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

Diamond miner Escom expands investment in Angola

17 august 2009

Local reports say Escom, whose majority of shares is owned by Grupo Espírito Santo (GES), has increased its investment in Angola through the acquisition of shares that BHP Billiton held in 14 diamond areas.
Angola Digital noted that the two companies had won concessions for the exploitation of diamonds in areas such as the Lunda and Bié, which are still under exploration.
The deal was completed earlier this year, after BHP Billiton had reported that it would disinvest in Angola. 
An unnamed Escom official was quoted as saying that "this investment reinforces the position of Escom in the mining sector in Angola".
Escom sold 248 000 carats of diamonds, accounting for USD33.6 million, which fell in the past to 169 000 carats, but revenue fell only to USD32,8 million.  
The company stressed that it had streamlined costs, with the expectation that the market would improve from the end of this year. 

Claudia Pereira, Rough&Polished from Angola