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

Angola Urges Diamond Companies to Reduce Foreign Workers

13 february 2009

Angola is urging diamond companies operating in the country to reduce the number of foreign workers as a cost-cutting measure to cope with the ongoing crisis in the diamond sector, reported.
Diamond prices have plummeted in recent months as the U.S. and other leading diamond consumers slipped into recession. The U.S. accounts for nearly half of the global world diamond demand.
Angolan Mining Minister Makenda Ambroise suggested that companies cut costs by reducing the number of expatriates on their payroll.
Angola's diamond production has been growing rapidly in recent years. The country is now the world's fifth-biggest diamond exporter.
Despite the global financial crisis, Endiama, Angola’s diamond mining company, announced last month that it plans to increase annual diamond production by about 10% to 10.5 million carats in 2009.
The company also announced that it is seeking partners for diamond prospecting at 100 sites located in 14 of the country's 18 provinces. Angolan law stipulates that companies interested in exploring for diamonds in Angola must partner with Endiama.