De Beers only selling Elizabeth Bay Mine in Namibia, move to sustain operations beyond 2019

Namdeb Holdings, a 50/50 joint venture between the Namibian government and De Beers is not selling Daberas, Sendelingsdrift and Southern Coastal mines in the southern African country. It had been alleged that Namdeb was planning to close and offload...

Today

Colorless diamonds as an investment class are evolving beyond their traditional ability to preserve, relocate and pass on wealth

Antonio Cecere, the Founder & VP of Monaco Diamond Exchange dons many caps simultaneously. Currently, he is the President of Geneva Diamond Exchange, the President of Diamond Investment Club and the Principal of the Cecere Group. Antonio’s ability to...

15 april 2019

Jewellery with diamonds, even with small ones, sells better than without diamonds

The Yakut jewellery firm Kierge was set up 25 years ago on the basis of the jewellery workshop PKF Yakutrembyttekhnika which, in its turn, was founded way back in the 1970s. Over this period, Kierge turned into a well-established company successfully...

08 april 2019

Lucapa’s Wetherall on the past, present and the future

Lucapa Diamond chief executive Stephen Wetherall recently attended a mining conference, in Cape Town South Africa, where he met Rough & Polished’s Mathew Nyaungwa and granted him an exclusive interview. They discussed Angola’s first international diamond...

01 april 2019

India’s gem and jewellery industry expects the government will consider its demand for lower import duty on raw materials

A go-getter at heart, with an attitude to match, Pramod Kumar Agrawal, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) of India is a man in a hurry. He has not left any stone unturned to bring back the Indian gem & jewellery...

25 march 2019

RAPNET introduces jewelry trading

06 february 2019

RapNet, the world’s largest diamond trading network, announced the introduction of jewelry into its global trading network. RapNet members can now upload jewelry images and data, perform detailed searches, and directly trade jewelry with each other without any fees or commissions, the company said in a press release to this effect. There are no additional fees to use this service.
The addition of jewelry on RapNet provides significant added value to RapNet members and is expected to significantly expand RapNet’s membership and reach into the global jewelry trade. RapNet currently lists over 1.5 million diamonds valued at more than $7.4 billion, with members in 97 countries.
“In recent years our jewelry retailer membership has grown tremendously, and many traditional diamond suppliers have begun offering jewelry lines. The RapNet network now provides one platform that meets all their jewelry and diamond trading needs. We are excited that jewelry trading will take its place on RapNet, and we look forward to providing more opportunities for our members to increase their profits,” says Saville Stern, CEO of RapNet.

Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished, Brussels