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

Trans Hex to delist from JSE

25 november 2019

trans_hex-logo.pngTrans Hex, which has diamond operations in South Africa and Angola, is expected to finalise its delisting from the Johannesburg Stock Exchange (JSE) early next month.
Suspension of the listing of the company’s shares on the JSE is expected on 27 November, it said in a statement.
Trans Hex first announced its plans to delist on the JSE last July saying it would allow it to save on the costs of operating in a regulated environment.
It also felt that the JSE listing was of little benefit to the company at this stage of its operating cycle.
The company’s Angolan business had been growing financially, but the South African business experienced considerable challenges due to declining small diamond prices, lower than expected diamond grades and increasing costs relating to security.
Trans Hex recently liquidated its unprofitable West Coast Resources.
It previously failed to sell the business or to get a third party to run it.

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