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

TAGS sells 85% of rough diamond from South Africa & Angola in September tender

02 october 2019

Trans Atlantic Gem Sales (TAGS) held their most recent rough diamond tender between the 20th to the 27th September and presented two regular productions from South Africa and Angola. Despite the current challenging period for the market, the TAGS registered several new companies, who it hopes to see regularly, and sold in the region of 85% of the goods presented. 

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For the last 2 tenders, TAGS’ clients had reported that the prices achieved were a good reflection of the current market position. They mentioned that it is beneficial for them to purchase only the goods they require, and at a financial volume where they can control their level of exposure.
Many clients had attended the Hong Kong Show which was far from a successful one. Some of the clients commented that they were encouraged to see that there were very few ‘distressed sellers,’ which is perhaps indicative that we have reached the bottom in terms of price erosion.
During the tender, the Dubai Diamond Exchange hosted their bi-annual Diamond Conference attracting all the leading diamond bodies from around the world, as well as all the leading mining companies. TAGS were Gold Sponsors of the event and were delighted to host several important producer representatives at the Gala Dinner on the 26th September 2019.
Also, TAGS were honoured to be the first Tender House to utilise the new world-class tender facility in the Almas Tower, highlighting our close professional relationship with the DMCC and DDE. Anthony Peter, the owner of TAGS, was privileged to be one of the dignitaries to open the facility.

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