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

Diamantaire Steinmetz Sues Guinean Government

15 may 2014

In response to the lawsuit filed by mining giant Rio Tinto against the firm BSGR, Israeli billionaire businessman and diamantaire Beny Steinmetz is suing the Government of Guinea, in order to prevent it from nullifying his mining license in the country, Israeli finance journal Calcalist reports cited by Steinmetz's company is demanding from the Guinean President Alpha Conde to recant his decision to invalidate its mining rights at the Simando deposits of iron and lead.
BSGR wants control over the mining operations returned to it, the firm said in a press release, as well as a reversion to earlier agreements. It also wants to receive financial compensation for any losses accrued as a result of this sequence of events, BSGR added. The firm is contemplating taking immediate legal action against those who have crossed it, the statement said.
For its part, the Guinean Government says that it has yet to receive an official statement from BSGR and refrained from commenting until such time as it does.
Days ago, Rio Tinto sued Steinmetz in a New York court, blaming him for the loss of the Simando mining rights.