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

BHP Chief Says ‘Clean Demand’ Won’t Return This Year

21 august 2009

BHP Billiton Ltd. Chief Executive Officer Marius Kloppers said global demand for metals won’t rise beyond what is required to rebuild stockpiles for the remainder of this year, Bloomberg reported.
“We won’t see clean demand until early next year,” Kloppers, head of the world’s biggest mining company, told reporters in Johannesburg today. “Stocking events will probably play the major role for probably the next six months.”
China is almost finished replenishing its inventories, he said. The depletion of stockpiles in Europe, the U.S. and Japan is coming to an end and those supplies will need to be replenished “over the next few months,” Kloppers said.
Metals including copper, aluminum and nickel have gained this year as the global recession abates. The rebound may be extended into next year, Nouriel Roubini, the New York University economist who predicted the financial crisis, said on Aug. 3. The LMEX London Metals Index of six metals including copper, aluminum and lead fell by about half last year.
BHP’s ability to invest about $10 billion last year while rivals shut operations “will stand us in very good stead” as markets recover, Kloppers said. The investments gave BHP “a considerable lead.”
Kloppers expects petroleum, iron ore, base metals and coal to contribute “quite a substantial chunk” to BHP’s earnings this year, while nickel, aluminum may not, he said.
Meanwhile, manganese producers in South Africa may have to make “significant” investments in infrastructure to boost exports of the metal and overcome “logistical constraints,” Kloppers said.