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

ALROSA to Extend Credit to Cutters in Armenia

05 march 2009

ALROSA is ready to extend a big credit tranche to Armenia, Sergei Vybornov, the company's president, said on Wednesday. At the talks with Tigran Sarkisyan, Armenia's Prime Minister, he said this credit would help Armenia's diamond processing plants to buy ALROSA's rough diamonds and to get orders for several years to come, RAPAPORT reported. 
Vybornov and Sarkisyan discussed prospects for the republic’s cooperation with ALROSA in the wake of the global financial crisis and possible assistance to Armenia's diamond cutting plants. According to the Armenian government's press service, the two parties agreed to assess possible risks of loan disbursement under the crisis conditions. 
Earlier, the diamond cutting industry was an engine of the two countries' economic cooperation, but in recent years the industry has faced a slowdown because of the reduction in raw diamond supplies following tougher state and customs controls in Russia as well as dollar fluctuations. Meanwhile, Armenia has a very high diamond cutting potential. Its professional diamond cutters can cut up to 1 million carats of diamonds. When Armenia's diamond cutting industry lagged they had to search for jobs in African countries — Namibia, Angola and Sierra Leone.