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

Endiama says Angola’s new mining code to reduce tax burden

06 july 2012

Angola’s state-owned diamond mining company, Endiama said that the new Mining Code introduced last year, in the southern African country, will see tax burden on mining companies reduced to 25 percent from 35 percent.
Company chairman Carlos Sumbula was quoted by Macauhub as saying that investors would also be in a position to take a majority stake in mining companies.
Endiama dominated diamond mining in Angola and had stakes in all mining activities of gems in the country.
The code, Sumbula said, would allow a single contract to be signed covering prospecting and exploration.
He said that reasons to invest in Angola’s diamond industry included “high” quality gems, an enormous kimberlitic potential, price stability, an attractive taxation system, as well as political, social and economic stability.
He said Endiama was currently promoting 108 projects, of which seven were still being negotiated while another 11 had been approved by the government.
Sumbula said the miner was also prospecting 17 kimberlite projects and 14 alluvial diamond projects in the provinces of Lunda Norte, Lunda Sul, Malanje, Kwanza Sul and the central plateau region.

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