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 junior Kimberley Consolidated still in talks with Chinese firm

19 june 2009

Kimberley Consolidated Mining (KCM) says it is still in negotiations with China National Geological and Mining as it seeks to gather cash to sustain operations in view of the global economic downturn.
The South African diamond junior cautioned its shareholders in a statement that the negotiations could possibly have a material effect on the price of its shares.
KCM had reported that the diamond industry continued to affect its results and cash flow.
“KCM's results and cash flow have been negatively impacted by the continued and protracted global economic downturn and the reduction in the demand for rough diamonds, coupled with the dramatic volatility and drop off in purchase prices offered for rough diamonds,” it reported last month.
In a bid to alleviate the cash flow constraints, Kimberley Consolidated had disposed of some of its movable assets, placed shares in terms of its general authority to issued shares for cash and entered into negotiations with a range of parties including China National Geological and Mining to conclude a transaction that will strengthen its cash resources.

Mathew Nyaungwa, Rough&Polished from Namibia