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

Gemfields boosts Kagem Q2 emerald, beryl output

19 february 2016
Gemfields said emerald and beryl output from its Kagem mine in Zambia leaped 41 percent to 8.2 million carats in the second quarter compared to 5.8 million carats produced a year earlier.
It said the average grade also rose to 272 carats per tonne from 190 carats per tonne the year before as operating costs for the group took a nosedive.
However, ruby and corundum production in the quarter softened to 1.6 million carats from 3.4 million carats a year earlier due to a focus on processing additional volumes of higher-quality alluvial resource at the company’s 75 percent-owned Montepuez mine in Mozambique.
“Montepuez continues to produce encouraging results and constantly improving geographical knowledge and insight across the licence area providing a high level of confidence that production volumes will soon to be supported by the planned shift in mining focus to areas where the grade is known to be higher, but with a commensurate reduction in value, in the coming months,” said Gemfields chief executive Ian Harebottle.
“We thus maintain our production target for the 2016 financial year of 25 to 30 million carats for rough emeralds and 8 million carats for rough rubies.”
Bulk sampling operations at Montepuez remained focused on the processing of ore derived from alluvial resources which are known to deliver lower volumes of significantly higher quality and value production, resulting in a 1,825 percent increase in the volume of higher quality rubies recovered, he said.

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