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 1Q Diamond Production +1%

22 october 2009

BHP Billiton reported that diamond production rose 1 percent year on year to 780,000 carats during its first fiscal quarter, which ended September 30, 2009. Compared with the previous quarter, the group’s diamond production fell 14 percent due to lower ore processing at its 80 percent-owned Ekati mine in Canada, RAPAPORT reported. “Production continues to be influenced by the variability of ore sources due to the mix of open pit and underground mining,” the company explained in its quarterly production report.
BHP Billiton noted that there was increasingly positive economic news in most countries during the quarter, singling out China as a strong growth center. “Chinese economic growth continues to be robust on the back of strong domestic-focused consumption and infrastructure-based stimulus spending,” the company explained. “China's re-stock of commodities is essentially complete and there is now evidence of higher-than-normal stockpiles across the supply chain.”
BHP Billiton added that that it expects Chinese imports to more closely reflect real demand for the remainder of 2009. While the group recognized some “positive signs” in industrial production within developed economies, it stressed that unemployment in the U.S., Japan and Europe continues to lag and may trend higher in the near-term.
“We continue to stress that this developed-economy improvement is not without volatility and is from a very low base,” BHP Billiton stated. “We maintain our view that real demand follow-through in developed economies may not be transparent until the mid-2010 calendar year.”