GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

Today

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

Rio Tinto Diamonds Q4 production up 50%

20 january 2016
Rio Tinto Group announced its production figures for Q4 2015 on 19 jan 2015, showing that its diamond business company Rio Tinto Diamonds produced 4.27 mn cts ended Dec. 31 2015 as against 2.84 mn cts for the same period in 2014, registering almost a 50 percent increase. Rio’s 100% owned company Argyle produced 3.36 m cts (86 percent increase than Q4 2014 production) and the 60% owned Diavik’s produced 0.90 m cts (3 percent decrease from the Q4 2014 production).
For the full 2015, the company produced 17.39 m cts as against 13.87 m cts for year 2014, recording an increase of 25 percent. Again, Arygle’s production (13.47 m cts) shows an increase of 47 percent from year 2014 production, whereas Diavik’s production (3.84 m cts) shows a decrease of 11 percent from 2014 production. According to the company, production at Argyle, where the ramp-up of production from the underground mine delivered a 47 per cent increase in carats produced compared to 2014.
However, due to process plant pauses to manage inventory levels, production in the fourth quarter was slightly below the previous quarter. At Diavik, carats recovered were 11 per cent lower than in 2014 due to processing plant pauses in the fourth quarter and the absence of stockpiled ore which was processed in the first half of 2014. Carats recovered in the fourth quarter were three per cent lower than the same period of 2014 due to lower processing volumes largely offset by higher recovered grades.
Rio Tinto Diamonds says that it continues to optimise production to align with market demand.

Aruna Gaitonde, Editor-in-Chief of Asian Bureau, Rough & Polished