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

Diamond Company Investor Owes $250 Million in Taxes

20 august 2012

A South African investor in diamond and gold mining companies, said to be the third wealthiest man in the country, owes the government a quarter of a million dollars in back taxes, Mining.com reports cited by Israelidiamond.co.il. Billionaire entrepreneur Christofeel Wiese is in arrears on his payments to SARS, according to South Africa's revenue agency. The $250 million tax debt is thought to be the largest in the country's history.
In response to questioning from The Sunday Times newspaper, Wiese shot back, declaring that he has nothing to hide and that if the tax collection authorities believe he owes them money, they should send him a bill for the sum.
Wiese first came under investigation by tax officials after he was stopped by British customs agents in a London airport en route to Luxembourg when they discovered that he was carrying over a million dollars in cash on his person. Wiese denies any wrongdoing, saying that the million dollars were payment for diamond trades, and in any case only represent about two weeks worth of work for him, according to Mining.com.