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

Lucara allays fears of job losses at Botswana mine

19 december 2016
Lucara Diamond has allayed fears that at least 450 miners will be retrenched at Karowe diamond mine in Botswana following its recent decision to terminate a mining services contract with South African company Eqstra.
The contract was due to end in December 2020, but Lucara allegedly told Eqstra that it would be terminated last Tuesday.
The termination was prompted by differences over volumes of ore mined by the contractor, according to local media reports.
However, the move was said to affect mining staff responsible for the drill, blast and delivery of ore to the plant, while diamond sorters were unaffected.
Rapaport quoted company chief executive William Lamb as saying that a new contractor was yet to be named and would be responsible for recruiting its own employees.
He, nevertheless, said that the Eqstra workforce at Karowe whose employment had been affected would be largely transferred to the employ of the new mining contractor.
Eqstra Botswana said it would seek to recoup damages from Lucara over the “premature” termination of the opencast mining contract.
“The company categorically denies and refutes any allegations of improper conduct relating to the performance of its contractual obligations,” it said.

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