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

De Beers Receives Permission to Flood Snap Lake Mine

01 july 2016
De Beers Canada announced that it has received approval to flood the tunnels at its Snap Lake underground mine in Canada’s Northwest Territories, according to a report by Retuers cited by IDEX Online.
By flooding the mine tunnels, De Beers will be able to cut costs to pump out water and reduce environmental risk, according to its extended care and maintenance plan.
Snap Lake was shuttered amid worsening global diamond market conditions and had made no money since production began in 2008. The mine produced 1.2 million carats in 2015 and had been due to be in operation until 2028.
De Beers Canada operates the Victor diamond mine in Ontario, which is set to close in 2018 unless an expansion project proceeds, and is in the final stages of construction of the Gahcho Kué mine with 49 percent owner Mountain Province Diamonds Inc.
"The decision is helpful because it really helps us preserve…a pretty significant resource in the ground," said De Beers Canada spokesman Tom Ormsby.