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

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

COVID-19 restrictions give rise to illegal diamond, gold mining and trading – HRW

26 november 2020
Image credit: Hans (Pixabay)

There has been an increase in illegal gold and diamond mining and trading in several countries in Africa and Latin America, in part due to restrictions on the legal movement of resources and reduced government monitoring of laws and regulations, according to the Human Rights Watch (HRW).
It said in a report that as a result mining communities are under heightened risks of exploitation, abuse, and environmental damage by illegal mining operators.
"For example, a civil society activist in Guinea said that illegal diamond mining has risen, as security forces were no longer monitoring mining activities during the lockdown," it said.
"Observers in Ghana noted a similar increase in illegal gold mining, including in rivers and forest reserves, as state control and monitoring of mining areas were drastically reduced due to lockdown rules."
Meanwhile, HRW said the COVID-19 pandemic has posed vast challenges for the jewellery and watch industry, a major market for gold, diamonds, and other minerals.
It said jewellery companies have had to close stores, and consumer demand has slumped. 
"Companies that were investing in responsible sourcing have diverted attention and resources to more immediate crisis management measures," HRW said.
"But now more than ever, because of the increased risk of abuse, jewellery companies should conduct human rights due diligence to ensure that they do not cause or contribute to rights abuses in their supply chains."

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