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

BHP Billiton will lay off 6,000 mineworkers at several different mines

03 february 2009

BHP Billiton will lay off 6,000 mineworkers at several different mines by the middle of this year, mostly in Australia, as Rough&Polished was informed at the Antwerp World Diamond Center. The firm has more than 100,000 employees worldwide.
The news follows rival Rio Tinto's announcement that it is laying off 14,000 employees and cutting $5 billion in spending.
In the final quarter of 2008, BHP Billiton produced 594,000 carats of diamonds, down 30 percent from the fourth quarter of 2007 and down 23 percent from the third quarter of 2008.
Production in the second half of 2008 totaled 1.367 million carats, down 27 percent from the second half of 2007.
"Production decreased due to lower grades following changed ore sources," the company said in a statement.
It added that its 80 percent owned Ekati Mine in Canada's Northwest Territories is changing over from open-pit to underground mining, which will result in variations in the mix of ore processed from time to time.

Alexander Shyshlo, Rough&Polished European Bureau Editor, Antwerp