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

WDC foresees two distinct value chains for diamond industry

29 june 2021
World Diamond Council (WDC) has projected that the diamond industry will likely have two distinct value chains.
Council President Edward Asscher told the closing session of the 2021 Intersessional Meeting of the Kimberley Process (KP) that of the two, one will consist of responsibly sourced diamonds and the other that does not.
He alleged that some KP members were not ready to meet the expectations of jewellery consumers, who are now concerned about diamonds that are responsibly sourced.
“It might well be that the considerations of consumers are far beyond the field of perception of producing countries, polishing centres and governments,” said Asscher.
“But what happens if producers do not listen to the market? They become obsolete.” 
He, however, said that the KP had the potential to create a level playing field should it meets consumer expectations.
“But there is clearly resistance, and I believe it is because some of us see the Kimberley Process Certification Scheme as an enabler of trade, while others see it as a restrictor of trade,” he said.
Asscher said there was a need for the KP members to work together to reform the organisation or leave behind those that were not willing to evolve.

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