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

Richland gets pro tem permission to resume tanzanite exports

19 october 2012

AIM quoted gemstones producer and developer, Richland Resources said it has received interim permission to resume export from Tanzania’s Ministry of Energy and Minerals.
The exports of the company’s subsidiary TanzaniteOne Mining (TML) were banned early this month after a dispute over royalties owed to the Tanzanian government.
The retrospective royalties, which Richland was disputing, amounted to $1.73 millon for period between 2004 and 2008.
It said in a statement emailed to Rough&Polished that the interim permission was received after extensive discussions with the ministry and would apply during the re-audit of financial records of TanzaniteOne by the Tanzanian Minerals Audit Agency TMAA).
“A letter, received from the Ministry, states that, as agreed with the company, the TMAA has commenced a re-audit of the financial records of TML for the period 2004 to 2010 in order to establish the amount, if any, of additional royalties payable,” it said.
The Ministry would also resume all other support to the company’s mining activities.
Richland also resumed trading in its shares on Wednesday after a week-long suspension.

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