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

Debswana earmarks $6bln to build underground diamond mine at Jwaneng

26 april 2021
Debswana, a joint venture between De Beers and the government of Botswana, is set to invest $6 billion to build the world's largest underground diamond mine at Jwaneng mine.
Jwaneng is already the richest diamond mine in the world in value terms.
Debswana head of transformation and innovation Thabo Balopi was quoted by Bloomberg as saying that the new section of the mine will have more than 360 km of tunnel development. 
Jwaneng's underground mine, which is expected to achieve full production by 2034, will record production of about 9 million carats, pushing the current operation's lifespan by 20 years.
The mine, which was opened in 1982, contributes nearly half the carats of De Beers' annual output.
Jwaneng produced 3.2 million carats in the first quarter of 2021, which is 41% of De Beers' total production for the period.
The last expansion cost of more than $2.2 billion transformed Jwaneng into one of the world's largest open-pit diamond mines.

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