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

WDC backs West African artisanal miners’ bid to embrace KP

03 march 2020

wdc_logo.pngThe World Diamond Council (WDC) has backed the Mano River Union (MRU) which is pushing for an improved implementation of the Kimberley Process Certification Scheme (KP) in West Africa.
The MRU project comprises of the governments of Sierra Leone, Côte d’Ivoire, Liberia and Guinea and they are being funded by the European Union as well as the German Federal Ministry for Economic Cooperation and Development.
WDC executive director Elodie Daguzan said the MRU efforts will assist artisanal diamond miners gain better access to the legitimate diamond supply chain, while receiving fair value for their work.
 “Regional initiatives that are designed to enhance the implementation of the KPCS should focus on allowing these communities to optimize the benefits they receive from their hard work, and their countries realizing the full potential of their natural resources,” she said.
“These include preventing the smuggling of goods across borders, better transparency and enhanced methods for monitoring the extraction and movement of diamonds, and improvements in the capacity to properly evaluate mineral output.”

Image credit: World Diamond Council
Artisanal and small-scale miners account for about 15% of rough diamond production, according to WDC.
She said cooperative initiatives like the MRU’s regional programme creates synergies that enhance the value of natural diamonds from the perspectives of both the mining communities and jewellery consumers.

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