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

NMDC to mine multibillion-dollar diamond deposit in MP-India

13 january 2020

State-owned Indian miner NMDC is poised to win a multibillion-dollar contract to explore and mine diamonds at a large project abandoned by global miner Rio Tinto, as per media reports. The Madhya Pradesh state government has asked NMDC to explore the Bunder deposits, which could contain millions of carats of diamonds. The state government last month awarded a smaller portion of the deposit to Essel Mining & Industries, part of Indian conglomerate Aditya Birla Group. That area was valued at about $9 billion, according to estimates by Rio Tinto and the state government. 
Neeraj Mandloi, principal secretary at the state's Mineral Resource Department said: "Our geological survey has shown that the entire area, which has largely remained unexplored, is rich in diamonds," Mandloi said of the Bunder deposit, adding that its output could be in the billions of dollars. "We have requested NMDC to do a composite role of exploring and mining and the company has shown a preliminary interest."
Madhya Pradesh, the only diamond mining region in Asia, could be among the world's top ten diamond producers, studies have shown.
NMDC already mines in the neighbouring Majhgawan mine at Panna, Madhya Pradesh, where the company has extracted about 1 million carats of diamonds. The State has also asked NMDC to explore and mine diamonds in several other blocks, Mandloi said. NMDC is enthusiastic and looking forward to taking on another mine in Madhya Pradesh.

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