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...

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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

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23 august 2021

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

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16 august 2021

Rockwell Diamonds mulls JSE delisting

14 december 2020
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Image credit: geralt (Pixabay)


The troubled Rockwell Diamonds is considering a transaction that will result in it delisting on the Johannesburg Stock Exchange (JSE).
The company remains suspended on the JSE.
Trading of Rockwell’s shares on JSE was suspended since March 26, 2017, amid financial difficulties of its South African subsidiaries namely Rockwell Resources RSA, HC van Wyk Diamonds and Saxendrift mine.
The company was delisted on the NEX, a separate board of the TSX Venture Exchange, on 1 April 2020.
Rockwell had been operating and developing alluvial diamond deposits in South Africa. 
The company's investments and mineral property were de-consolidated due to a loss of control and value stemming from being in liquidation.
A South African judge issued an interim liquidation order in 2017 against Rockwell’s South African subsidiaries.

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