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

Murowa diamond output more than doubles in 2011

19 january 2012

Murowa diamond mine, in central Zimbabwe increased its output to 285,000 carats in 2011 compared to 139,000 carats the previous year, figures released by Rio Tinto show.
The diamond miner also recorded an output of 88 000 during the fourth quarter up from 30,000 carats recorded during the same period in 2010.
Murowa recorded an output of 45,000 carats during the first quarter of 2011 before it made a huge leap to 80,000 carats the following quarter.
However, diamond output retreated marginally to 72,000 carats in the third quarter.
The mine, which is 78 percent owned by Rio Tinto surprisingly fared well last year despite the pressure it received from the Zimbabwe government to offload its 51 percent stake to black natives under the country’s controversial indigenisation drive.
Reports suggested last year that Rio Tinto had agreed to cede a 51 percent share of the Murowa diamond mine.
However, the miner did not mention this issue in its latest report, raising doubt to the authenticity of such claims, which emanated from the Indigenisation minister Saviour Kasukuwere.
Several mining companies had shown resistance to the indigenisation drive and were willing to establish community trusts instead of ceding more than half of their company shares to the locals.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished