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

U.S blocks Anjin’s $20m diamond deal

03 april 2012

The United States has intercepted a Belgian firm’s $20 million that was meant to buy stones from Anjin Investment, which mines Marange diamonds in partnership with the Zimbabwe Mining Development Corporation (ZMDC).
The Herald newspaper quoted Anjin secretary Charles Tarumbwa as saying that the diamond miner had, however, not released the parcel to the unnamed firm.
“The good thing was that we had not released the diamonds as we waited for the money to come to Zimbabwe first,” he said.
“But the freezing of the money has an adverse effect on us because good and well paying diamond buyers are in Europe, so they become very hesitant to buy our gems in the wake of the freezing of the monies.”
The US had imposed sanctions on firms mining Marange diamonds in partnership with ZMDC accusing them of propping up the repressive machinery of President Robert Mugabe’s political party.
These were Mbada Diamonds, Diamond Mining Corporation as well as the ZMDC’s wholly-owned Marange Resources.
However, Washington was yet to officially put Anjin under sanctions but the latest move showed that the company was already feeling the heat of the trade embargo.

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