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

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23 august 2021

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

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16 august 2021

Labour tension hits Namdeb again

27 april 2012

Namdeb has once again reached a stalemate with the Mineworkers Union of Namibia (MUN) over wage increases.
The Namibian newspaper reports that the diamond giant had refused to meet the union's demand for a basic wage increase of 25 per cent and was offering 3,5 per cent instead.
MUN was said to have declared the logjam last Monday after 12 days of negotiations with Namdeb management.
The workers went on a 31-day strike last year, which saw Namdeb registering a N$121 million ($15,4 million) loss.
Namdeb brand manager Pauline Thomas said the parties had five days to resolve their differences.
Thomas said the dispute mainly centred on the Total Renumeration Package (TRP) offered to non-bargaining-unit employees.
"Both parties are aware that the Namibian mining industry settlement levels for 2012 range from 6,5 per cent to 7 per cent," she said in a statement.
However the union's position was that this package should also apply to the bargaining unit employees.
Namdeb chief executive officer Inge Zaamwani-Kamwi said "it is too early to quantify the financial impacts at this stage, as the parties still remain open to discuss their respective positions”.

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