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

Mining Group Xstrata CEO: Xstrata-Anglo American merger -a “powerhouse”

06 august 2009

A merger between Anglo American and Xstrata would create a mining powerhouse, Mining Group Xstrata CEO Mick Davis told Miningweekly on Monday. Xstrata is hoping that new Anglo American chairman Sir John Parker convinces the investors of Anglo American to accept the merger offer, reported.
Mining analyst Liberum Capital told Miningweekly that the interim results that Xstrata posted aren't enough to convince Anglo American investors that this was in fact a merger of equals. However,  Xstrata DFO Trevor Reid stated that the De Beers debt component wasn't included in the math, even though Anglo American is likely to cover the debt.
According to Davis, a merger between Anglo American and Xstrata would benefit both groups, and create a superior mining group with enhanced capabilities, as proven in the 2001 BHP-Billiton merger. A merged company would be away to develop a number of major projects without risking the company's capital, he said.