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SOUTH AFRICAN JEWELLERY NEWS
The industry's only trade journalThe industry's only trade journal
R36.00 (incl VAT)
APR
IL 2
015
Metal Concentrators celebrates 25 years SA’s power crisis and its effect on the industry Attendance up in Hong Kong
SA JEWELLERY NEWS – APRIL 2015
The views expressed in this publication are not necessarily those of the owners and the Diamond and Jewellery Federation of South Africa, its members, the publisher or its agents. While every effort has been made to ensure the accuracy of its contents, neither the owners and the Diamond and Jewellery Federation of South Africa, the editor nor the publisher can be held responsible for any omissions or errors; or for any misfortune, injury or damages which may arise therefrom. The same applies to all advertising. SA Jewellery News© 2015. All rights reserved. No part of this magazine may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or any information storage retrieval system, without prior written permission from the publishers. ISSN 1817-5333.
Offi cial Journal of the Diamond and Jewellery Federation of South Africa. Website: www.jewellery.org.za
Banking Details: Isikhova Publishing & Communications CCBank: Standard Bank, Sandton, South AfricaBranch Code: 01-92-05Current Account Number: 4209 6822 9
Editor: Adri Viviers
Tel: +27 (0)11 883-4627 Cell: 084-261-1805
E-mail: [email protected]
Watch Editor: Alice Weil
Tel: +27 (0)11 880-1680 Cell: 083-266-9182
E-mail: [email protected]
Advertising Sales: Tanja Jordaan
Cell: 083-268-6153
E-mail: [email protected]
Advertising Sales Representative (India):
Bhupal Potdar
Cell: 91-982-115-1035
Email: [email protected]
Advertising Sales Representative (Hong Kong):
Maud Errera
E-mail: [email protected]
Designer: Joanne Brook
Copy Editor: Anne Phillips
Subscriptions & Accounts: Thuli Majola
Tel: +27 (0)11 883-4627 Fax: +27 (0)11 783-2677
E-mail: [email protected]
Distribution: Ruth Dlamini and
Direct Marketing Solution
SA Jewellery News is published by:
Isikhova Publishing & Communications CC,
PO Box 651793, Benmore, 2010,
Johannesburg, South Africa.
27 Panners Lane, Riverclub, Sandton, South Africa.
Website: www.isikhova.co.za
Chief Executive Offi cer: Andrew Meyer
E-mail: [email protected]
Chief Financial Offi cer: Imraan Mahomed
E-mail: [email protected]
Printing: Colors
16. international fairAttendance up in Hong Kong
18. branD historyWe trace the history of Ball Watches
21. scene arounDMetal Concentrators celebrated its 25th anniversary with a chic gala dinner at the ballroom of the Michelangelo Hotel in Sandton, Johannesburg, on 21 March
23. Jewellex africa 2015Jo Dallamore, Managing Partner of Intercolour Gems, believes shows such as Jewellex provide a focused, one-stop shop to benefi t buyers and sellers alike
15. Power crisisSA’s power crisis and its effect on the precious metals sector
Metal Concentrators is a leading precious metals refi ner and distributor of gold,
silver, platinum and palladium grain, alloys and minted bars. The casting division offers
rapid prototyping and trade casting in precious metals. Call for diamonds, Kruger Rands
and medallions. For more information, contact Metal Concentrators on tel: Pretoria:
(012) 000-4440; Cape Town: (021) 510-0770; Durban: 083-600-2210; Mauritius:
+(230) 283-3861 or e-mail: [email protected]. Website: www.metcon.co.za.
on the coverSOUTH AFRICAN JEWELLERY NEWS
The industry's only trade journalThe industry's only trade journal
R36.00 (incl VAT)
APR
IL 2
015
Metal Concentrators celebrates 25 years SA’s power crisis and its effect on the industry Attendance up in Hong Kong
c ntents
28. little gemsThe story of a road
24. branD management• Breitling: The aviation connection
• Famous check design extended to timepieces
• Morellato – it’s all about the quality
• Pandora: Dazzling, darling daisies
• Inspired by historic chronometer
7. news• Jewel City and Diamond Centre likely to move
• De Beers hosts synthetic detection seminars
• Positive ambience at IIJS Signature 2015
• CIBJO commission’s special report released
• Antwerp Diamond Pavilion dominates at event
• Sotheby’s to offer 100ct emerald- cut diamond
NEWS
The Gem & Jewellery Export Promotion Council
(GJEPC) officially inaugurated its eighth edition
of Signature from 20-23 February at the
Bombay Exhibition Centre (NSE Complex) in
Mumbai. Over 580 exhibitors participated this
year, with over 1 100 booths spread over the
30 000 m2 venue. The event attracted more
than 7 000 national and international visitors.
It was inaugurated by chief guest, Andrey
Polyakov, Vice-president of Alrosa, Russia.
Speaking at the event, GJEPC Chairman
Vipul Shah said: “There’s widespread
optimism that good times are ahead. The
government has shown foresight and vision
in supporting our industry, with plans for a
special diamond import and trading zone.
We must use the opportunity to ensure that
India truly becomes a global hub for gems
and jewellery.
“A show like Signature not only supports
the growth of the gem and jewellery industry,
but also elevates it to higher levels of sophis-
tication. Every year, we observe improvements
in the design and quality of the products. And
the retail sector from all parts of the country
flocks to Signature in greater numbers to pur-
chase stock for increasingly demanding cus-
tomers. Both the buyers and sellers are grate-
ful that the show provides greater efficiencies
in sourcing. The jewellery events organised
by the council, such as the mega-India Inter-
national Jewellery Show, Signature, the India
International Jewellery Week and the India
Gem & Jewellery Machine Expo, have provided
useful platforms for the industry to grow and
collectively raise the bar in terms of quality,
design and business practices.”
A key highlight of Signature 2015 was an
online buyer matching programme which al-
lowed participating exhibitors to screen other
exhibitors beforehand, get automatic matches
to their requirements from the uploaded pro-
files and send enquiries ahead of the event in
order to schedule appointments.
Another highlight was the Signature mobile
app, which enabled participants and visitors to
seek stalls of various traders and display the
closest route to them.
Positive ambience at iiJs signature 2015
Gemological Science International (GSI), one of
the largest independently owned gemmological
laboratories in the world, has announced that
its Botswana laboratory is the first in Africa
to use DiaMension Axiom, Sarione’s next-
generation, high-tech scanner for measuring
and modelling polished diamonds.
Debbie Azar, Executive Vice-president of
GSI, says: “We’re proud to be the first user of
the DiaMension Axiom. With its introduction,
we can now detect the tiniest attributes and
features of a diamond, such as facets pointing
down to a micronic level of accuracy.”
The DiaMension Axiom is the only scanner
that enables fully automated cut and symmetry
grading. Such innovative technology breaches
the boundaries of the old shadow modelling
concept and limitations.
