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

Indian farmer mines 6.47 carat diamond in Panna

30 august 2021
    Image credit: The Hindu

Luck shines on the farmer from Madhya Pradesh for the sixth time as he mines 6.47 carat diamond in Panna. The farmer, Prakash Majumdar, found this diamond from a mine in Jaruapur village in the district on Friday, said Nutan Jain, in-charge diamond officer, as per a report in The Hindu.
This high-quality diamond recovered by the farmer for the sixth time in the course of two years was unearthed in a land taken on lease from the government.
Jain said the diamond will be put up for sale at the upcoming auction and the price will be fixed as per the government guidelines.
Majumdar said that he will share the amount received from the auction with his four partners engaged in quarrying the mine. He said that he had found a 7.44-carat diamond last year. Besides, he had also mined four other precious stones weighing 2 to 2.5 carat in the past two years.
As per the private estimates, the 6.47-carat diamond is likely to fetch around ₹3 million in the auction. Panna district is estimated to have diamond reserves of 1.2 million carats. The state government gives small patches of land on lease in the Panna diamond reserve area to local farmers and labourers to mine diamonds and deposit them with the district mining officer.

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