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

Oil drilling off Namibian coast set for 2011

30 april 2009

A British exploration company, Tower Oil says it remains confident that there is about ten billion barrels of oil on Walvis Ridge off the Skeleton Coast in Namibia and that the drilling for oil might kick-start late 2011.
Tower Executive Chairman Peter Kingston said the interpretation of the updated two-dimensional seismic data had confirmed huge potential over all three their license blocks and has increased confidence in prospectivity of the project.
Tower Oil, through its Namibian subsidiary Neptune Petroleum Namibia has a 15 per cent shareholding in the liсense blocks.
The rest belonged to Arcadia Petroleum, a UK-based financier.
Kingston said much of last year was spent on interpreting two-dimensional data, adding that they would this year embark on a large three-dimensional seismic survey by the last quarter of 2009.
“This approach will substantially reduce the risk of selecting the first well location, but would delay drilling of a first well until late 2011 at the earliest,” he said.
Neptune and Arcadia have informed the Namibian government of their plans to start their second exploration phase at end of September.

Veronica Novoselova, Rough&Polished African bureau editor in Namibia