Uzi Levami, CEO of Sarine, says: “After 25
years of 3D modelling based on shadows, the
revolutionary DiaMension Axiom enables in-
light direct modelling of real-time microscopic
analysis, detecting the tiniest imperfections of
a diamond, such as facet junctions.”
gsi botswana first to utilise sarine axiom in africa
NEWS
Exclusively available from Something SpecialTEL: 011 544 1500 • FAX: 011 643 4987 • EMAIL: info@something special.co.za • www.somethingspecial.co.za
EXCITING BABY RANGE
Exclusively available from Something Specialinfo@something special.co.za • www.somethingspecial.co.za
STOCKIST
OPPORTUNITIES
AVAILABLE
The De Beers Group of Companies has
announced that its International Institute of
Diamond Grading & Research (IIDGR) business
ran synthetic detection symposiums around
India to demonstrate its technology to all
elements of the Indian diamond community.
The IIDGR team, led by the institute’s
Commercial Director, Jamie Clark, were at the
Bharat Diamond Bourse in Mumbai on 16 and
17 February, before travelling to the Gateway
Hotel Athwalines in Surat. Attendees gained
a better understanding of how the detection
technologies work and the role they play in
supporting consumer confidence in diamonds.
De beers hosts synthetic Detection seminars The IIDGR markets a range of leading
detection instruments that play a vital role in
giving diamantaires confidence in their own
inventory. This, in turn, enables them to provide
reassurance to their customers. The institute is
also in the process of establishing a referrals
centre at its Surat laboratory which will provide
a lower-cost option for testing stones referred
by detection instruments.
Jonathan Kendall, IIDGR’s President, says:
“Diamond businesses must be proactive in
managing risks related to undisclosed synthet-
ics and we believe these symposiums play an
important role in helping them do this.”
raPaPort inDia aPPoints new mDHarsh Parekh has been appointed the new
Managing Director of Rapaport India. A 15-
year veteran of India’s diamond industry, he
previously worked in jewellery merchandising
for Wal-Mart and most recently directed buy-
ing operations for the Zale Corporation in In-
dia. Rapaport India, with offices in Mumbai and
Surat, employs 68 team members who support
Rapaport, RapNet, GIA LabDirect, Information,
Research & Trading Services. “Harsh shares our
company values and will play an important role
in expanding Rapaport India,” says Martin Ra-
paport, Chairman of the Rapaport Group.
Rumours have been circulating about the sale
of the building currently housing the diamond
and jewellery fraternity in downtown Johan-
nesburg, namely Jewel City and Diamond Cen-
tre. Based on this, the industry has been inves-
tigating available options, since it is key to keep
the industry together in a secure zone, as is the
practice around the world.
A number of years ago, a presentation was
made by developers hoping to secure enough
support from the industry to develop a new
centre for the jewellery and diamond sector.
At that time, support did not justify the in-
vestment from the developers and the project
never got off the ground. Currently the situa-
tion seems more urgent, although the building
has not yet been sold. The managing agents of
the current premises are only extending short-
term (three-year) contracts to tenants and
most believe a move within the next three to
five years is a distinct possibility.
A presentation was given at the end of
February to Jewel City and Diamond Centre
tenants, while industry members from The
Hamlet were also invited to attend. The pres-
entation was very well attended, with approxi-
mately 170 people present. The developer
showed plans and concepts for a development
in Illovo. The next step will be for the consor-
tium proposing the new hub to get agreement
from enough players in the industry to ensure
sufficient support exists for it. This process is
currently underway.
Jewel city anD DiamonD centre likely to move
SA JEWELLERY NEWS – APRIL 2015
With the launch of a dedicated website at
www.latamdiamondweek.com, registration has
formally opened for the grand opening of the
Phase I building at the World Jewellery Hub trad-
ing complex in Panama City’s exclusive Santa
Maria business district. Scheduled to take place
from 27-30 April 2015, the event will feature the
first Latin America Diamond & Jewellery Week at
the Panama Diamond Exchange, with diamond
suppliers and jewellers arriving from across the
region and the world.
The website also enables participants to
register for Buyers’ Week and to book at the
event’s official hotel, the prestigious Trump
Ocean Club International Hotel & Towers,
which is offering participants a package of dis-
counted rates. Registered attendees travelling
to Panama from the Americas can book flight
tickets with Copa Airlines at 15% below the
regular price by providing a booking code sup-
plied on the website.
The Buyers’ Week is being co-hosted by
key Latin American jewellery associations Cá-
mara de Joyería Jalisco from Mexico, Instituto
Brasileiro de Gemas e Metais Preciosos and
Joya Cruz from Bolivia. Also co-hosting are the
World Federation of Diamond Bourses, CIBJO
(the World Jewellery Confederation), India’s
Gem & Jewellery Export Promotion Council,
the Israel Diamond Exchange, the Antwerp
Diamond Bourse, the Diamond Dealers Club of
New York, Fiera di Vicenza of Italy and the Insti-
tuto Gemológico Español of Spain.
The Latin America Diamond & Jewellery
Week will feature a variety of jewellery and loose
gemstones and will be one of the most signifi-
cant diamond and jewellery trade events ever to
have been held on that continent, with millions
of dollars worth of goods available for sale.
Another highlight of the week will be the
unveiling of the Phase II building of the World
Jewellery Hub, with construction beginning
later this year and a finish date scheduled for
2017. It includes a tower in its base, where
the offices and trading floor of the Panama
Diamond Exchange will be located, along with
high-end retail jewellery stores, a luxury com-
mercial centre, banks, specialised support ser-
vices and restaurants.
All available office space in Phase I of the
World Jewellery Hub, which is complete and
has been operating since the beginning of this
year, has already been allocated and there is a
long list of companies waiting for vacancies.
registration oPens for PDe granD oPening anD latin american DiamonD & Jewellery week
A joint venture has been brokered between the
parent company of the Fossil group of fashion
watches and the brand’s former South African
distributors, S Keren & Co.
Fossil (BV) Netherlands, the European subsid-
iary of Fossil Inc USA, has acquired a 51% hold-
ing in the Cape Town-based business, with the
remaining 49% to be held by Avi Keren. “This is
something we always felt was a natural match
for Fossil, the brand we’ve represented in SA for
23 years. It was like a homecoming,” says Keren.
The new venture will now be named Fossil
Accessories SA (Pty) Ltd, with Keren remaining
as Managing Director. The new venture will
only represent the numerous Fossil brands,
with the exception of Swiss brand Mondaine.
new Deal for fossil
“Almost all the brands of which we’ve been
distributors are Fossil brands, either owned or
licensed by the Fossil Group,” explains Keren.
