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

Firestone sees full production at Botswana’s BK11 mine in 2010

15 june 2009

Botswana focused diamond explorer and producer, Firestone Diamonds says its BK11 diamond project in the southern African country is expected to be fully operational by end of June in 2010.
Speaking to Rough & Polished on the sidelines of the Botswana Resource Sector Conference, in Gaborone, Firestone chief geologist Polite Khutjwe said the bulk sampling and treatment of the BK11 project would commence next month, with initial results expected in September.
He said 2000 carats for high confidence diamond evaluation were expected to be recovered from a 20 000 t bulk sample trench.
Diamonds from BK11 were estimated at USD200/ct in June 2008, however, with prices having dropped sharply, independent valuations put the value of stones from this project at USD126/ct in March this year.
Khutjwe said the BK16 project would be shelved as the firm was channeling all of its energy on the development of the BK11 project.
He also said that there was a huge interest from potential Joint Venture (JV) partners on its Tsabong Kimberlite field, which is regarded as one of the largest diamondiferous kimberlite fields in the world.
At least 85 kimberlites are known from Tsabong, 18 of which are diamondiferous.
“Prospects for economic discovery at Tsabong remain good, our JV negotiations are at an advanced stage, but we cannot reveal names at the moment,” Khutjwe said.
He said Firestone had shifted its operations from South Africa to Botswana, as it was the world’s lowest cost producer, while its geology was favorable for new discoveries.

Veronica Novoselova, Rough&Polished African bureau editor in Namibia