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 disposes of mining interests in SA’s MOR region

21 july 2014

Trans Hex has entered into an  agreement to dispose of its entire interest in its wholly owned subsidiary, Pioneer Minerals, as a going concern for a cash consideration of R35 million ($3.3 million) to Bondeo.
The company said in a statement that the disposal constituted the final step of a strategic process, initiated in March 2007, to dispose of the group’s mining and prospecting projects located between Douglas and Prieska in the Middle Orange River region of the Northern Cape Province.
Pioneer holds a diamond mining right on the farm Remhoogte, while Bondeo owns other diamond mining and prospecting operations in the Middle Orange River region.
The consideration was currently being held in trust and would be settled to Trans Hex on the date of fulfillment of the last of the suspensive conditions, it said.
It was also subject to approval by the Minister of the Department of Mineral Resources and the conclusion of a marketing agreement that allows Trans Hex to have the right to market  all diamonds produced by Bondeo at Remhoogte.

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