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

Angola’s Catoca says it will not lay-off workers

12 may 2009

The Catoca diamond mine in Angola says it would not layoff its employs despite the weak diamond market buoyed by the global economic recession.
A Catoca official João Reis said that given the level of the Catoca project it would consider some “cost cutting measures” without reducing its work force.
The miner recently reported that it was expected to generate a USD12.8 million profit in 2009, compared to USD104 million in 2008.
Catoca's turnover was also expected to total USD305 million, net sales UD281 million, operating costs are estimated at USD252 million and projected operating profit is USD21 million.
The diamond mine shareholders are state diamond company Endiama LP, Alrosa, Lev Leviev and Brazilian conglomerate Odebrecht.
At least 10 of the 14 diamond operations in Angola's Lunda Sul region are said to have closed down and Catoca was among the four with operations still running.

Claudia Pereira, Rough&Polished from Angola