Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...

Yesterday

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...

20 september 2021

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

Endiama, Alrosa expedite search for new Angola diamond deposits

21 january 2016
Angolan state-owned diamond company, Endiama said that it will up the search for new diamond deposits in the country in partnership with Russia’s Alrosa.
Local news agency, Angop quoted company chief executive Carlos Sumbula as saying that the country was looking forward to the discovery of new kimberlites.
Of over 1,000 known kimberlite deposits, only three were being explored, including the Catoca mine, which accounts for 87 percent of Angola’s diamond production.
The partnership was also prospecting for fresh alluvial deposits, according to Angop.
Endiama had the alluvial projects of Cangandala, Milando and Chinguvo in the prospecting phase.
Kimberlites that were also in the prospecting phase included Luangue, Tchiafua, Vulege, Gambo, Gango, Quitubia and Tchegi.
Alrosa and Endiama inked a Memorandum of Understanding on joint work in June 2013 and this was followed by an agreement signed in February 2014 establishing an exploration joint venture in Angola.
The first stage of the agreement was said at the time to comprise the acquisition of the prospective Cassango area for three years of exploration work with the total financing estimated at $15.5 million.
The agreement envisaged granting the joint venture with diamond mining rights in the event of discovery of a cost effective kimberlite deposit.
Alrosa and Endiama had been also been major shareholders in the Catoca joint mining project.

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