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 focuses on the impact of synthetic diamonds on the diamond market at Hong Kong Fair

21 september 2016
PJSC ALROSA, the world leader in diamond mining, organised a meeting with its clients and partners at the Hong Kong Jewellery & Gem Fair to present its vision for the development of the diamond market. The Special focus of the meeting was the increased production of synthetic diamonds globally, and its effect on the natural diamond market, says a press note from the company.
Heads of the Shanghai Diamond Exchange, Diamond Federation of Hong Kong, Diamond Producers Association, Gem & Jewellery Export Promotion Council, World Diamond Council, Israel Diamond Exchange, Antwerp World Diamond Centre and representatives of international gemological laboratories, jewellery retailers and diamond market analysts participated in the meeting.
At a panel discussion, the key market participants exchanged opinions on the risk of illegal mixing of synthetic and natural diamonds.
Galina Platonova, Adviser to ALROSA President elucidated ALROSA's measures to protect the natural diamond market from the illegal market entry as well as substitution of synthetic diamonds. She emphasized that the natural diamond market can be protected from illegal substitution by synthetic diamonds by complete disclosure throughout the polished diamond supply pipeline up to the end consumers. In addition, the most important aspect to protect natural diamond industry is to develop and manufacture devices to identify natural and synthetic polished diamonds in diamond jewellery, and induce customers to buy only natural diamond jewellery. Also, protection of the natural diamond market could begin with key regional markets promoting their own products. On its part, ALROSA is developing generic marketing programs; initiating special activities underlining Russian origin of natural polished diamonds and is also promoting ALROSA brand.

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