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

Delisted Zimbabwe Cutters Stuck With Diamonds

27 june 2012

After the government of Zimbabwe increased the licensing fees for local diamond cutting and polishing companies, most of the firms were unable to make payment and as a consequence lost their licenses, Malaysian news agency Bernama reports cited by Israelidiamond.co.il. Without a valid license to cut or polish diamonds, a number of these firms are left with stock that they are unable to put to use.
Zimbabwe increased the annual licensing fee to $100,000, a increase of over 400%. As a result, the number of diamond companies performing value-added services decreased from 29 in 2011 to a mere six this year.
Some of the 23 delisted diamond companies are in talks with the Minerals Marketing Corporation of Zimbabwe to unload some of the rough diamonds that they are no longer permitted to legally process, said Singai Ndoro, treasurer of the Diamond Beneficiation Association of Zimbabwe.
Diamond beneficiation companies in the country claim that the increased fees Zimbabwe is imposing are too high in comparison to the fees levied in other neighboring African countries.