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 mineworkers’ union threatens to strike at De Beers, Petra mines

05 october 2020
Image credit: Petra Diamonds (Facebook)

South Africa’s National Union of Mineworkers (NUM) has threatened to embark on industrial action at De Beers, Petra Diamonds, and Exxaro coal mines.
The threat comes after NUM and the three mining companies failed to reach a wage deal at Council for Conciliation Arbitration and Mediation (CCMA), according to Mining Weekly.
“It is going to be a big fight,” said NUM deputy general secretary Willam Mabapa.
“Food prices, fuel prices, and general inflation have skyrocketed. There is just no room for peanuts increases and for that we are prepared for war.”
The NUM said De Beers was offering an R750 wage increase, which was equivalent to 1.5% against an 8% increase across the board that the union had demanded.
The union said De Beers could pay the wage increases and other benefits as the group had recently recorded a 176% year-on-year increase in rough diamond sales.
Petra said it would only afford a 4% wage increment, while the union wanted the wages to rise by R1000.
NUM further demanded job alignment at all of Petra’s operations in South Africa.

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