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

Zim goes to court to overthrow ruling favourable to Mbada

25 march 2016
The Zimbabwean government has appealed against a High Court decision to allow Mbada Diamonds remain at its Marange mining site.
The company together with other mining firms that had entered into a partnership with the state to mine diamonds in Marange were last month asked to cease operations as their licences had expired.
However, Grandwell Holdings, which holds a 50 percent stake in Mbada Diamonds, was allowed by High Court to remain at the mining site to secure its assets until "such a time that the validity of such special grants has been regularised in accordance with the law".
Grandwell lawyer Sternford Moyo said the High Court order meant Mbada Diamonds' restoration to possession of the concession area would allow it to safeguard its assets, while arrangements are being made to renew the special grants.
He said the firm would now operate until renewal of the special grant or resolution of the issue relating to validity of the special grant.
Mines and Mining Development Minister Walter Chidhakwa was said to be “not happy” with the ruling and had appealed to the Supreme Court.
"The court a quo erred in finding that the appellant had committed an act of spoliation against the fifth respondent (Mbada) when, in the circumstances, the appellant was not found to have done anything to evict the fifth respondent from the mining concessions," he was quoted as saying in his court papers by The Herald newspapers.
"The court a quo further erred in entitling, authorising and empowering the fifth respondent's security personnel, with all its chain of command, to remain at the mining concessions until resolution of a matter that was resolved on the 22nd of February 2016 when the relevant statutory functionary exercised his discretion against the further extension/renewal of special mining grants in question."

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