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

De Beers outlines ambitious plans for next decade

01 december 2020
Image credit: De Beers Group (Facebook)

De Beers has announced 12 ambitious sustainability goals for the coming decade, which will see it ethically source diamonds, achieve gender parity throughout its workforce and being carbon neutral within its operations by 2030.
The goals are part of De Beers’ Building Forever framework – a sustainability approach embedded in the business’ commercial strategy and focused on maximising the positive impact of diamonds on their journey from discovery to retail.
“People have always been able to give and wear our diamonds with pride, and by announcing our 12 Building Forever goals and sharing our progress along the journey, they can have a deeper connection to the active role their De Beers Jewellers or Forevermark diamond has played in protecting the natural world and improving people’s lives,” said De Beers chief executive Bruce Cleaver.
The Anglo American unit said it would provide the origin and impact of every diamond it discovers and sells as well as extend its Best Practice Principles (a set of leading ethical, social and environmental standards) beyond its value chain to advance industry standards.
De Beers has been tracking high-value diamonds from miner to retailer using blockchain technology to keep the supply chain free from conflict minerals.
The group also said that it would be carbon neutral across its operations, reduce its water footprint by 50% and achieve a net positive impact on biodiversity by 2030.
De Beers’ CarbonVault initiative had been trying to capture carbon from the atmosphere and lock it away in kimberlite.

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