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

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

Polymetal Disposes Rumors Regarding Secondary Share Placement

29 october 2009

Placement of 84,375,000 additional ordinary shares of JSC “Polymetal” by way of a closed subscription was completed on October 23, 2009, and 57,350,357 of the new shares were placed to JSC “Polymetal Management”, being 100% subsidiary of Polymetal, Rough&Polished were reported at the company.
The issue to be completed once the Federal Financial Markets Services of Russia registers the report on the results of the issuance.
Previously Polymetal stated that certain part of the new shares acquired by JSC “Polymetal Management” under the closed subscription might be available to be placed in the market for cash if market conditions are favorable and there is sufficient interest from investors.
The company noted recent press speculation regarding a secondary placement of its shares and confirmed that it is considering a potential secondary placement of part of the new shares.
However Polymetal stressed that no decision has been taken to proceed with a secondary placement, and there is no certainty concerning any secondary placement of new shares to be proceeded or as to the terms or structure of such secondary placement.

Tatiana Alexandrova, Rough&Polished, Moscow