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

Diamcor tenders continue to record strong dollar per carat, revenue

07 september 2021
Diamcor Mining sold 1,340.70 carats of rough diamonds recovered from the processing of quarry material at its Krone Endora at Venetia Project, in South Africa were sold, generating additional gross revenues of about $302 000.
The third tender sales in the quarter ending September 30, which took place in late August resulted in an average price of $225.12 per carat for the diamonds sold.
The total combined rough diamonds tendered and sold to date in the quarter is now 4,330.24 carats, which generated initial gross revenues of $1,02 million and a combined average price of $236.44 per carat.
“Overall demand and pricing in a majority of the rough diamond assortments tendered and sold by the company continue to meet or exceed expectations,” said Diamcor.
“The size and quantity of special rough diamonds in the sales and tenders held to date in the current quarter ending September 30, 2021, are not seen as uncommon for the Project, which continues to demonstrate its ability to generate excellent dollar per carat results and revenues when processing quarry material.”
The company plans to offer additional rough diamonds for tender and sale this month.

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