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

Mustang finds new ruby deposit in Mozambique

19 august 2016

Mustang Resources has found another ruby deposit at its Montepuez concession in the northern Mozambican province of Cabo Delgado.
The Australian mining company, which also has a majority interest in two diamond exploration licences along the Save River, in central Mozambique, has now found a further 19 rubies, bringing the total haul to 29 with a combined weight of 5.79 carats.
“That our exploration team has recovered 29 high quality rubies to date is very encouraging, and further highlights the potential underlying value to be extracted from the Montepuez Project,” company managing director Christiaan Jordaan was quoted as saying by Agência de Informação de Moçambique.
Mustang Resources was at an early stage of developing the mine and taking small samples from various gravel deposits.
Once the mapping of the area’s geological makeup was complete, Mustang would move on to the bulk sampling programme, according to the news agency.
The sampling would involve processing material at a rate of 800 tonnes per day to get a better picture of the grade and gemstone size distribution of the deposits.
The Montepuez Ruby Project consists of three licenses covering 15,800 hectares directly adjacent to the world’s largest ruby deposit mined by Gemfields.
Mustang Resources reported last month its first discovery of 10 rubies from its initial sampling programme.

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