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

Gemfields in Mozambique ruby acquisition, first output seen this year

01 march 2012

Aim-listed Gemfields has acquired a controlling stake in a Mozambique ruby deposit with first production expected later this year.
The gemstone miner said that the conditions of the agreement had been satisfied and the Mozambican government had formally issued the licences, which were valid for 25 years, to Montepuez Ruby Mining Limitada, in which Gemfields holds a 75 percent interest.
“We will now initiate additional bulk sampling and diamond drilling of the area and expect our first production later this year," said Gemfields chief executive Ian Harebottle in a statement.
The project comprised mining and exploration rights covering about 34 000 ha and was believed to be one of the largest privately owned ruby concessions in the world, it said.
Gemfields said it intends to initiate additional bulk sampling and diamond drilling of the area.  
"This is a particularly exciting development for Gemfields and we are thrilled to add rubies to our emerald and amethyst portfolio,” said Harebottle.
Mining had previously taken place in the area on a relatively small and informal scale.

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