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

SA establishes new diamond working group

05 march 2009

The Diamond Council of South Africa and the Diamond Dealers Club of South Africa have established a strategic working group to ensure that the country’s diamond industry does not collapse in view of the ongoing global economic recession.
Chairperson (of both organisations) Ernest Blom told local media that the working group was pulling together stakeholders from all sides of the industry to assist in strategic future planning.
“We have just started with strategic planning for what we hope to achieve, and will have some information towards the end of March,” he was quoted as saying. "We are being proactive and do not want the same unfavourable fate for the diamond industry, which other industries have walked in the current economic climate.”
Tacy Consultant's principal Chaim Even-Zohar told an African mining Indaba recently that the diamond industry had to be restructured and consolidated, as the financial crisis hightens.
He also predicted global demand for rough diamonds to fall by 60 percent while demand for polished diamonds was also expected to go down by 33 percent.

Mathew Nyaungwa, Rough&Polished from SA