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

Dominion Diamond agrees to sell Ekati

11 december 2020
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Image credit: Dominion Diamond Mines


Dominion Diamond Mines says it has agreed to sell its Ekati mine in Canada’s Northwest Territories to its second-lien noteholders.
Subject to court approval, a new vehicle controlled by Dominion's creditors DDJ Capital Management and Brigade Capital Management will acquire most Dominion assets, excluding a 40% stake in the Rio Tinto-operated Diavik mine, in return for assuming the company's debt liabilities and for providing a US$70 million working capital facility, according to mining-journal.com.
The bidders have agreed to restart Ekati by January 29, 2021, at the latest.
The Ekati mine is well known for its premium gem-quality diamonds. The Ekati mine plan, including the Misery underground and the Jay project, runs through to 2034. Several exploration and project evaluation activities are ongoing, including the Fox Deep project which could extend Ekati's life to 2042.
 
Alex Shishlo для Rough&Polished