These include Skagen, Michele, Zodiac, Michael
Kors, Emporio Armani, Burberry, Marc by
Marc Jacobs, Diesel, Armani Exchange, DKNY,
Adidas, Karl Lagerveld, Tony Burch and the
recently acquired Kate Spade.
Fossil is the largest contributor to the
South African business, reports Keren and the
company has on site all the expertise necessary
for its optimum operation. There is no plan for
any American or European personnel to move
to the local office. Fossil originated in Dallas,
Texas in 1984 and has grown to be the largest
fashion watch company in the world, with over
US$3,5 billion sales and 16 000 employees
worldwide. The company is quoted on the
Netherlands stock exchange.
Keren is upbeat about the joint venture: “We
believe this has enabled us to take the business
to the next level. Our focus is not merely on SA,
but also on sub-Saharan Africa, which we cover
too,” he comments. “We plan to be the leading
fashion watch company in SA. With our world-
class brands, Fossil’s support and the expertise
of our local team, we’re confident of expanding
our position as market leaders.”
SA JEWELLERY NEWS – APRIL 2015
The Panama Diamond Exchange (PDE), the only recognised diamond bourse
in Latin America, will celebrate the grand opening of the phase I building
of its dedicated trading complex from 27-30 April 2015. The event will be
highlighted by a buyers’ week on PDE’s new 300 m2 trading floor.
The Latin America Diamond & Jewellery Week will feature a variety
of jewellery and loose gemstones and will be one of the most significant
diamond and jewellery trade events ever to have been held in this region,
with millions of US dollars' worth of goods for sale.
The buyers’ week is being co-hosted by key Latin American jewellery
associations Cámara de Joyería Jalisco from Mexico and Instituto Brasileiro
de Gemas e Metais Preciosos from Brazil. Also co-hosting are the World
Federation of Diamond Bourses, CIBJO-The World Jewelry Confederation,
India’s Gem & Jewellery Export Promotion Council, the Israel Diamond
Exchange, the Antwerp Diamond Bourse, Diamond Dealers Club of New
York and Fiera di Vicenza of Italy.
While the grand opening has yet to be formally celebrated, PDE’s phase
I building is already fully operational, with trading underway and all import
and export services up and running. The building already counts among
its residents 45 multi-national firms, including 14 of the world’s largest
diamond and jewellery trading corporations, which together employ
85 000 people globally and report combined annual revenues of more
than US$13 billion.
The building is located in a Free Zone, which was established by an Act
of the Panamanian Parliament for the benefit of the international gem and
jewellery trade, and exempts transactions conducted within its area from
payments of customs duties and taxes.
PDe to oPen Phase i builDing
CIBJO, the World Jewellery Confederation and Fiera di Vicenza have
launched the jewellery industry’s first web-based corporate social
responsibility (CSR) compliance system at the VicenzaOro show in Vicenza,
Italy. The system was developed by Branded Trust Assurance Systems.
The launch took place on 25 January in Pavilion 7.1 and was followed
by a seminar entitled “Social Responsibility as the New Reality: Best
Practice Initiatives, Tools and Business Success”.
The CIBJO-Fiera di Vicenza CSR system is geared to provide practical and
economic solutions to all companies in the industry seeking to achieve so-
cial compliance, develop risk management policies and do social reporting.
Managed online, the Branded Trust system provides simple, effective
tools that are easily managed, integrate with existing systems and bring
leading businesses into compliance with major international rules. The
first tool is a web-based management system that can be implemented
across an organisation. It encompasses a set of policies, measures, full
implementation support, education and reporting. Branded Trust provides
certification to businesses that have achieved successful implementation.
The second tool is a system which allows certified businesses to
participate in the ethical market. This not only provides supply-chain
transparency and product differentiation, but reduces business risks
associated with markets.
Branded Trust, which was presented last year at the United Nations in
New York, is the outcome of an extended research partnership between
a team of researchers, business leaders and industry associations, which
led to the development of effective methods for improving business
performance by combining outstanding management practice with social
responsibility principles.
launch of first web-baseD csr comPliance system
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SA JEWELLERY NEWS – APRIL 2015
NEWS
antwerP DiamonD Pavilion Dominates at eventFrom 2-6 March 2015, the Antwerp World Dia-
mond Centre (AWDC) hosted 109 leading dia-
mond traders in the Antwerp Diamond Pavilion
at the 2015 Hong Kong Diamond, Gem & Pearl
Show. It was the second year the traditional
Hong Kong March fair has featured a separate
loose stone venue. In its first year, the show at-
tracted over 32 000 professional buyers from
around the world, marking its emergence as one
of the most successful shows in the industry.
Considering that Hong Kong remains a key
destination in the world for polished diamonds,
this show is extremely important to Antwerp
diamond companies. Representatives from
businesses of all sizes saw a tremendous variety
of loose stones on display at an extremely
favourable price/quality ratio.
Although the Chinese government has
lowered its growth expectations for 2015 to 7%
and the Chinese New Year had just ended, the
show provided an ideal opportunity to maintain
good relations and establish new contacts.
Santosh Kedia from Kediam said: “If you
can offer customers attractive prices and have
the right contacts, the Hong Kong Trade Fair in
March is still a great platform for doing business.”
Mike Akiki from Antwerp Cut, specialist in fancy
coloured diamonds, added: “Potential buyers
don’t come here specifically to replenish their
stocks, but to make the right contacts so that
they immediately know who to talk to when
they need a customised order.”
Despite the less favourable economic outlook
for the coming year, Hong Kong remains one of
the premier marketplaces for diamantaires. With
the Chinese market for diamonds expected to
double in the next 10 years, Antwerp diaman-
taires want to have their networks in place.
AWDC is an industry-established founda-
tion whose mission is to serve and support the
diamond business in the city, the world’s most
important diamond trade hub. As the co-ordi-
nating body and official representative of the
Antwerp diamond sector, the foundation is
recognised internationally as the host, mouth-
piece and intermediary for the Belgian diamond
community. In this capacity, it liaises with gov-
ernments and actively promotes support for the
diamond sector at home and abroad.
Eighty-four percent of all rough diamonds
and 50% of all polished diamonds pass through
Antwerp. Diamonds represent 5% of total
Belgian exports and 15% of all Belgian exports
outside the European Union.
TEL: 011 011 9110 | EMAIL: [email protected]
cibJo commission’s sPecial rePort releaseDWith the opening of the 2015 CIBJO Congress
in Salvador, Brazil, scheduled for 4 May 2015,
the first of the special reports from the CIBJO
Marketing & Education Commission (headed by
Jonathan Kendall) has been released. The report
urges the jewellery and gemstone industries
not to fall behind other business sectors in
adopting positive environmental policies.
