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

Zim large-scale gold miners to directly export a portion of their output

30 june 2021
The Reserve Bank of Zimbabwe (RBZ) is set to allow large-scale gold mining companies to directly export a portion of their output in a move seen as the central bank’s gradual easing of its control of the trading of the precious metal in the southern African country.
Reuters quoted the bank's director of exchange control Farai Masendu as saying in a circular that miners who boosted gold output above their average monthly production would be allowed to directly export that portion.
“[This will] enable them (gold miners) to secure funding in form of gold loans, to enhance their gold production," he said.
RBZ owns the Fidelity Printers and Refiners (FPR), which is the sole buyer, refiner and exporter of gold in Zimbabwe.
The central bank is expected to unbundle FPR into two separate entities.
It will sell a majority stake in the new gold refinery business to miners.

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