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

Gem Diamonds engages shareholders over re-election of directors

04 december 2019

gem_diamonds_logo.pngGem Diamonds is, in accordance with a provision in the UK Corporate Governance Code, engaging with shareholders who voted against the re-election of two of its directors. 
The company says the re-election of Harry Kenyon-Slaney and Clifford Elphick was significantly voted against at the June 2019 annual general meeting due to the board's approach on share buybacks, dividends and board composition.  
The board had made a decision not to currently recommend a share buyback programme or payment of dividend.  
“The present position of the diamond market and the need to maintain appropriate levels of cash reserves, were key factors in the board's current approach to these share capital matters, and they will continue to be regularly reviewed by the board,” it said.
Gem Diamonds said in the half year review issued in September that its dividend policy is dependent on the results of the group's operations, its financial condition, cash requirements, future prospects, profits available for distribution and other factors deemed to be relevant at that time.  

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