The upcoming CIBJO Congress will be
carbon-neutral, notes Kendall, likely making it
the first-ever jewellery industry conference or
trade show to achieve this status. He has also
announced the launch in Brazil of the CIBJO
Climate Leadership Awards, which will focus
on recognising jewellery and gemstone trade
organisations or individuals showing leadership
in response to climate change.
“Research has shown that consumers make
choices between product categories and today
the jewellery industry’s competition comes from
products such as smartphones and computers. All
these industries have made significant progress
with regard to the environment. We don’t wish
to see our industry left behind,” writes Kendall.
The Rough Diamond Days which took place
at the end of February in the Antwerpsche
Diamantkring was once again well attended. Some 65 exhibitors traded a
significant number of rough diamonds to national and international dealers.
In 2014, US$58,8 billion worth of diamonds were imported to and
exported from Antwerp. Given that 84% of all rough diamonds and 50%
of all polished diamonds pass through the city, it remains the ideal place to
purchase stones at the best price/quality ratio.
Nevertheless, these are difficult days in the international diamond
trade. The prices of rough diamonds are extremely high, while the prices
for polished diamonds have not followed, forcing many dealers to sell at
no profit, or even incur a loss.
Freddy Inzlicht, organiser and Chairman of the Antwerpsche
Diamantkring, says: “A wide range of rough diamonds were on offer
during this two-day trading event, so everyone could find what they were
looking for. Above all, the personal contacts boosted confidence, which is
something many dealers need in these difficult times.”
The Antwerpsche Diamantkring is the only trade fair in the world
specialising in rough diamonds. Organising the Rough Diamond Days in
the wake of the so-called “sighting week” enables contact to be made
easily with rough diamond dealers. Major mining manufacturers organise
sighting days to present their offerings of rough stones.
The fair attracted more than 2 500 potential buyers. In addition to the
many Belgian diamond traders, a large number of foreign delegations were
from India, the USA and Israel.
rough DiamonD traDe fair well attenDeD
15SA JEWELLERY NEWS – APRIL 2015
POWER CRISIS
load-shedding and the impact of the ongoing power crisis on sa’s mining and metal extracting sectors featured high on the agenda during the 2015 africa mining indaba. industry leaders, including peripheral players such as precious metal refiners, are worried and are hoping for a sustainable solution.
AS SOUTH AFRICAnS ARE SUBJECTED TO
load-shedding and an insecure energy supply,
the 20th Investing in Africa Mining Indaba
recently opened its doors to over 7 000
business leaders, investors, mining experts and
politicians from all corners of the planet.
While the event, known as the world’s
largest mining and investment gathering, was
dominated by distinct optimism, particularly in
relation to the ongoing recovery of the global
economy, there was apprehension too, says
Bernard Stern, CEO and co-founder of Metal
Concentrators (MetCon), SA’s largest inde-
pendent precious metal refinery. He adds that
various speakers voiced their concerns about
Africa’s overall energy shortages and the im-
pact of this on mining activities.
Figures by the World Bank, for instance,
showed that 1-3 Gigawatts (GW) of electricity
are installed in Africa each year. Stern says this
is a fraction of the 6-7 GW of newly-installed
power capacity the continent needs per annum
in order to achieve universal access to electricity
by the year 2030.
“Investors are worried and a big concern
among them has to do with power,” said Credit
Suisse mining analyst Justin Froneman during
the Mining Indaba’s first day. “There’s a dire
need to grow mining production across Africa,
but this requires more energy. The question is
where this power base comes from.”
“Over the past years, SA’s natural resource
output has dropped. Gold was no exception,”
There’s a dire need to grow mining production across Africa, but this requires more energy. The question is where this power base comes from.
says Stern. “According to recent statistics from
the Chamber of Mines, our country’s gold pro-
duction fell by over 50% over the past eight
years, from 226,105 kg of fine gold in 2007 to
146,473 kg in 2013.”
While there are many reasons
for this decline, energy insecu-
rity is undoubtedly one of the
most important ones. “In January
2008 alone, the month which
heralded the start of our power
crisis, gold production in SA fell
by 16,5%,” Stern said. “SA’s gold
output for the entire first quarter
of 2008 declined by 17% com-
pared with the same period the
year before. This can be attrib-
uted directly to our energy problems.”
While load-shedding slowly subsided and
was put in abeyance for a while, it has now
reared its ugly head again. “It’s important to
realise that the energy crisis has never gone
away – and it won’t go away anytime soon,”
says Stern.
He adds that although the energy crisis
has hit gold producers and other mining
companies, in particular, peripheral players
are equally concerned. “We need power,
whether it’s to produce gold, refine it or turn
it into, for instance, jewellery, Kruger Rands or
minted gold bars,” he says. “During the past
few months, we’ve had numerous incidents of
load-shedding. Our timeous investment in a
diesel generator has rescued our productivity,
albeit at a substantial cost. It’s crucial for
Eskom and the Department of Energy to find
a sustainable solution to ensure the future of
gold mining and the subsequent
beneficiation of our precious
metals. SA’s natural resource
industry, as well as upstream
and downstream operations, are
massive drivers of the economy
and important job creators too. If
mining has a hard time, everyone
else has a hard time too.
“The nuclear deal with Russia
might be controversial, but it’s
good news in terms of energy
security,” Stern adds, explaining
that in the long run, this will provide SA with
a stable supply of energy. “The problem is
that it will take many years before these new
power plants start pumping energy into the
energy grid,” he stresses. “We need some-
thing in the interim to keep our country’s
economy going.”
(Above): Bernard Stern of Metal Concentrators.
SA’s power crisis and its effect on the precious metals sector
16 SA JEWELLERY NEWS – APRIL 2015
INTERNATIONAL FAIR
under the “two shows, two venues” arrangement for a second successive year, the hong kong international Diamond, gem & Pearl show and the hong kong international Jewellery show welcomed over 76 000 buyers from 140 countries and regions, up 2% over last year.
Attendance up in Hothe growth potential of Hong Kong’s and the
Chinese mainland’s jewellery markets, with
most of them considering the Chinese main-
land a key market to explore.
In terms of product materials, the majority
of buyers and exhibitors interviewed expect
carat gold to be the most popular in 2015,
including gold-carat white (48%), gold-carat
yellow (32%) and gold-carat rose (33%). They
also predict that diamonds (50%) will be the
most popular gemstone this year, and 1ct
(48%), round-cut (45%) and colourless (41%)
diamonds will lead the market.
The majority of respondents consider jewel-
lery shows in Hong Kong effective. Ninety-one
percent of buyers and 93% of exhibitors con-
sider Hong Kong’s fairs a major channel to find
NEARLY 30 000 BUYERS VISITED THE DIA-
mond, Gem & Pearl Show at AsiaWorld-Expo
(2-6 March), while over 46 000 visitors attend-
ed the Jewellery Show at the Hong Kong Con-
vention & Exhibition Centre (4-8 March). Both
events were organised by the Hong Kong Trade
Development Council (HKTDC).
