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 to reveal sightholder requirements next month - report

25 june 2014

De Beers is set to unveil its requirements for sightholder applications for the next three-year contract period.
The requirements would be presented to sightholders at the next sight scheduled to take place from July 14 to 18.
Rapaport quoted De Beers vice president of global sightholder sales Paul Rowley as saying that the focus would be on ensuring greater transparency and financial governance among sightholders.
“We felt we need to be more flexible and simplify the process, but not without keeping certain hurdles,” he said.
“We’re very keen to see the sightholder brand become more robust. Through our best practice principles and financial governance we’re looking for more transparency and to make sure that sightholders are in a financially strong position to take the industry forward with us.”
The new contract period begins in April 2015 and would run through March 2018.
Applications would be opened from September this year, said Rowley.
De Beers currently has 84 sightholders receiving goods primarily through its global sightholder sales unit, but also through the company’s Botswana, Namibia, South Africa and Canada sights. The company also sells 10 percent of its production via its auctions sales, Rapaport reports.

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