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

Rockwell to dispose of two SA diamond mines

29 november 2016
Rockwell Diamonds, which has been undertaking a strategic review of its assets and business options, said a sale process of Remhoogte/Holsloot and Saxendrift mines in South Africa is now underway.
It said the materiality of the proposed transaction to the remaining assets was not considered to be of such a size as to require shareholder approval.
Rockwell also said that it was in the process of securing adequate and timeous cash investment to facilitate the procurement of capital items and supplement cash flow for the first five months.
Commitments for $8-million, it said, had been secured by means of additional funding on similar terms to the current loans.
“This plan will enable Rockwell to perform the necessary upgrades to equipment and infrastructure to implement its turnaround plan,” said the company.
Meanwhile, Rockwell said it would speed up the ramp-up of its Wouterspan plant to a full production volume of 200 000 m3 a month.
It said it would also embark on a material reduction in cash-operating and off-mine costs while lifting production volumes in the first quarter of its 2018 financial year by another 60 000 m3 a month by relocating the Holsloot plant to Wouterspan North, where additional Rooikoppie gravels have been delineated.
Rockwell said some of its subsidiaries were facing a liquidation bid by mining contractor C-Rock Mining Limited (CML).
Mine production activities and work to complete the Wouterspan Wet Plant had been suspended as a result.

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