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

Diamond Execs Plan First Working Meeting for Generics Campaign

12 february 2009

Diamond sector leaders will meet later in February to further an industry-wide generic market campaign, RAPAPORT reported. According to Avi Paz, president of the World Federation of Diamond Bourses (WFDB), the meeting will take place in London on February 24 and will be the first working meeting to advance the idea.
Participants will include representatives of the major mining companies — ALROSA, De Beers, BHP Billiton, Rio Tinto, and Harry Winston Diamond Corp. — which make up the steering committee, SteerCom, that is spearheading the project, as well as various industry leaders, Paz said. Also in attendance will be consultancy firm McKinsey & Company, which SteerCom recently hired to consult on the creation and funding of a proposed new body that will carry out the campaign.
The project gained steam in 2008, after De Beers announced it would cut back on its advertising spending in February of that year and the global recession increasingly impacted retail demand.  At the Israel rough diamond conference, industry leaders, including Jeffrey Fischer, then president of the International Diamond Manufacturers Association (IDMA), called for an industry-wide campaign. This was followed by a meeting in St. Petersburg, Russia, to proceed with the generics concept.
Earlier this month, ALROSA president Sergei Vybornov hinted that the campaign should focus on the investment value of diamonds. He noted in a statement on the ALROSA website that there have been effective marketing campaigns in the past, but none that stressed diamonds as a worthy investment.