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

Varda Shine Appealed to Sightholders

04 october 2012

De Beers said a series of changes will be implemented starting with the renaming of its subsidiaries as well as consolidating its corporate identity.
Diamond Trading Company (DTC) chief executive Varda Shine said in a statement to Sightholders seen by Rough&Polished that a volatile global economy, shifting consumer demographics, new technological innovations, and increased challenges in accessing supply, were forcing “all of us to adapt and evolve”.
“We have been looking at our overall corporate identity for some time and whether or not the De Beers Family of Companies is the best way to describe our organisation in a changing, more competitive, diamond world,” she said.
“After much consideration we will change our corporate identity to the De Beers Group of Companies.”
Shine said that DTC and Diamdel would be the first two companies to face this change.
Sightholders, she said, would likely be named Sightholders of De Beers, while DTC may be renamed De Beers Group Sales, or De Beers Group Marketing Division.
"Importantly, the identities of most of the wholly or majority controlled De Beers operations (but not the business itself), including the DTC and Diamdel, will be gradually phased-out over time, and those operations (which will continue to thrive) will adopt the overarching De Beers identity," Shine said.

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