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

De Beers 1Q Diamond Production Slumps 16%

20 april 2012

De Beers diamond production fell 16 percent year on year to 6.208 million carats in the first quarter of 2012, parent company Anglo American reported Thursday cited by Rapaport. Output declined by 4 percent when compared to the fourth quarter of 2011.
Anglo explained that production decreased mainly reflecting De Beers planned focus on maintenance and waste stripping activities. The company added that De Beers sale of its Finsch mine during the year also reduced production compared to the first quarter of 2011.
Anglo currently owns 40 percent of De Beers but has agreed to buy the 45 percent stake of the company held by the Oppenheimer family. Anglo reported that all regulatory and competition approvals for the acquisition have been achieved, with the exception of the South African Diamonds and Precious Metals Regulator and the South African Minister of Mineral Resources. The acquisition is expected to complete in the second half of 2012.
The Botswana government owns the remaining 15 percent in De Beers.