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

Namibia awards $21m diamond valuation deal

15 may 2019

news_21062018_gem.pngGem Diamonds Namibia has been awarded a N$300 million ($21 million) contract to valuate Namdeb diamonds over the next five years, according to local press. 
The contract, which was awarded by the country’s central procurement board, had been mired in controversy with concerns being raised that was turned into a money-making scheme for a clique of well-placed individuals. 
Gem Diamonds reportedly asked for N$300 million to valuate Namdeb diamonds, while the current tender holder since 2007, Global Diamond Valuators Namibia, asked for N$220 million for the same job. 
Global Diamond Valuators was ranked sixth among the bidders by the tender board's bid evaluation committee. 
The Namibian newspaper alleged that the decision to award the valuation contract to Gem Diamonds Namibia could trigger complaints and possible appeals from the companies that lost out on the tender. 
Some bidding firms complained to their associates that several companies were allegedly penalised or lost points for offering low bids or free services to the government to valuate the diamonds. 

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