Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...

Yesterday

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

Zim diamond revenue remains unclear - Minister

05 march 2012

Zimbabwean Finance Minister Tendai Biti said that there is a “clear gap” between gems being sold in the country and the amount of money reaching the treasury.
Finance Minister Tendai Biti said at an investor conference, in South Africa that the state-owned mining company, Zimbabwe Mining Development Corporation (ZMDC) had registered a “minute” 45 million carats since production started in 2006 despite “massive” mining operation taking place in Marange.
He also said that it was not “proper” for ZMDC to manage the country’s diamond production.
“It’s quite clear that we urgently need a new diamond act,” Biti was quoted as saying by Bloomberg. “This act would establish a stand-alone diamond agency.”
ZMDC mined Marange diamonds in joint ventures with South African, Chinese and Dubai-based companies that were not obliged by law to release production data.
Meanwhile, Biti said that Zimbabwe should establish a diamond exploration company and a “diamond agency” to help market the gems.
He said the country “can be happy” if it raised $200 million for its wealth fund from the diamond revenue, which was expected to reach $700 million this year. 

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