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

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

TAGS’ rough diamond tender in November ends successfully

13 november 2019
TAGS_logo1.pngWith the Indian Diwali holidays now behind us, most Indian factories will reopen from 15th November 2019.  Against this backdrop TAGS welcomed in excess of 100 companies from the international market to their event in DDE Almas Tower, Dubai from the 5th to the 11th November 2019.
The regular productions from South Africa and Angola were presented, which this time included many Special Stones +10ct. and most of the goods by value were sold to over 40 companies representing all the leading centres.
TAGS has developed a strong and regular clientele and has managed to supply goods at prices that reflect the realities of the current market and this has gone a long way in developing their brand and the considerable customer loyalty they enjoy.
TAGS is also working hard to streamline their appointments system in order to allocate time slots that accurately reflect the time required to see specific ranges of goods. To this end clients have been very helpful in completing the ‘rough preferences’ form that was sent out. Completion of this has enabled TAGS to invite the right type of clients to their tenders and allocate the appropriate amount of time required, thereby increasing their efficiency and managing their customers time to maximum effect.
De Beers reduced prices in certain areas at the recent Sight in Gaborone by between 5-7%.  Coupled with a greatly reduced sales volume in the past months, this has gone a long way to inject a degree of positivity in the market as they approach the seasonal selling period.
TAGS next Tender will run from the 6th to the 12th December 2019. 
Several companies have requested the tender dates for 2020, as they start the planning process of their rough purchases from their regular sources. TAGS will be confirming these dates with their Producer partners soon, and they will be published on the TAGS website.

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