“Despite the global economic challenge, the
two shows recorded a slight increase in buyer
attendance. It’s a very encouraging result.
Attendance from some traditional markets even
recorded double-digit percentage growth, such
as the USA, Italy, the UK and Japan. Attendance
from certain emerging markets such as
Thailand, Israel and SA also recorded significant
growth, reinforcing Hong Kong’s position as a
leading jewellery sourcing hub,” says Benjamin
Chau, HKTDC Deputy Executive Director.
The HKTDC commissioned an independent
agency to conduct on-site surveys during the
two shows, interviewing 1 206 buyers and ex-
hibitors about their views on market prospects,
products and industry trends. The survey found
that around 80% of buyers expect steady or
increased overall sales this year. Over 60% of
buyers and exhibitors expect retail prices to
remain steady in order to remain competitive.
Both buyers and exhibitors are optimistic about
17SA JEWELLERY NEWS – APRIL 2015
INTERNATIONAL FAIR
More than 4 360 exhibitors from 52 countries and regions took part in the two shows, setting a new record and ensuring the event’s continued status as the world’s largest jewellery marketplace.
Hong Kong
of Cambodia’s Chheng Hak Stone Diamond,
notes that Cambodian consumers prefer high-
end jewellery set with large diamonds as a sign
of their wealth and status. “We looked for big
diamonds, pearls, vintage diamond jewellery
and uniquely designed jewellery at the two
shows,” he said. “The Hong Kong International
Jewellery Show is huge, where buyers can find
what they need.”
Amid the economic uncertainties in Eu-
rope, there were some pleasant surprises at
the fair. The Italian Jewellery Silverware &
Watch Federation’s Chief Executive, Steven
Tranquilli, said at the event that the Italian re-
tail market is recovering and consumers are fa-
vouring medium- to high-end jewellery items.
“The federation will organise a delegation
of about 50 Italian retailers to visit the two
shows again next year,” he said.
More than 4 360 exhibitors from 52 coun-
tries and regions took part in the two shows,
setting a new record and ensuring the event’s
continued status as the world’s largest jewel-
lery marketplace. Most exhibitors said Hong
Kong’s position as an international jewellery
trading hub helps them enter Asian markets.
This year, the Diamond,
Gem & Pearl Show intro-
duced the new “Treasures
of Ocean” zone to show-
case exquisite pearls. Many
exhibitors revealed
that there is a big demand for
high-quality pearls on the Chi-
nese mainland. Jose Casares,
the Director of Switzerland’s
Shanghai Gems SA, a pearl
wholesaler, says Chinese
mainland customers were
particularly interested in natu-
ral, top-grade pearls, and this
will help his company’s growth in
the Chinese mainland market. Alain Boite,
the President of Alain Boite SAS from France,
is also optimistic about Asia’s emerging mar-
kets and was grateful for the opportunity to
reach international buyers through the events.
“We did good business at the shows this year.
Many customers approached us to buy all sorts
of pearls in different sizes. We met some new
buyers from the Chinese mainland, Hong Kong
and Indonesia as well, and their demand for
gold pearls is especially strong,” he said.
Japan’s JETRO also gathered nearly 100 Jap-
anese companies to exhibit at the Hong Kong
International Diamond, Gem & Pearl Show. The
President of Japan Pearl Exporters, Yoshihiro
Shimizu, was particularly complimentary about
the show’s good traffic and active trades.
Besides the pearls featured at the Australia
pavilion, the country’s opals were also very
well received. Andrew Cody, the Di-
rector of Cody Opal (Australia)
and head of the 11-company-
strong Australian delegation
at the events, says: “The
buyers’ feedback was 50%
above our expectations.
There’s a particularly strong
demand for black opals be-
cause of their rarity. We met
many Chinese mainland customers
who are looking for high-end loose opals
and we’ve successfully closed deals with them.”
First-time British exhibitor Moira Fine Jewel-
lery had a booth at the Jewellery Show’s Hall
of Extraordinary, Antique & Vintage Jewellery
Galleria. The company’s owner, Suzanne Laud-
er, says European jewellery sales have slowed
down in recent years, but the show helped her
company reach more international buyers and
discover Chinese mainland clients.
Hong Kong’s exhibitors have also benefited
from the rise in buyers. Cherry Chong, the
Manager of diamond and jewellery retailer Lili
Jewelry, says the company’s handmade jewellery
is rare in the market. Its products have been very
well received by European and Indian buyers and
some even placed their orders on site.
new suppliers, while 79% of exhibitors consider
the fairs a key avenue to promote new products.
The majority of respondents said the twin Hong
Kong fairs are their must-attend trade show.
Buyers from the USA have continued to
surge. The US Jewelry Importers & Manufactur-
ers’ Association organised 10 jewellery compa-
nies to visit the Hong Kong International Dia-
mond, Gem & Pearl Show to buy diamonds and
coloured stones. The Association’s President,
Dagbjorn Johnson, considers the shows well or-
ganised and conducive to stone-sourcing. Adri-
enne Dequarto, the Director of Catalog Mer-
chandising of Luxury Brand Holdings, which is
also based in the USA, stresses that the shows
are important because they facilitate sourcing
for the upcoming seasons and preview new
trends, adding: “We fixed 50 appointments
through HKTDC’s business matching service
before going to the show and we’d already
bought samples for all our product lines.”
The purchasing power of the emerging
markets should also not be ignored. Ayman
MN Al Chaar, the owner of UAE-based Samer
Jewellery, says he placed on-site orders worth
more than US$300 000. San Seyho, the Director
18 SA JEWELLERY NEWS – APRIL 2015
BRAND HISTORY
THE RAILROAD IS COnSIDERED An AMERICAn
icon which helped to consolidate the country
and united it through a web of steel. The whistle
of the locomotive across the countryside was
a symbol of freedom of movement before the
advent of the automobile.
After the Ohio disaster, which occurred
because one of the engineers’ watches had
stopped, it became apparent that stringent
regulations were required to ensure such a
tragic event did not recur. Webster Clay Ball,
who – after a two-year apprenticeship to a
jeweller – had opened a jewellery shop in
Cleveland, Ohio, was commissioned by the
railway officials as Chief Time Inspector in 1891.
His duties were to establish strict standards for
all watches used by railroad employees.
Ball, as one of the pioneers of rail timing,
was instrumental in establishing these precision
standards, as well as a timepiece system for
railroad chronometers. In fact, in 1973 this
inspired the establishment of the Swiss Society
of Chronometry’s (COSC) own chronometric
certification standards, which still apply today.
