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

Trans Hex’s Angolan mine rakes in $2.3m from diamond sale

16 april 2014

Trans Hex said its 33 percent-owned Somiluana mine, in Angola raked in $2.31-million from 5,120 carat sold at an average price of $451 per carat during the February tender.
It said in a statement that tender sale of diamonds from its South African operations also amounted to R106.5-million from 5,886 carats sold at an average price of $1,684 per carat.
Trans Hex said these sales reflected continued positive momentum in the rough diamond market and strong demand for its production.
The next sale of South African production would be held in May, while Somiluana conducted monthly sales.
Meanwhile, the diamond junior said production at Somiluana amounted to 72,041 ct for the year ending March 31.
A total 35,779 carats were produced in the first half of the year while 36,262 carats were produced in the last six months.
Production in South Africa was 52,081 ct for the year ended March 31, with 21,849 carats produced in the first six months of the year and 30,232 carats produced in the second half of the year.

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