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

Diamcor completes plant expansion at SA’s project

11 july 2014

Diamcor Mining said it has completed the planned plant expansion of the in-field dry-screening plant of Krone-Endora at Venetia project, in South Africa.
It said in a statement emailed to Rough & Polished that the upgrades included the installation of a second Dabmar Bivitec screening unit as well as the design, construction and installation of significant additional conveyor and material handling structures to create a closed-loop automated system to enhance the treatment and removal of fine materials under 1.2mm.  
It also completed the design, construction and installation of a large material storage and transfer bin and associated conveyor structures to allow for the automated loading of screened material for transport to the Company’s treatment plant.
Diamcor said this expansion would enhance the efficient screening of fine material, reduce operating costs, and effectively support increased processing capacities in the long-term.  
Meanwhile, the company said that it auctioned 2,507.23 carats of rough diamonds during the first fiscal quarter ended June 30, generating gross revenues of $487,018.12 or $194.25 per carat, on average.
“The company is pleased with these tender results given that the vast majority of materials processed during the commissioning and testing exercises performed later in the fiscal quarter were from upper gravels and areas which were expected to be of generally lower grade,” it said.
“As of June 30, 2014 the company had approximately 1,000 additional carats of rough diamonds on hand, which will be tendered for sale in the company’s second fiscal quarter ending September 30, 2014.”

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