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 receives mining right for SA diamond project

15 september 2014
Diamcor Mining said it has been granted a mining right for the Krone-Endora at Venetia diamond project by the South African Department of Mineral Resources.
The junior diamond mining company said in a statement emailed to Rough & Polished that the mining right had a 30-year term and gave the company the sole and exclusive right to mine as well as recover diamonds over areas it had initially targeted, including 657.71 hectares of the project’s total area of 5,888 hectares.
“With the mining right in place, we look forward to advancing the project to the next stages of development, and in so doing create value for all stakeholders while creating new direct and indirect jobs that contribute to the socio-economic development of the Limpopo region and South Africa in general,” said Diamcor chief executive Dean Taylor.
Meanwhile, the company said it had also submitted an application for a mining right over the remaining areas of the project.
The project is located directly adjacent to De Beers’ flagship Venetia diamond mine. Diamcor acquired the project from De Beers in 2011 following an extensive competitive proposal and review process that commenced in 2008.
The company had entered into a long-term strategic alliance, inclusive of supply and financing components, with world famous premier luxury jewellery and specialty retailer, Tiffany & Co.
To this date Diamcor had also financed, developed and completed the design, construction and installation of extensive infrastructure at the project.
The near-surface nature of the deposits provided the potential for a low-cost mining operation with near-term diamond production from a known high-quality diamond source, said Diamcor.

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