And so Ball’s original jewellery business
evolved into the Ball Watch Company, which
followed strict guidelines for the manufacture
of a sturdy, reliable precision timepiece. At first
he utilised other watch companies’ movements
and perfected them. His company also used
complete watches from other companies. His
suppliers were top American companies Elgin,
Hamilton, Waltham and additional sources such
as Swiss mechanical movements from Audemars
Piguet, Longines and Vacheron Constantin.
It was obvious that as railroads involve
movement, the authorities required a set of rules
as well as the physical equipment to enforce
them. In the UK, for example, the Regulation of
Railways Act had already been passed in 1889,
introducing a set of requirements implementing
safety measures, as a result of a serious rail
accident in that country.
Railway signalling is a system designed to
safely direct rail traffic in order to prevent trains
from colliding. Trains travel on rails which are
fixed, making them susceptible to collisions un-
less their movements are controlled. This is even
more important when trains are running on a
single track, as happened in the Ohio disaster.
Ball’s original jewellery business evolved into the Ball Watch Company, which followed strict guidelines for the manufacture of a sturdy, reliable precision timepiece.
to a large degree, the development of the watch industry in america is attributable to the installation of the country’s first railroads, which opened up the west. a head-on collision between two trains in the state of ohio in 1889, in which eight people lost their lives, stressed the need for accuracy and promptness in train timetables. we trace the history of ball watches – the american brand which was among the first to react to these changes towards the end of the 19th century.
On the Ball
Essential to this was the need for highly accurate
timing. Before the train had gained momentum
– a factor which made it difficult to halt, before
reaching an impending obstacle – an authority
was needed to control its movements.
Enter the signalling system and the station
master, who were responsible for the train
control of a particular section of the railroad.
This system needs to be run according to an
exact timetable, making precision timekeeping
a necessity. Another problem relating to the
inflexibility of the system was that trains could
not be delayed without advance notice. The
timetable was the normal mode of operation in
the early days of the railroads of North America.
The company’s links with Switzerland even-
tually encouraged management to move its
headquarters and workshops to the watch-
making town of La Chaux-de-Fonds in the
Canton of Neuchâtel – an advantageous move
because of its access to sophisticated industry
requirements and skilled personnel. This has
entitled the brand to be identified as “Swiss-
made”, while preserving its American origins.
Interestingly, the brand is credited with being
the inspiration for the phrase “to be on the
ball”, which means being absolutely precise.
Ball’s innovations and creativity are the
foundation and cornerstones of its corporate
mission. “Accuracy under adverse conditions”
is its credo – in the tradition of its founder.
Ball aspired to manufacture the most accurate
mechanical watches on the planet and today
claims that it is setting standards for accuracy.
The timepieces are equipped with self-powered
micro-gas light technology, which illuminates
brightly for up to 25 years. Other innovations
include the 7,500 force shock absorber and a
patented crown protector.
21SA JEWELLERY NEWS – APRIL 2015
SCENE AROUND
LEADIng SA REFInERy METAL COnCEnTRA-
tors celebrated its 25th anniversary with a chic
gala dinner at the ballroom of the Michelangelo
Hotel in Sandton, Johannesburg, on 21 March.
Industry members and friends joined owners
Bernard and Hilary Stern for an evening marked
by elegant ballgowns, sumptuous food and
beautiful décor.
aroundScene
22 SA JEWELLERY NEWS – APRIL 2015
DID YOU KNOW?
Interesting facts
• For your weekly dose of interesting industry-related facts,
visit: www.facebook.com/pages/SAJN/508328912586722 and “like” the SAJN Facebook page.
The colour of gold has always been pure yellow. It changes its hues when mixed with various metals to create jewellery. In fact, it is quite rare to see a piece of
jewellery that’s crafted using pure gold.
1 2
The Federal Reserve Bank of New York holds the world’s largest accumulation of
monetary gold. The vault is 25 metres beneath the street and holds US$147 billion
worth of gold bullion.
3
Oils or paraffin are typically added to emeralds to enhance the clarity of the stone. The process masks some of the
inclusions and allows the beautiful emerald colour to shine through.
The Heart of the Ocean, from James Cameron’s Titanic, was not completely
fictitious – it is believed that a rather large sapphire went down with the Titanic on
that fateful night.
4
If you put a diamond on your tongue, your tongue will start to get
cooler. A diamond is the best conductor of heat, so it’s as if the stone sucks all
the heat from your tongue.
6
The word “bracelet” comes from the Latin brachiale, meaning “belonging to the arm”.
5
In 1953, when Sir Edmund Hillary was the first man to conquer Mt Everest,
he was wearing a Rolex Oyster.
People in countries such as England, the United States of America, France and
Canada traditionally wear the engagement ring on the left hand. However, in
Germany, Russia and India, the ring is worn on the right hand.
7 8
Injectable gold has been proven to helpreduce pain and swelling in patients
suffering from tuberculosis and rheumatoid arthritis.
9
23SA JEWELLERY NEWS – APRIL 2015
JEWELLEX AFRICA 2015
A show like Jewellex rubber-stamps the confidence the Jewellery Council of South Africa has in the local industry.
Where networking is keyJo Dallamore, managing Partner of intercolour gems, believes shows such as Jewellex provide a focused, one-stop shop to benefit buyers and sellers alike.
How long have you been a part of Inter-
Colour Gems?
I’ve had the privilege of working at the company
since March 2003.
What do you enjoy most about working in
the jewellery industry in SA?
Dealing with well-cut, good-quality coloured
gemstones, as well as interacting with like-
minded people every day. Working in the
jewellery industry in South Africa has been a
challenging and inspirational journey. In trading
as a wholesaler to the industry, I’ve met highly
knowledgeable and wonderfully creative peo-
ple who continue to inspire me and I’ve learnt a
great deal from them.
The ongoing and loyal support of both our
clients and suppliers has allowed me to travel
the world in order to personally hand-pick the
best coloured gemstones at the right prices
for our market and also to be exposed to the
very latest cutting trends. Many of our clients
involve me in their creative process in terms of
stone selection, which is always fascinating. I
love seeing our stones in the finished product.
Why do you believe shows like Jewellex
are so vital?
A trade show like Jewellex provides an op-
portunity for people in the wholesale trade to
showcase the latest and best of their stock to a
potentially broader client base and to interact
with other stand-holders.
Jewellex provides a wonderful networking
opportunity for all participants. In a short space
of time, trade buyers can be educated and
source new stock in a protected environment
that’s conducive to trade. Specials are always
offered by stand-holders which appeal to
anyone who can’t resist a bargain, as well as to
buyers who may not be able to afford to buy at
the top end of the market.
A show like Jewellex rubber-stamps the
confidence that the Jewellery Council of SA
has in the local industry. Its marketing garners
national interest and a sense of excitement in
drawing all the main players in the industry
from all over the country and other parts of
the world to come together, under one roof,
for a few days.
How many times have you attended Jew-
ellex before?
