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

SA’s Alexander Bay small-scale diamond miners oppose selling of Alexkor concessions

03 july 2020
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Marine diamond mining                                                                                                         Image credit: Alexkor

Small-scale diamond miners in South Africa’s Alexander Bay have opposed recent proposals to put the struggling State-owned diamond mining company Alexkor’s concessions up for sale.
The Equitable Access Campaign (EAC), which includes local marine diamond miners operating off the coast of Alexander Bay, was quoted by Mining Weekly as saying that Alexkor’s assets are “unquestionably strategic” and “arguably priceless”.
Sable Metals & Minerals chief executive James Allan recently advised the South African government to sell two deeper offshore diamond resources owned by Alexkor. 
He said that R500 million is needed for the systematic and detailed evaluation of the B and C Concessions, money that the South African government does not have. 
“These deep water concessions should be sold off to capable and well-resourced private enterprise as a priority, so as to prevent a repeat of Alexkor’s recent history,” he opined. 
"Mineral resources are finite, and after some 90 years of exploitation, which included high-grading, and mining without concomitant robust exploration and a mine plan due to lack of financial resources and technical capacity, Alexkor obviously faces declining production and an uncertain future.” 
The EAC also disputed Allan’s claim that diamond deposits on the shore and at sea had been mined for 90 years and had depleted to a large degree.

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