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

KP to study possibility of standardizing rough pricing

29 march 2016
Ahmed Bin Sulayem, the 2016 chair of the Kimberley Process (KP) and executive chairman of the Dubai Multi-Commodities Centre, is in discussions with miners and the World Diamond Council (WDC) as part of a study aimed at determining best practice for valuing rough stones, with plans in place to reach initial findings by the annual KP intersessional meeting in Dubai in May, as reported in Rapaport.
“The KP chair’s office can confirm it has indeed started a thinking process of how to reach best-practice principles on valuation. It is a long, complex journey in which we hope to take some first concrete steps by intersession. Outlining a best practice should involve industry experts as well as government valuators. The KP chair is currently reaching out to several players including the mining corporations and the WDC,” a KP spokesperson is reported to have elaborated.
Rapaport also quoted ‘The National’ as having reported that Dubai’s role in the rough trade would be a subject of the study, which comes amid questions over transparency in pricing of rough diamonds globally. The National has also reportedly cited Bin Sulayem as saying, “No country’s diamond market is perfect, and every major diamond center has its own challenges. I’m not going to point fingers at anyone else, though. Through these studied and workshops we’ll look at where the main issues are and how we can resolve them.”

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