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

BlueRock to complete expansion project at Kareevlei in August

01 july 2021
BlueRock Diamonds is expected to complete the expansion project at its Kareevlei diamond mine in South Africa in August.
The AIM-listed diamond producer will lift its operations to full production capacity allowing it to have full-year output guidance of between 30,000 and 39,000 carats.
“We are expecting to start commissioning of the west side of the new plant shortly and once complete we are targeting annual production of 1 million tonnes and hope that we will be able to exceed this,” it said. 
“The increased tonnages will provide the economies of scale to turn Kareevlei into a highly cash generative asset.”
BlueRock chairperson Michael Houston said its annual run rate revenues are projected to double to more than $16 million by the end of the year, while the per-unit cost will be reduced to [about] $220 per carat, thereby providing a healthy margin compared with its average sale price for 2019 of $415 and the first five months of 2021 of US$424 per carat.

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