Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...

Today

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

TAGS secures sales of 49,000 carats for $60m in March

05 april 2021
The Trans Atlantic Gem Sales March sales event ran in Dubai from the 24th to the 31st March 2021, welcoming companies from Dubai, India, Belgium, Israel, and China to the Almas Tower to view this month’s productions. Approximately 60,000 carats of rough from South Africa, Namibia, and Angola with a total value close to $65m was presented, says a press release from TAGS. 
The company showcased a large volume of high-quality Special Stones +10carats of around 150 pieces, which attracted a great deal of interest from the global manufacturing community.
In terms of response, in +3gr sizes, there was continued strong demand as in previous months but noted a marginal softening in smaller sizes -3gr.
TAGS secured sales of just over 49,000 carats for $60m to 63 companies from all the leading centres. Invoices ranged from as little as $6000 to several million dollars, demonstrating the diverse range of clientele TAGS cater to.
In March, TAGS welcomed several new companies from Israel attending for the first time, adding to the growing number of Israel based companies, some of whom were also successful in their bidding. Also, TAGS continues to receive registrations from new Israeli companies and looks forward to welcoming them to future sales events.

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