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...


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

Zim eyes $640 mln from Marange diamond revenue

27 february 2012

Zimbabwe is expecting diamond revenue from Marange to reach $640 million this fiscal year from the previous $150 million, a local newspaper reports.
The Herald quoted the Ministry of Finance as saying that the Kimberley Process trade embargo, which had been in place since November 2009 but lifted late last year, had previously hampered diamond sales.
The ministry said it was also necessary for the Zimbabwe Revenue Authority to play its part in the entire value chain of diamonds from mining, marketing, to distribution and collection to the government.
“Currently, the revenue authority (Zimra) merely receipts remittances of royalties collected by the Minerals Marketing Corporation of Zimbabwe from sale of minerals,” said Finance Secretary Willard Manungo, in a speech read on his behalf at a stakeholders’ consultation workshop on diamond policy.
 “However, in order to increase mineral revenue inflows to the fiscus, the revenue authority should put in place a mechanism to verify throughput of extracted minerals. It is important to conclude as a matter of urgency work on the diamond bill in order to enhance transparency.”
The workshop was organised by the Ministry of Mines and Mining Development to get contributions from stakeholders in the diamond industry for consideration in the formulation of a new Diamond Act.
Mines and Mining Development Permanent Secretary Prince Mupazviriho said that the implementation of the policy will promote integration of the diamond industry into the economy and ensure that the sector makes meaningful contribution to the fiscus.
Zimbabwe had been using the Precious Stones Trade Act for the administration of the industry since the first discovery of diamond deposits in 1903.
The state-owned Zimbabwe Mining Development Corporation was in 50/50 joint venture partnerships with Anjin Investments, Diamond Mining Corporation, Mbada Diamonds, and wholly owns Marange Resources.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished