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

ALROSA does not expect significant price fluctuations in the diamond market

31 august 2016
(Ria.ru) - Alrosa does not expect any significant price fluctuations in the diamond market during the second half of 2016, Vice-President and Chief Financial Officer of thecompany Igor Kulichik said in a conference call.
"In the second half of the year we do not expect any big surprises in the diamond market. Our forecast remains conservative: we expect a flat price level, but do not expect a surge or decline in demand," - said Kulichik.
He also noted that ALROSA's diamond stock now stands at 16 million carats, which he estimated at about $1.5 billion.
"We plan to sell about 37-38 million carats (in 2016), perhaps this figure will be greater by the end of the year," - said Kulichik, adding that the company expects to keep diamond stock at the current level or even increase it in the second half of the year.
ALROSA is Russia's largest diamond producer, it owns mining operations in Yakutia and Arkhangelsk region, developing 11 kimberlite pipes and 16 alluvial deposits. At the end of 2015 the ALROSA Group produced 38.3 million carats of diamonds. In 2016, it plans to produce about 37 million carats.