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

DiamondCorp cancels sale of assets

10 november 2016
DiamondCorp has decided to terminate the "formal sale process" of its Lace mine in South Africa and will continue to examine alternative means of enhancing shareholder value in the normal course of business.
The company had entered into discussions with a number of third parties and received certain indicative proposals and approaches.
However, DiamondCorp said that the approaches it had received from third parties were opportunistic in nature and significantly undervalued the company.
It recently concluded a financing facility with Rasmala for £700,000 to satisfy its immediate funding requirements.
Such approaches included an early stage non-binding indicative cash proposal at a substantial premium to the share price at the time, which remained subject to, inter alia, amendment and due diligence.
It said that the Lace asset, irrespective of startup delays, still contained an estimated 9.39 million carats of diamonds with an in-ground value in excess of $1.5 billion.

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