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

Murowa Diamonds ownership change under Zim Gvt microscope

11 april 2016
Zimbabwe said last year’s change of ownership of Murowa Diamonds is currently under investigation as it happened outside the country.
Rio Tinto disposed its 78 percent stake in the kimberlite diamond mine mid-last year to RZ Murowa Holdings.
Details on the ownership of RZ Murowa Holdings were hazy although a statement issued by Rio Tinto at the time of the sale suggested it was an entity controlled by the Zimbabwean-listed RioZim, which had a 22 percent stake in the company at the time, The Source reports.
RioZim, however, indicated in its financial results for the year to December 31, 2015 that were released last month that its shareholding in the diamond miner remained at 22,2 percent.
Mines deputy minister Fred Moyo said the ownership change happened outside the country.
“Ownership of mines and change of ownership depends on where the shares are being held,” he was quoted as saying in Parliament.
 “The shares were held offshore and we are still investigating the manner in which the shares changed hands outside the country.”
Murowa Diamonds was not forced to be part of the country’s diamond consolidated company despite previous attempts to do so.
Government officials only said that negotiations would be done with the company regarding the proposal.

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