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

Gemfields expects interim profit to dip

23 september 2019

news_01102018_gemfields.pngGemfields, which is the operator and 75% owner of both the Kagem emerald mine in Zambia and the Montepuez ruby mine in Mozambique, is expecting to report a net profit of $12.4-million for the six months ended June 30.
The company recorded a net profit of $16 million in the six months ended June 30, 2018.
It said earnings and headline earnings per share are expected to remain unchanged at 0.01 for the six-month period.
Meanwhile, Gemfields said the Montepuez ruby mine accrued $50-million in revenue during the period under consideration compared with the $71.8-million generated in the prior comparable period.
The Kagem emerald mine posted $33.2 million in revenue in the six-month period compared with the $21 million generated in the comparative period.
Revenue at Gemfields’ jewellery business, Fabergé, is expected to ease to $3.8 million compared to $7 million for the comparative period.

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