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

Zambia to review ‘weak’ mines legislation, losing gemstone revenue

31 january 2012

Zambia is contemplating to review the Mines and Mineral Development Act to derive maximum benefits from the country’s mineral resources.
Times of Zambia quoted Mines Minister Wilbur Simuusa as saying that the current legislation framework was “weak”, adding that the draft act was expected to be complete by the end of this month.
He said that the government would also review the mining tax after the amendment of the Mining Act was completed.
Unnamed mining experts were also quoted by the paper as saying that the new law should allow holders of an Artisans Mining Right to mine all minerals including gemstones except radioactive minerals.
Meanwhile, Simuusa said that Zambia was losing more than $500 million a year of gemstone revenue due to a poor export monitoring system.
He said the gemstone industry only declared $200 million as revenue last year, when the world market had declared about $700 million as the value of the gemstones from Zambia.

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