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

Firestone hires diesel generator units to keep mine's processing plant running

18 october 2019

firestone_diamonds_logo.pngFirestone Diamonds said its Liqhobong mine, in Lesotho remains without sufficient power to operate the processing plant despite efforts over the past week to identify and to resolve the problem.
The company has since initiated contingency measures to restore power by alternative means within the coming weeks. 
It placed an order to hire diesel generator units with which to run the mine's processing plant.
All units are scheduled to arrive on site by the end of October and to be fully operational shortly thereafter, during early November. 
Normal operating costs are expected to increase by the cost of renting the generator units and of the associated diesel consumption.
“The generators are expected to be used to generate power until grid power is restored from the Muela Hydropower Station, which we are informed will take place on 1 December 2019,” it said.
Meanwhile, Firestone said it will continue to engage with both the Lesotho Electricity Company (LEC) and ESKOM, South Africa's power utility to try to resolve the interruption of grid power to the mine.

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