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

Indian diamantaires to head for rough diamond auction in Panna

Diamantaires from Gujarat, Delhi, Mumbai, Hyderabad and other parts of the country are expected to participate in an auction in Madhya Pradesh's Panna district from September 21, where a total of 139 rough diamonds with an estimated value of $0.144 mn will be auctioned.
The diamonds, collectively weighing 156.46 carats, were quarried from mines in the district, Panna's diamond officer Ravi Patel told media persons on Sunday. These precious stones also include a 14.09-carat diamond, which was found by a labourer in Februrary this year and remained unsold in the previous auction. It is expected to be the main attraction and may fetch about $0.095 mn, officials said, adding that it will be the biggest gem to be put up for the auction this time.
According to officials, the proceeds from the auction of the raw diamonds would be given to the respective miners after deduction of government royalty and taxes.
In February, a labourer and his partners found the 14.09-carat diamond in a mine which they had taken on lease near Krishna Kalyanpur village in the district. Panna district, located over 380 km from state capital Bhopal, has reserves estimated to be containing diamonds totalling 1.2 mn carats.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished