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

Angola produces 5.3Mcts in 8 months

17 september 2020
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Image credit: ENDIAMA


Angola produced 5.3 million carats of diamonds between January and August this year, according to the state media.
Endiama president Ganga Júnior was quoted by Angop as saying that production will rise to 8.3 million carats in December, a 20% decline from the initial target. 
Endiama had targeted to produce 10.5 million carats this year and realise revenue of $1.4 billion.
The decline was due to the Covid-19 pandemic.
Júnior told a virtual diamond conference last week that Endiama was now expecting to collect $1.1 billion in revenue.
He also said Endiama had stockpiled diamonds due to weak demand.
"So far we have stocks of diamonds as a result of weak demand, but recently we have already started to sense an increase in demand,” said Júnior.
Endiama could not reveal the amount of carats it had stockpiled.
Angola earned about 1.3 billion from just over 9.44 million carats of diamonds sold in 2019.
Prior to the pandemic, Endiama was working on boosting its production to position itself as one of the top three largest diamond miners in the world.

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