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

Firestone auction shows ‘continued strong demand’ for higher quality stones

26 july 2012

Firestone Diamonds said that the dollar per carat achieved during its latest dual tender in Gaborone and Antwerp demonstrates “continued strong demand” for higher quality stones whilst some pressure remained on the poorer quality and smaller stones.
A total of 45,773 carats were sold at the tender resulting in gross revenues of $4.14 million or $91 per carat, it said a statement emailed to Rough&Polished.
“The results of the dual tenders held in Gaborone and Antwerp are encouraging, especially when compared with the $71 per carat realised during the May 2012 tender,” said Firestone chief executive Tim Wilkes.
The tender included three large stones with an aggregate size of 138 carats as well as numerous fancy yellow diamonds with an aggregate size of about 500 carats.
Meanwhile, Firestone said that the Liqhobong pilot plant, in Lesotho had exceeded its forecast by 9 percent, treating 152 422 t in the second quarter of the year.
However, it recovered 49 240 carats during the period under consideration, lower-than-expected.
The grade was also 16 percent below target at 32.3 carats per hundred tonnes.
 Volumes were expected to improve following the completion of the latest plant modifications that were carried out during a second planned shutdown in the latter half of June.
 Wilkes stated that the shutdown went smoothly and that the plant was ramping up towards a steady state of about 2 000 tonnes per day.
He said the plant modifications would also reduce the breakage of the stones and enhance the recovery of larger stones.

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