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 waiting for SA authorities to Okay Venetia expansion

24 july 2012

De Beers said it is waiting for the South African government’s go-ahead to move forward on its planned underground expansion at Venetia diamond mine.
Group chief executive Philippe Mellier was quoted by Mining Weekly as saying during a conference call that De Beers was “ready to go”.
The project had already received most of the shareholders' approval and, pending final shareholder formalities.
The proposed expansion of the current opencast diamond operations would extend the life-of-mine from 2021 by another 30 years to 2046.
It would also yield a further 100-million carats of diamonds over its lifetime.
De Beers expected to invest about $2.1-billion in the Venetia underground mine from now until 2021.
Meanwhile, the group, which is the world’s second diamond producer by volume after Russia’s ALROSA said its earnings halved in the first six months of the year due to harsh trading conditions.
Its profit before finance charges and taxation during the period under review was $502 million down from $1.02 billion realised a year earlier.
De Beers, which is set to be controlled by Anglo American after agreeing in November last year to buy out the Oppenheimer family’s 40 percent stake, said that the remainder of 2012 would remain challenging.

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