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

Jubilee acquires more PGMs tailings material

07 june 2021
Jubilee Metals has acquired the rights to an additional 944 000 tonnes of platinum-group metals- (PGMs-) containing tailings on the Eastern Limb of the Bushveld Complex.
This is in addition to the recent PGM Supply Agreements in the Eastern Limb and the acquisition of 255 000 tonnes of PGM containing material in the Western Limb.
It said the acquisition was linked to the prevailing PGM basket price and is payable monthly in advance of uplifting the material and transporting it to Jubilee’s Inyoni PGM plant. 
Jubilee has targeted to commence the upliftment of the PGM material during June 2021 targeting a minimum rate of 30 000 tonnes per month, the equivalent of 1600 PGM ounces per month.
“Our reputation as the go-to partner in an ever-expanding operational footprint is just another example of our ability to outpace competitors and drive growth in the region and I am highly confident that we will secure further long-term feed supplies and operational presence driving our sustained earnings in South Africa,” said Jubilee chief executive Leon Coetzer.
Until recently, Jubilee’s current PGM operational footprint has been limited to the Western Limb, a single area of the two main PGM areas in South Africa.

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