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

Stornoway reported net income of $5.8M during Q2 FY2016

10 august 2016
Stornoway Diamond Corporation said its net income for the three month period ended June 30, 2016 amounted to $5.8 million compared to a $9.7 million net loss during the three months ended July 31, 2015. Meanwhile, the company continued a steady progress at its Renard diamond project.
Stornoway reported that better financial results are in large part due to derivative gains resulting from changes to fair value and foreign exchange gains and losses.
Progress at the Renard diamond project continues in line with the planned schedule and budget, with construction progress at 97.4% compared to the re-baselined plan of 95.2% at the end of the quarter.
Ore processing at Renard commenced on July 15, 2016, with 859,498 tonnes of ore stockpiled.
“Construction activities at Renard have now been largely completed and the ramp up of ore processing in the diamond plant has commenced. All of this has been achieved well within schedule and budget. At the project site, the hand-over from construction to operating staff has been achieved smoothly, and our mining activities are progressing satisfactorily, with no recurrence of the localised water inflow issue that hampered the progress of the underground mine ramp at the start of the year. We intend to schedule our first diamond sale based on the progress of the production ramp-up that is achieved over the next few months,” – said Matt Manson, President and CEO of Stornoway.

Theodor Lisovoy, Rough&Polished, Moscow