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...

Yesterday

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

India to spend $530m for aerial survey of mineral resources

16 august 2016
The Indian government is set to spend $530-million over seven years to conduct aerial surveys across 800 000 km2 of “obvious geological potential”, according to a report in miningweekly.com
The Government of India is seeking an international agency to conduct the aero-geological survey and mapping of deep-seated minerals across the demarcated areas. The appointment of a specialised agency and subsequent start of the aerial survey is expected by January 2017.
The Indian Mining Ministry has also identified 60 offshore blocks for mining. The rules for the award of these mines for domestic and international exploration will be announced within the next two to three months.
Towards this, the Offshore Areas Mineral Development and Regulation Act 2002 will be amended and will be brought in line with the Mines, Minerals Development and Regulation Act 2015, which will provide the legal framework for putting offshore blocks up for auction as in the case of other onshore mineral assets.
India’s mineral production during 2015/16 recorded growth of 9% at 495-million tons, although mineral value produced decreased by 11%, reflecting the meltdown in global commodity prices. To increase mineral production, the Ministry has invited tenders for the auction of 33 blocks comprising gold, diamond, iron-ore and limestone assets to domestic and international miners.
The report also mentions that about 70 to 80 mines had been awarded to various miners, but that these were not operational in the absence of mandatory environmental clearances. The Mines Ministry has set up a specific task force to interact with the Ministry of Forest and Environment to expedite securing of such approvals for these mines.
At least another 80 mineral blocks is expected to be put up for auction before the end of current financial year.

Aruna Gaitonde, Editor-in-Chief of Asian Bureau, Rough & Polished