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

Rockwell boosts Q4 revenue, output

03 april 2014

Rockwell said its revenues from diamond sales (excluding beneficiation) increased 69 percent to $12.1 million during the fourth quarter of fiscal 2014.
The value of sales from the company’s Middle Orange River (MOR) operations in South Africa increased 101 percent to $8.5 million while the value of sales from Tirisano mining contractors generated $3.6 million, it said.
MOR operations achieved a 76 percent increase in carat sales while the average carat value rose 14 percent to $1,978.
Meanwhile, Rockwell said that its total carat production grew 74 percent during the quarter.
This included 2,676 carats from own operations and 4,041 carats from contractors.
Volume production from its three MOR mines increased by 60 percent and carat production rose 39 percent.
"Rockwell's fourth quarter performance shows progress on a number of fronts with the results all pointing in the right direction and in line with our strategy to focus on the Middle Orange River,” said company chief executive James Campbell. 
“MOR volumes of gravel processed are up 60 percent from a year ago on the back of additional throughput from new capacity and this is in spite of abnormally heavy rainfall as well as service delivery protests that were managed in partnership with local leaders and regional authorities to minimise the impact on our workers and our operations.”

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