Intercolour Gems has been a stand-holder at
the show for the past 10 years as both a buyer
and a seller.
Do you think Jewellex Africa 2015 will be
different from previous years?
I look forward with interest to this year’s event.
I’m very excited about a dedicated diamond
pavilion which will be showcased for the first
time – a new development for the show.
24 SA JEWELLERY NEWS – APRIL 2015
BRAND MANAGEMENT
inspired by historic chronometer
Dazzling, darling daisies
Swiss brand Zenith celebrates its 150th an-
niversary this year by introducing an excep-
tional mechanical timepiece – the Academy
Georges Favre-Jacot.
The special feature of this timepiece,
which has been inspired by the historic
marine chronometer, is that it uses the fusée
and chain system – which required great
expertise to transpose into the small space of
a wristwatch. The function of the device is
to compensate for the progressive reduction
in the fusée on the barrel as the power
reserve is discharged, as well as to maintain
perfect stability of the force, with no loss of
amplitude. In other words, the mainspring
transmits its energy to the fusée.
Adjusting variations in tension
ensures the regularity of the
force distributed to the
gear train and then to the
silicon escape wheel.
This timepiece is a me-
chanical, hand-wound, con-
stant-force calibre; the fusée
and chain connect the watch
to the barrel. It is a COSC-certi-
fi ed chronometer which vibrates
at 30 000 vibrations per hour. It has
737 parts, including 575 for the fuse
and 30 jewels, and is set in a 43-48
mm case of 18ct pink gold. The cam-
bered sapphire crystal on both sides
has anti-refl ective treatment. The
grained dial is silver-toned, the
barrel set between 10 and
11 o’clock and the fusée be-
tween 1 and 2 o’clock.
The watch is set on a
brown rubber-lined leather al-
ligator strap with an 18ct pink
gold folding clasp. This is a limited
edition of 150 pieces.
Zenith has occupied the same
premises in Le Locle since its establish-
ment in 1865.
the aviation connectionBreitling is the offi cial supplier to world aviation
and its new Chronoliner has been confi rmed
by the Contrôle Offi ciel Suisse des
Chronomètres (COSC – the Offi cial
Swiss Chronometer Testing Insti-
tute) as a chronometer.
Like all Breitling chronographs,
it upholds the brand’s long-
standing aeronautical tradi-
tion in a spirit that is both
modern and timeless. Its dis-
tinctive features are a broad,
high-tech, scratch-resistant
bezel with a star-shaped cut-
out to facilitate handling, as well
as white ceramic numbers which
provide optimum contrast.
The second time-zone is easily
read off via a red-tipped hand,
together with a 24-hour graduated
rotating bezel equipped with an ultra-
accurate ratcheted system. The black dial is
distinguished by its perfect readability, white
translucent oversized hour-markers and a
luminescent centre counter-hand standing out
against the black background.
Functions are date, hours, min-
utes, seconds, quarter-seconds and
a monophase chronograph with
30-minute totaliser and a 24-
hour time-zone display. The
48 mm case is polished steel,
the bi-directional ratcheted
bezel is black ceramic and
the cambered crystal has
anti-refl ective treatment on
both sides. It is mounted on
a black leather strap or the
brand’s Ocean Classic steel mesh
or a crocodile-leather strap. This
timepiece is water-resistant to 100 m.
The brand’s Transocean Chrono-
graph 1915 has a mechanical hand-
wound movement and is also COSC-
certifi ed as a chronometer. At a time when
chronographs had only one push-piece in
the crown, Breitling claims to have invented
the fi rst independent push-piece at 2 o’clock,
ensuring a better separation of functions,
as well as adapting more naturally to the us-
er’s hand. To celebrate the centenary of this
milestone – an invention that would change
the face of the modern chronograph – the
brand has introduced this re-designed model
in a limited series of 1 915 pieces, equipped
with a new hand-wound mechanical mono-
pusher movement featuring a double-column
wheel system.
In a choice of 38-43 mm steel case, it has a
transparent crystal back and a vintage-inspired
dial. The steel case incorporates the famous
1915 push-piece re-designed and integrated in
a way which further enhances its functionality.
This is a collector’s item with 33 jewels,
28 800 vibrations per hour, a minimum power
reserve of 70 hours and a steel case inscribed
with “100th anniversary 1915-2015”. The dial
is mercury silver with luminescent numerals and
the historic Breitling signature. distinguished by its perfect readability, white
This season, Pandora pays tribute to the beauty
of a garden bursting into life with elements of
nature and blossoms.
The daisy is reinterpreted in a cool, contem-
porary way that references spring’s top catwalk
looks, with bright clusters of these delicate fl ow-
ers portrayed in its statement designs.
World-renowned for its high quality and
hand-fi nished jewellery at affordable prices,
Pandora designs, manufactures and markets
modern jewellery made from genuine materials.
Pandora’s unique and detailed designs,
combining traditional craftsmanship with
modern technology, are sold in more than 90
countries across six continents through ap-
proximately 9 900 points of sale, including
more than 1 400 concept stores. Founded
in 1982 and headquartered in Copenhagen,
Denmark, Pandora is publicly listed on the
nASDAQ OMX Copenhagen stock exchange.
25SA JEWELLERY NEWS – APRIL 2015
BRAND MANAGEMENT
morellato – it’s all about the quality The Morellato group, with headquarters in
Padua and Milan, is one of the most success-
ful and renowned Italian companies in the
fi eld of watch bands, jewellery, watches and
jewellery cases.
The historic activity of the group is the
production of watch bands and today Morellato
is a worldwide leader in this fi eld. The company
was founded in Bologna in 1930 by the great
pioneer, Giulio Morellato. Born into a family
of artisans specialising in the manufacture
of footwear and watches, he created each
watch band with great passion and impeccable
quality, drawing on his family tradition for the
expertise he required.
After Morellato’s death in 1965, his closest
collaborator – Silvano Carraro – took charge of
the company. In the following years, through
a series of important marketing operations, it
became the leading producer of watch bands in
the European market. In 1990, Carraro handed
the business over to his sons, Massimo and
Marco, who still head it.
As a European leader in the market of
spare parts, Morellato has always established
consolidated partnerships with the most im-
portant watchmakers. In fact, it offers a
unique combination of craftsmanship with
modern production techniques. Morellato’s
laboratories are avant-garde structures in
which materials and watch bands are tested in
the strictest ways.
All its watch bands are completely hand-
made, from the cutting of the hides to the
stitching. Its styling offi ce works closely with its
clients’ designers in order to fully understand
and satisfy every requirement.
The selection of leather, fabric and other
innovative materials is made with extreme
care. Indeed, since its inception, Morellato has
operated closely with the best Italian and Eu-
ropean tanneries.
