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...

Today

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 unit reports net loss for first half of fiscal year due to plunging demand

10 august 2009

ALROSA-Nyurba, a unit of Russian mining giant ALROSA, reported a net loss of around $19 million for the first half of its fiscal year, Antwerpfacetsonline reported.
The loss contrasts sharply with the net profit of $53 million posted by ALROSA-Nyurba for the year earlier period when rough diamond prices reached their peak before starting their descent in the fourth quarter of 2008.
ALROSA-Nyurba said its sales plunged 54 percent to $120 million, according to a report on Interfax.
Meanwhile, the company's operating losses amounted to $20.5 million compared with an operating profit of $78million for the same period of 2008. Pre-tax losses were $24 million compared with a pre-tax profit of $72 million last year.
The company said the loss was a direct result of the global financial crisis which has slashed demand for diamonds.