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

Rio Tinto’s diamond production down 18% in Q1

18 april 2019

news_06072018_riotinto.pngRio Tinto’s diamond production for the first quarter of 2019 ended March 31, 2019, dropped by 18% to 3.8 mln carats as against 4.6 mn cts registered in Q1 2018.
This is attributed to a drop in production at both the Argyle mine in Australia and the Diavik mine in Canada, which when compared to the earlier quarter was down 12%. In addition, according to Rio Tinto, carat production in the first quarter of 2019 at Argyle at 2.79 mn cts was 22% lower than the same period in 2018 due to the recovery of lower grade ore. At Diavik too, carats recovered in the first quarter at 1.01 mn were 5% lower than the first quarter of 2018 as lower recovered grades were partially offset by higher ore processing.
According to Rio Tinto,  diamond production guidance for 2019 was between 15 and 17 mn carats. Production in 2018 stood at 18.4 mn cts.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished