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

TAGS diamond tender in Dubai concludes with 100% sales

26 november 2020
Image credit: TAGS

Trans Atlantic Gem Sales DMCC (TAGS) recently held a rough diamond tender in Dubai from the 17th to the 23rd November 2020, presenting the regular South African, Namibian, and Angolan productions. TAGS presented almost 45,000 carats with a value of $35 to 40m to 130 leading international companies over 7 days.
TAGS held this tender against the background of the global diamond industry impacted by of COVID-19, leading to several months of severely restricted supply by the leading producers, coupled with a better than expected recovery in China. And, as there is some optimism for the Christmas season in terms of demand from end consumers, the company claims to have seen 
strong demand for correctly priced commercial rough, particularly in sizes +3grs.
According to the company, it received numerous new registrations from Israeli companies keen to access TAGS tenders, along with companies from India, UAE, Russia, China, and Belgium. The company’s team in Dubai continues to work closely with its customers providing help regarding visas, group security clearance, and provision of constant updates on travel regulations and requirements in Dubai associated with COVID-19.
For the auction, TAGS utilised the entire Dubai Diamond Exchange facility (41 viewing stations), to adhere to the strict safety regulations and social distancing required in the building. TAGS had an exceptionally good result, selling almost 100% of goods offered, to 42 companies.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough&Polished