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

Angola to start polishing diamonds in September

18 august 2014

Angolan state-owned diamond company, Endiama said the country is now ready to polish part of the diamonds produced locally for the first time.
Company chairperson António Carlos Sumbula was quoted by Angop news agency as saying that this process would start late next month.
“The first steps will be taken late this coming September,” he said at the end of a visit by several African ministers responsible for mineral resources development.
Sumbula said that apart from polishing stones, Angola was also planning to create favourable conditions that would see the local production of diamond jewellery.
Diamond miners in Angola sell their production through Endiama subsidiary, Sodiam at a discount to specified Chinese and Dubai traders.
Data released by the Kimberley Process recently showed that Angola was the fifth largest diamond producer in the world by value.
Its output grew 15 percent to $1.28 billion from 9.36 million carats while its average price rose 2 percent to $136.49 per carat.
Angola was expected to boost its diamond output this year to 10 million carats.

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