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...

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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...

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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...

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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

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23 august 2021

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

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16 august 2021

Debswana eyes Jwaneng Cut 9 expansion project

17 december 2012

Newly appointed Debswana deputy managing director and outgoing Jwaneng general manager Balisi Bonyongo said the diamond miner will likely embark on Cut 9 expansion project following the successful completion of the Cut 8 project this year.
The Cut 8 project was meant to extend the life of Jwaneng mine to 2024 and gain access to an additional 100 million carats.
Botswana Gazette quoted Bonyongo as saying Debswana was already doing feasibility studies on mining another side of the mine pit.
He said if their estimates were accurate, Cut 9 would extend the mine’s lifespan from Cut 8’s 2024 to 2032. 
Bonyongo said although the softening of global diamond market was a cause for great concern, Debswana was undeterred and forging ahead with plans to start producing diamond from the Cut 8 project in 2016.
“We are currently removing dirt so as to be ready for the 2016 deadline (for the beginning of mining on the eastern side of the mine pit),” he said.

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