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

Mountain Province Diamonds announced 2Q and 1H 2021 Results

05 august 2021
Mountain Province Diamonds Inc. announced its financial results for the second quarter and first half 2021 ended June 30, 2021.
In Q2 2021, 718,549 carats were sold at an average value of $90 per carat (US$73 per carat) for total proceeds of $64.7 million (US$52.6 million) in comparison to 602,773 carats sold at an average value of $90 per carat (US$71 per carat) for total proceeds of $54.2 million (US$42.7 million) in Q1 2021.
During H1 2021, 1,321,317 carats were sold at an average value of $90 per carat (US$72 per carat) for total proceeds of $119.0 million (US$95.3 million) in comparison to 1,416,677 carats sold at an average value of $70 per carat (US$52 per carat) for total proceeds of $99.5 million (US$74.2 million) in H1 2020.
Net income for half year 2021 at June 30, 2021 was $29.8 million or $0.14 earnings per share (2020: net loss $67.7 million or $0.32 loss per share). 
The positive market environment which began at the start of the year continued through the second quarter. The global economy began to recover as many countries started to lift COVID-19 restrictions. This positive trend is expected to continue through the second half of 2021 as consumer confidence and spending levels continue to recover. Reinforcing this expectation is the fact that the US and China continue to promote consumer spending as part of their post-COVID-19 recovery plans, and major producers continue to adopt a price over volume approach to release of rough goods, supporting the industry's recovery, Mountain Province notes.

Alex Shishlo for Rough&Polished