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

ALROSA sold over $338 million worth of diamonds in November

24 november 2009

According to the information received by Rough&Polished, ALROSA’s diamond supplies to its customers in November exceeded $338 million. Of this amount the Russian company sold over $327 million worth of diamonds on the open market. The United Selling Organization of ALROSA points to a significant recovery of demand for rough diamonds. This trend stems from essential scarcity of rough on the market due to reduced supply on the part of diamond miners in the first six months of 2009. At the same time, ALROSA proceeds from conservative forecasts while planning its rough sales next year since so far there is no apparent increase in demand for end products – diamond jewelry. ALROSA will pursue a responsible approach to its sales giving priority to long-term relations with market heavyweights, supporting demand and fair prices for rough diamonds.
At the moment, ALROSA’s general credit portfolio amounts to $3.85 billion. It was reduced by $1.2 billion from its peak level. This was achieved due to renewed diamond sales and selling non-core assets. ALROSA’s goal is to cut its liabilities down to $3.3 billion by the end of 2010 and also to reduce essentially the servicing expenses for its credit portfolio.
ALROSA’s President Fyodor Andreev ordered the company’s appropriate departments to carry out a complex auditing of OAO Severalmaz and additional estimation of economic viability as far as the development project of the M.V. Lomonosov Diamond Field in the Arkhangelsk Region was concerned.