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

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

GGSM gets additional land for diamond exploration in Sierra Leone

06 june 2012

Gold and GemStone Mining (GGSM) said its Sierra Leone Joint Venture partner has secured an additional 50 acres of surrounding concessions to its existing project Nimiyama situated in the Kono District.
It said in a statement that the new extension agreement had been signed with the local paramount chief and extends the previous agreement increasing the existing 50 acre site up to a potential total of 100 acres of prime alluvial diamond and gold mining territory.
With a previous government report valuing the territory in the area at $600 000 per acre, the total value of the new extended concession issued under GGSM's subsidiary can be as much as $60 million, the company said.
“The provision of the additional mining concessions is subject to GGSM initiating mining operations on its existing 50 acre concession located within proximity to the new concessions within the next 12 months, along with a commitment to work with and develop local social projects within communities surrounding the concessions,” it said.

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