Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...


GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

Gem Diamonds recommences mining operations in Lesotho

24 april 2020

Gem Diamonds will next week recommence mining operations at its Letšeng mine in Lesotho, despite the general lockdown in the country having been extended until 5 May.
The company said Maseru had permitted the re-opening of diamond mines in the country, previously subjected to the lockdown order. 

Image credit: Gem Diamonds

However, this was subject to compliance with Covid-19 health and safety guidelines.
“Accordingly, the company's Letšeng mine will re-open on Monday, 27 April 2020, in accordance with a phased ramp-up plan which is compliant with health and safety protocols formulated by health experts for the prevention of Covid-19 disease,” it said.
“This plan also reflects the practical supply chain and market considerations arising from the continued lockdown in Lesotho, South Africa, Belgium and other relevant jurisdictions.”
Gem Diamonds said its key priority remains the safety of its employees, contractors and customers, and it has adopted a comprehensive Covid-19 management plan.
The company has to date concluded two flexible tender sale processes for Letšeng diamonds.   
These, it said, will continue throughout this period.  
“In addition, the company continues to assess the full extent of the operational and financial impacts of the Covid-19 disease and updated 2020 guidance will be provided once this process is completed,” said Gem.
Lesotho has not yet reported instances of any Covid-19 positive test cases.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished