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

Gem Diamonds cautious ahead of Christmas sales season

20 october 2009

Miner Gem Diamonds Ltd said it is continuing to be cautious in its forecasts ahead of the vital Christmas sales season despite widespread evidence of retail jewellery demand stabilising a lower level in the important U.S. market, AWDC reports.
Gem Diamonds also said mining costs at its Letseng mine in Lesotho and the Ellendale operation Western Australia were rising due to the weakening of the U.S. dollar against the South African rand and the Australian dollar.
Although rough diamond prices rose sharply in the second and third quarter, they nonetheless are significantly below the levels seen before the global financial crisis struck in September 2008.
The firm said inventories were still high at the main global cutting centres as a result of lower U.S. imports of polished diamonds due to weaker retail sales and destocking within the country's diamond jewellery retail sector.

Alex Shishlo, Editor of the Rough&Polished European Bureau in Brussels