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

Lucapa resumes mining operations at Mothae

01 february 2021
Image credit: Lucapa Diamond

ASX-listed Lucapa Diamond has recommenced mining operations at its 70%-owned Mothae kimberlite mine, in Lesotho.  
Mining operations at Mothae were suspended as a result of a two-week nationwide lockdown initiated by the government of Lesotho to curb the surge in COVID-19 cases.
"It is great to see the Mothae mine operating once again as we prioritise the health and safety of our teams returning to [the] site," said Lucapa managing director Stephen Wetherall.
With the diamond market continuing its strong momentum into 2021, we look forward to the remainder of the quarter and completing the expansion project on time."
Lucapa recently sold a parcel of 4,676 carats of rough diamonds from Mothaefor $5.6 million or $1,198 per carat.
This was the highest average US dollar per carat price achieved by Mothae on the sale of any run of mine production parcel.
The sale included a 101 carat D colour diamond recovered following re-opening of the mine in the fourth quarter of 2020, which is the most valuable diamond recovered to date at Mothae.

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