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

Namibia’s Quarter-on-Quarter Diamond Output Doubles

02 october 2009

Namibia’s diamond production more than doubled in the second quarter compared with the previous quarter, Bank of Namibia Deputy Governor Paul Hartmann said, without giving the number of carats mined, Bloomberg reported.
Second-quarter output of the gems declined by 48 percent, compared with a year earlier, Hartman told reporters in the capital, Windhoek, today. 
“This increase was attributed to the fact that on-shore mining operations resumed in the second quarter of 2009 after the production holiday since the fourth quarter of 2008,” he said. Output during the remainder of 2009 is expected to be lower than in 2008 as the world financial crisis continues to depress demand, Hartman added. 
Namibia is the only country where diamonds are mined offshore. Namdeb, the country’s biggest producer of the gems, is a joint venture between the Namibian government and De Beers, the world’s largest diamond producer. Diamonds vie with tourism and fishing as Namibia’s biggest foreign-exchange earner. 
Output at AngloGold Ashanti Ltd.’s Navachab Gold Mine declined 19 percent in the quarter compared with a year earlier, while quarter-on-quarter production fell 33 percent to 410 kilograms (902 pounds), the lowest in three years, the central bank said. “This resulted from operational problems experienced by the mine during the second quarter of 2009,” Hartman said.