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

Lucara says production at Botswana diamond mine to start in Q1 2012

10 february 2012

Lucara Diamond said the construction of its Karowe Mine, in Botswana is now 90 percent complete with production scheduled for the first quarter of 2012.
The company’s chief executive and president William Lamb told a Mining Indaba that the  contractor commenced production in November, adding that current ore stockpile on site contained 220 000 tonnes of mined kimberlite.
“Activities to expose additional fresh kimberlite to provide flexibility in open pit operation are still ongoing,” he said.
Lamb said that Karowe would produce 400 000 carats per year at base valuation of $301 per carat.
He, however, said that 300 000 carats were expected to be produced at the mine this year.
Meanwhile, the Lucara boss said that two sales of Mothae goods, in Lesotho last year had demonstrated the value of the diamonds contained at the mine.
Lucara offered a total of 7,190 carats in 28 sale lots in Antwerp between December 5 through 9, 2011.
All 28 lots received multiple bids and winning offers resulted in an average price of $893 per carat and gross proceeds of $6.4 million, an increase from its first diamond sale earlier in the year.

Mathew Nyaungwa, Rough&Polished, from Cape Town, South Africa