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

Kimberley Diamonds raises $4m

28 june 2016
Kimberley Diamonds has completed a capital raising of $4,024,678 via the issue of 40,246,783 ordinary fully paid shares at $0.10 per share.
China-based auction house Zhejiang Huitong Auction, which had previously lent the miner $13-million, was issued 7,041,202 of the shortfall shares worth $704,120.
The issue to Zhejiang was partly in payment of the interest.
Placement of the rights issue shortfall completed on 24 June 2016, with 100% of the available shortfall shares successfully placed with sophisticated and professional investors, raising $3,572,944.  
Kimberley Diamonds now owes Zhejiang approximately $11.3 million, it said.
The first sale of diamonds recovered from Kimberley’s Lerala Diamond Mine in Botswana would be held by online auction from Antwerp, Belgium on 28 June.
Processing operations at the mine commenced last May.
Lerala was expected to produce an average of 357,000 carats per year once in full production.

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