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

De Beers eyes new diamond stores in China

01 june 2012

De Beers’ jewellery business planned to open at least five new stores in China this year, a senior company official has said.
Group chief executive Philippe Mellier said that their joint venture with Louis Vuitton, LVMH Moet Hennessy, now had 49 stores around the world.
“…this year we plan to open at least five new stores in China and we're also upgrading existing facilities,” he was quoted as saying by Mining Weekly.
Meanwhile, Mellier said that De Beers needed to look along the entire value chain for growth opportunities.
He said global diamond polishing had decreased by 15 percent between 2007 and 2012, because of the ageing of mines and technical issues, while in the same period demand growth, stimulated mainly by China and India, had risen by 15 percent.
“So, you can understand why diamond prices are going to increase and why this is a very, very good business to be in,” Mellier said.
He also said that the prospect of mining growth in South Africa was hamstrung by the depletion of resources and whether or not to go underground at South Africa’s Venetia diamond mine had still to be decided.

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