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

Metalex ups private placement to finance SA diamond project, gold exploration

22 december 2020
metalex_logo.jpgMetalex Ventures has increased its private placement from $1,2 million to $3 million following much interest shown in the offering.
"Due to the amount of interest shown in the offering, the company has, for the foreseeable future, abandoned any plans to roll back the stock," it said.
The company recently said that proceeds from the sale of the units will be used to advance the recently acquired Viljoenshof Diamond Project in South Africa and for general working capital.
Metalex reached an agreement with Invest in Property 126 (IIP) early this month to acquire an interest in the 3,373-hectare Viljoenshof prospecting license, in South Africa.
The license area, within 30 kilometres of the famous Kimberley Diamond Mines, was last known to have been explored by DeBeers in the 1960s, with two kimberlite pipes, two kimberlite dykes and two kimberlites of the unknown type discovered. 
DeBeers unsuccessfully applied for the exploration license over this area again in 2014, as IIP applied shortly beforehand and was awarded the license. 
Meanwhile, Metalex said proceeds from the sale of the flow-through shares will be used to finance qualified exploration on the company's three recently staked gold claims in Quebec and exploration in search of up-ice source areas of 46 additional highest priority gold anomalies.

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