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

Zimbabwe lacks trained diamond valuators - minister

30 may 2012

Zimbabwe’s Finance minister Tendai Biti said that the country does not have trained valuators to determine the true value of the diamonds mined in the country, particularly Marange.
He was quoted by The Zimbabwean newspaper as saying that the Zimbabwe Revenue Authority (Zimra) officials at the diamond mines were “bodies” not adding value to the process.
Meanwhile, the finance minister said that although ZImra was empowered under the Income Tax Act, to collect revenue from miners operating in the country, some of its officials were last week chased away by Mbada Diamonds when they attempted to do so.
“I am dealing with a case where at Mbada ...Zimra were told to go away,” Biti said.
Zimbabwe’s Treasury had received $35,1 million in the first quarter of the year from diamond mining against the target of $169 million.
Anjin failed to remit any funds to the Treasury despite being the largest miner operating in the diamond rich fields.
Four companies—Anjin, Mbada, Diamond Mining Corporation and Marange Resources—are mining diamonds in Marange.
Harare was expecting to generate $600 million from diamond this year but this target appeared to be a damp-squib.

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