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

De Beers to conduct cycle 8 auctions late September

09 september 2020
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Image credit: De Beers Group


Anglo American’s 85%-owned diamond group, De Beers says it will conduct its cycle 8 auctions on 24 September.
It said in a post on social media that there will be a range of products across product family and size block available for sale.
De Beers recently earned $300 million from its monthly rough diamond auction.
The diamond giant and Russia’s Alrosa were said to have both slashed prices of rough by about 10%, which encouraged buying from dealers, Bloomberg News claimed.
De Beers head of consumer and brands Stephen Lussier said the worst is now behind the industry.
He said there was some real consumer data which underlines the midstream’s belief that business is coming back for them. 
De Beers only realised revenue of $56 million in the second quarter of the year as COVID-19 travel restrictions affected diamond tenders hardest.

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