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

ZCDC to take over Russian-owned DTZ-OZGEO diamond claims

12 april 2016
The recently formed Zimbabwe Consolidated Diamond Company (ZCDC) is set to take over the Russian-owned DTZ-OZGEO’s diamond claims in Charleswood, Chimanimani.
Mines minister Walter Chidhakwa said the company would compensate DTZ-OZGEO for all the machinery and equipment after evaluation.
He was quoted by New as saying that the Russians were “happy” with the government consolidation process and were “supportive” of the policy.
"We had discussions with the Russians and they were supportive of government policy and they indicated that they will not take government to court,” he said.
"What they want is for us to agree on the value of their assets and they are willing to sell to us and then they will look for other opportunities to invest in other sectors of the economy."
Reports had previously claimed that government would exempt DTZ-OZGEO from giving up its claims and join ZCDC.
Harare had since ordered mining companies that were operating in Marange out of the diamond fields after their refusal to be part of ZCDC.
Their mining licences had also expired.
Meanwhile, Chidhakwa said ZCDC would help boost revenue inflows into the cash-strapped government's coffers.
He said ZCDC would not wait for six months or a year to declare dividends to government, but would ensure funds were transferred to the treasury every month.
"ZCDC has the instruction to transfer money into fiscus to sustain government operations as well as help the affected communities," said Chidhakwa.

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