Morellato’s quality control laboratories are
among the most advanced in Europe. Each
production phase is constantly monitored and
the group is a member of the Leather, Skins &
Leather Goods Technical Commission of the
Italian Organisation for Standardisation, an as-
sociation working closely with the Experimental
Station for the Leather Industry & Tanning Prod-
ucts in naples. In this way, consistent quality in
leather is ensured around the country.
Morellato’s production and logistical struc-
ture in China allows the brand to offer clients
products of the same high standards for which
it is known in Europe. All watch bands pro-
duced in China undergo the same stringent
quality controls employed in Italy.
famous check design extended to timepiecesA ladies’ interpretation named the Britain
Icon Check, for women using the famous
check motif in polished and brushed 18ct pink
gold and a 38 mm case, has its bezel set with
124 diamonds (0,868ct). It has a storm grey
mother-of-pearl dial set with 245 diamonds
(1,163ct). The diamonds magnify the design by
being encrusted in double rows. Its mechanical
automatic movement has a brand-new “swan’s
neck” calibre and 26 jewels. The vibrations are
similarly 28 800 per hour, the bridges adorned
with the check motif.
Functions are hours, minutes and seconds,
while the sapphire crystal is also scratch-
resistant and anti-refl ective. The motif is hand-
set in a precious hand-woven check pattern on
the dial. This watch is water-resistant to 50 m
and is a limited edition. Other versions can be
made exclusively to order.
British fashion label Burberry is distinguished
by the iconic check design which appears on
the lining of its trench coat, created in the
1920s and recognised the world over. The
brand has now introduced a timepiece for
men which reiterates this motif.
In a 45 mm anthracite, DLC-treated titanium
polished and brushed case, the face of the
watch is covered with a similarly treated grid
pattern which serves as the timepiece’s open-
work dial and affords a tantalising glimpse
of the movement and the Cores de Genève
decoration. With this movement, crafted with
Swiss watchmaking expertise and combined
with the best of British design, the collection
is limited to 20 pieces. The movement is
mechanically hand-wound, has 17 jewels and
vibrates at 28 800 vibrations per hour.
Functions are hours, minutes and seconds.
The scratch-resistant sapphire crystal has anti-
refl ective treatment and the watch is water-
resistant to 100 m. It is set on a black alligator
leather strap with a folding buckle.
28
time a stone house along a bend in the river.
This house is pivotal in the history of the envi-
rons. The farm was divided and sub-divided by
Elsa’s sons and daughter. She died in 1948 and
her gravestone is still there.
It is not clear when the search for gold
ceased, but it is known that the Wilhelmis’
daughter Freya was more interested in her
by then small farm and the balance of the
property was acquired by the gold Mining
group. The names of successive owners of
the land are well documented, as it eventually
developed from farmland into a residential
area, but links with its historic past were
maintained in naming the dirt track which
eventually became Road 202.
It was not until February 1975 that a metal
nameplate at the corner of Shiel Ave – which
is now Coleraine Drive – and Roan Close was
erected in a formal ceremony conducted by
the then Mayor of Sandton, Councillor Bill
Hedding, Major Reuben Sive, Chairman of the
Sandton Historical Association and resident
Len Fisher – and Panners Lane was officially
named. It was first tarred in 1980.
We do, indeed, live in the presence of
history.
Just a few kilometres from the sandton cbD in the Johannes-burg suburb of riverclub is a quiet residential road signposted “Panners lane”, where the offices of isikhova, publisher of SAJN, are situated. this is the story of that road and how it came by its
name – redolent as it is of the early days of the discovery of gold in sa. it’s a well-documented heritage site which
was at first open veld, then a dirt road named road 202 on rudimentary maps and, ultimately, Panners lane. alice weil looks at its historic past.
COnTRARy TO THE gEnERAL BELIEF THAT THE
Witwatersrand yielded the first signs of gold in
1852 on the farm Paardekraal (Krugersdorp) –
a secret kept by the government of the time
to avoid an influx of “uitlander” prospectors
(foreigners of two decades earlier, in 1834,
to be more precise), a hunter is said to have
discovered traces of alluvial gold in the Jukskei
River near the confluence of the Crocodile River.
(It was not until 1886 that George Harrison
discovered the main reef of the Witwatersrand.)
Alluvial gold is deposited by water move-
ment and is essentially primary gold broken
down by weathering
and erosion and trans-
ported by the movement
of water through gul-
lies and streams, creeks
or rivers, or by gravity, over many millennia of
geological time. Wherever such gold is found,
there is a likelihood of finding more in the area
and there could well be a primary source of it
nearby. These deposits are generally in angular,
irregularly-shaped nuggets. Larger nuggets are
more commonly found near the source of
the gold and smaller ones down
the slope.
Panning for this form
of gold is the oldest and
simplest method of gold
mining. It extracts the
metal from a placer
deposit using a pan. It
was first used in ancient
Rome, where the pre-
cious metal was extracted
from streams and mountain-
sides using sluices and then pan-
ning. But productivity by this method is
slow and it was later replaced by more sophis-
ticated capital equipment. Once a prospector
has decided on the likelihood of a placer de-
posit, the next step is to scoop gravel into the
pan and gently agitate this in water. The gold
will eventually sink to the bottom of the pan.
The history of Panners Lane and the
Driefontein farm, which played a vital role in
the development of the area, is bound up with
the arrival of the earliest hunters, settlers and
prospectors who crossed the Vaal River in the
1830s and ’40s. At the time when the country
was known as the South African Republic, a
prospector named Pieter Jacob Marais travelled
between Potchefstroom (then its capital) and
what is now Pretoria and stopped to pan for
gold. In October 1863, he wrote in his journal:
“Found some gold on a farm on the Klein Jukskei
River.” The farm was named as Zandfontein –
now Sandton Central – and had a very short
The story of a road
SA JEWELLERY NEWS – APRIL 2015
LITTLE GEMS
frontage along the Klein
Jukskei (later known as
the Braamfontein Spruit).
This was close to where
the present-day William Nicol
Highway bridge crosses the spruit.
Among the rudimentary allocations
of land in the area made by the early settlers to
themselves are a string of names. If an allocation
involved demarcating a farm, the would-be
owner selected a point and measured the next
point while riding his horse at a walking pace
for 1,5 hours, then measured the next point
while riding for a further 1,5 hours. He did
this again, riding at right angles, to establish
a third point. It was not until a Deeds Office
was established in Pretoria in 1859 that the
allocation of land was formalised.
The original Driefontein farm was estab-
lished in the 1840s and included most of what
is today’s Riverclub, including its golf course,
Bryanston and Randburg. The farm had suc-
cessive owners, but it was German-born Adolf
and Elsa Wilhelmi and their descendants who
are crucial to this story. They built a succession
of houses, initially a corrugated iron shack,
on the side of the Braamfontein Spruit and in