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

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

Botswana expecting new diamond discoveries in Tsabong area

15 february 2016
Botswana said it is hopeful to record more diamond discoveries in the Tsabong area where Pangolin Diamonds was currently prospecting for diamonds.
Minerals minister Onkokame Kitso Mokaila told the African Mining Indaba that the southern African country was highly prospective despite decades of producing quality diamonds.
“There is a lot of diamond prospecting going on in Botswana in the Tsabong area and we are hopeful that we will have more discoveries in that part of the country,” he said during a presentation.
“…We have some companies that are bubbling under who are [on] the verge of opening new mines.”
Pangolin Diamonds said in October 2013 that it had discovered one of the largest kimberlites in the world, modeled at 270 hectares or 2.7 sq km at its Tsabong North Project.
The company also indicated then that there was potential for discovering additional very large kimberlites in the Tsabong North Project area.
Mokaila said as diamond exploration grows in the country, small mines like Lucara’s Karowe had been producing stones that were different from Debswana’s Orapa and Jwaneng.
Lucara recovered a 1,111 carat Type IIa diamond last November from Karowe mine.
Botswana, which relies on diamond revenue to finance government activities, had been feeling the heat of weak diamond prices.
The country’s finance minister Kenneth Matambo recently indicated that Botswana’s budget deficit had widened to 3.8 percent of gross domestic product in the fiscal year beginning April 1 due to poor diamond exports.
The shortfall of 6 billion pula ($530 million) compares with a deficit of 4.2 billion pula, or 2.8 percent of GDP in the year ending March 31. 

Mathew Nyaungwa, Editor in Chief of the African Bureau, from Cape Town, South Africa, Rough&Polished