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

Ebola outbreak: Sierra Leone to miss diamond export target

02 september 2014

Sierra Leone is set to miss its target of exporting diamonds worth $200 million this year because of the Ebola outbreak currently ravaging the West African country.
At least 1,427 people have died of the deadly hemorrhagic virus since it was first detected in the remote jungles of southeast Guinea last March and spread quickly to neighboring Liberia and Sierra Leone.
Five people have also died in Nigeria.
Reuters quoted the country’s deputy minister of mineral resources Abdul Ignosis Koroma as saying that miners were too afraid to go to alluvial diamond pits.
Sierra Leone exported $186 million of diamonds in 2013.
Several international companies in the region had pulled out expatriate staff in recent weeks, according to Reuters.
African Development Bank (AfDB) chief Donald Kaberuka who recently visited Sierra Leone said he had seen estimates of a reduction of up to 4 percent in gross domestic product due to Ebola.
"Revenues are down, foreign exchange levels are down, markets are not functioning, airlines are not coming in, projects are being cancelled, business people have left - that is very, very damaging," he said.

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