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

Rio’s Diavik Diamond Mine May Have a 41 Percent Decline in 2009

07 may 2009

Rio Tinto Group, the world’s third-largest mining company, may have a 41 percent decline in production from the Diavik diamond mine in Canada as it cuts spending at the operation, Bloomberg reported.
Production at Canada’s biggest diamond mine this year may be 5.4 million carats from the processing of 1.3 million tons of ore, Harry Winston Diamond Corp. said in a statement yesterday. Harry Winston owns 40 percent of the mine and operator Rio Tinto, based in London, owns the remainder.
De Beers, the world’s largest diamond producer, reduced first-quarter output by 91 percent as the world economic slump cut demand for luxury goods. Diamond prices fell about 16 percent in the past six months, according to an index published by researcher Polished Prices.
The Diavik mine produced 9.225 million carats of diamonds last year from the processing of 2.4 million tons of ore, according to Rio filings to the Australian stock exchange.
Rio Tinto spokeswoman Amanda Buckley declined to comment when contacted today.