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

Zim army in diamond JV with Chinese, Russian firms

24 april 2012

The Zimbabwean army has entered into joint ventures with foreign investors, particularly Chinese and Russian mining firms involved in diamond mining in Marange, to counter Western sanctions, a cabinet minister has said.
“This, to a large extent, stabilises industry and eliminates chances of internal economic sabotage,” Defence minister Emmerson Mnangagwa was quoted as saying by Newsday during a public lecture at the Midlands State University.
He, however, did not give details of the diamond ventures.
The only publicly known diamond venture that involved the Chinese in Marange was Anjin Investments.
Although some analysts said that the ownership of Anjin was shrouded in secrecy varying reports said that the company was a mining venture between China’s Anhui Foreign Economic Construction Company and the Zimbabwe Mining Development Corporation (ZMDC).
Other reports said it was a joint venture between the Chinese group and the Zimbabwean military instead of ZMDC.
Anjin began mining diamonds in the Marange fields in July 2010, but received permission from the Kimberley Process to export its rough gems late last year.
The company reportedly had a stockpile of about 3 million carats.
The only known involvement of the Russians in Zimbabwe’s diamond mining was in Chimanimani.
The Herald newspaper reported recently that a joint venture between a Russian company OZGEO and the Development Trust of Zimbabwe was set to go into full commercial diamond mining, in Chimanimani by the end of this year.
The mine was said to have produced over 7,000 carats since the start of trial mining in 2010 and efforts to complete the exploration exercise using X-ray diamond sorting plants from Russia, made by ALROSA were now at an advanced stage.

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