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...

Yesterday

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

Diamcor says no significant capital needed to bring SA project on stream

23 november 2016
Diamcor said it has invested several years and about $50-million into the development of the Krone-Endora at Venetia diamond project, in South Africa.
It was currently performing large-scale trial mining exercises with an objective of achieving an initial production decision in the short term.
“The bulk of the capital expenditure is now complete, and we do not envision any significant additional capital being required to bring the project on stream,” Mining Weekly quoted company chief executive Dean Taylor as saying.
Krone-Endora was funded through a combination of equity raises, a debt facility from Diamcor’s strategic alliance partner, Tiffany & Co, and through the sale of rough diamonds recovered as a result of the ongoing testing and commissioning exercises.
The project was an opencast, employing low-cost strip-mining methods and the company is targeting an initial 15-year operational life span.
Diamcor had a mining right over the initial areas of focus covering 657 ha of the project.

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