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

De Beers Q1 output jumps 18pc y-o-y

25 april 2014

De Beers’ diamond output leaped 18 percent year on year to 7.532 million carats in the first quarter of the year.
Anglo American, which has an 85 percent stake in the diamond company said in a statement published on its website that the increase was “largely due to the impact of planned plant maintenance at Orapa in the first quarter of 2013 and recovery from the 2012 sidewall failure at Jwaneng mine in Botswana”.
Output at Orapa leaped 54 percent to 3.204 million carats while production at Jwaneng increased 4 percent to 2.376 million carats during the period under review.
In total, Debswana, a joint venture between De Beers and the Botswana government recorded a 27 percent jump in output to 5.758 million carats.
Apart from Orapa and Jwaneng, Debswana also owned, Letlhakane and Damtshaa mines.
De Beers’ joint venture with the Namibian government, Namdeb produced 432,000 carats, from both land and marine mines.
In South Africa, Anglo said De Beers’ operations were disturbed by heavy rainfall resulting in lower production compared to the previous quarter.
Production at the Venetia mine dropped 17 percent to 531,000 carats while production at the Kimberley mine eased 28 percent to 159,000 carats.
However, production at the Voorspoed mine increased 72 percent to 242,000 carats.
In total, output from De Beers Consolidated Mines in South Africa fell 7 percent to 932,000 carats.
Production from Canada’s Snap Lake and Victor mines increased 3 percent to 409,000 carats.
De Beers was still on target to produce between 30 million and 32 million carats this year.   

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