Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...


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

Trans Hex Spurns South Africa's Richest Man

30 september 2016
The board of Trans Hex Group advised shareholders to decline a takeover bid from South Africa’s richest man, after a panel of independent members found the offer underprices the miner.
Snowden Mining Industry Consultants Proprietary Ltd, which was hired by the independent members of the board, valued the company at $0.59 (ZAR 8) per share, the rough producer said in a statement to the Johannesburg Stock Exchange. This compares with $0.29 (ZAR 3.94) per share offered by Cream Magenta and Metcap, both of which are owned by retail tycoon Christo Wiese, in concert with RAC Investment Holdings.
“The independent board, having taken into account the opinion of the independent expert regarding the offer, is of the opinion that the terms of the offer are not fair and not reasonable to shareholders and, accordingly, recommends that shareholders do not accept the offer,” Trans Hex said.