Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...


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

ALROSA suspends exploration work at Catoca

30 january 2009

The Catoca diamond mine in Angola is expected to suspend exploration work, stated the Russian company ALROSA. According to Andrey Polyakov, the company’s official spokesman, “in 2009 ALROSA intends to reduce expenses for exploration work in Russia and in the African continent. Production and personnel are a matter of priority for us today and this is why financial backing of exploration work is tied to the current situation on the diamond market. Market recovery to its normal state will mean increased investments into exploration.”

Andrey Polyakov said that ALROSA considers further development of the diamond mining project within the frames of the joint venture Sociedade Mineira de Catoca to be one of the major lines of its activity.

ALROSA’s spokesman noted that “under current crisis conditions, preservation of production facilities, mining techniques and qualified personnel is our guarantee for future successful development of our company and Angola’s diamond mining industry.”

“ALROSA believes that today only concerted actions of major countries producing rough diamonds will bring market normalization. In its turn, ALROSA has already taken necessary measures to stabilize prices and does not supply its rough diamonds to the market,” the company stressed.