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

Low demand for diamonds seen slowing Botswana’s economic growth in 2012

21 june 2012

Botswana's economic growth is expected to slow down this year as the poor global economic performance is weakening demand for diamonds.
Diamond mining was Botswana’s economic mainstay, accounting for about a third of overall output.
A Reuters poll showed that the country’s gross domestic product (GDP) would only expand 4.1 percent this year from 5.1 percent last, but accelerate to 5.1 percent in 2013.
The news agency reported that Botswana’s economy shrank 5.8 percent on a quarter-on-quarter basis at the end of 2011, as mining output contracted sharply.
The Bank of Botswana recently said that the country's rough and polished diamond exports dropped to $173.8 million in April after a huge leap the previous month.
Botswana earned $411.3 million from diamond exports in March.
April's exports figure was seven percent lower than that of the same period last year although higher than $109 million recorded last January.

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