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

Star Diamond provides update regarding option to JV with Rio Tinto Exploration Canada Inc.

21 february 2020

Star Diamond Corporation announced that, following a review conducted by Star Diamond’s special committee of non-management directors, with assistance from the special committee’s independent legal counsel, Star Diamond has notified Rio Tinto Exploration Canada Inc. (RTEC) that its purported exercise in November 2019 of its four options under the Option to Joint Venture agreement dated June 22, 2017 did not comply with the terms of the agreement.   

news_01112018_star_diamond.png
Image credit: Star Diamond


Star Diamond has also notified RTEC that its operations and claimed expenditures in relation to the Corporation’s Star - Orion South Diamond Project located in central Saskatchewan did not comply with the agreement.
Star Diamond has advised RTEC that it must immediately comply with all of its obligations under the agreement, including in connection with RTEC’s operations and expenditures in relation to the project, any exercise by RTEC of the Options, and the immediate provision to Star Diamond of all information and data required under the agreement.
While Star Diamond has not to date been provided with any meaningful data from RTEC’s drilling operations at the project, Star Diamond believes that RTEC’s continuing actions and conduct in relation to the project are consistent with a belief by RTEC that the project warrants significant continued investment. Star Diamond believes that RTEC has expended significant funds at the project to date, and that RTEC intends to continue doing so during 2020.  
Star Diamond looks forward to receiving all technical and other data from RTEC’s operations to date at the project as soon as practicable.  

Alex Shishlo, Editor of the Rough&Polished European Bureau