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 gold output improves following central bank intervention – report

26 july 2021
Zimbabwe's gold output improved last month by 75% to 2,924 tonnes from 1,668 tonnes in May following incentives introduced by the Reserve Bank of Zimbabwe (RBZ), according to the local media.
The Herald newspaper reports that figures released by Fidelity Printers and Refiners (FPR), a subsidiary of the central bank, which is the country's sole gold buyer, show that June’s production was 107% compared with 1,409 tonnes, a year earlier.
"On average, small-scale miners produced 1,7 tonnes of the 2,924 tonnes produced last month,” said Zimbabwe Miners Federation chief executive Wellington Takavarasha.
"The increase may be attributed to the incentives the Reserve Bank through FPR has put in place and also some improvement in the cash flow, thus, their (FPR) price was now commensurate with the international market price."
Zimbabwe produced 9,954 tonnes during the first six months of the year.
Of this, a total of 4,801 tonnes came from the small-scale miners while 5,153 tonnes were delivered by large-scale miners.
During the same period last year, small-scale miners delivered 6,049 tonnes while primary producers contributed 4,561 tonnes. Smuggling, however, remains a major setback with the most gold believed to be smuggled into neighbouring South Africa and Dubai.

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