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

Polymetal completed acquisition of Varvarinskoye mine

03 november 2009

JSC “Polymetal” completed acquisition of a 100% interest in the Varvarinskoye Gold-Copper Mine in Kazakhstan from Orsu Metals Corporation, Rough&Polished were reported at the company.
Under the terms of the agreement, Polymetal to acquire 100% of the shares in Three K Exploration and Mining Limited, a wholly-owned subsidiary of Orsu which currently owns Varvarinskoye (directly and indirectly). The total consideration payable to Orsu by Polymetal comprises of $8M in cash payable upon completion, and deferred consideration of up to a maximum of $12M (plus any deferral interest), contingent on and calculable in reference to future prices of gold and copper.
Varvarinskoye deposit is situated in north-western Kazakhstan, 130 kilometers from the regional center Kostanai and 10km from the border with Russia. Approximately US$240 million was invested by Orsu Metals and its predecessor company, European Minerals Corporation, to build an open-pit mine, a 4.2 Mtpa processing plant and all related infrastructure.

Tatiana Alexandrova, Rough&Polished, Moscow