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

Angola’s Catoca reduces annual revenue forecast

30 july 2012

Angola’s Catoca diamond mine has lowered its annual revenue forecast to $400 million from between $500 million and 550 million.
Angolan news agency, Angop quoted company director Jose Ganga Jr as saying that the revised revenue forecast came after diamond sales dropped about 5 percent in the first half of the year.
He said the drop was caused by the financial crisis in Europe and the United States.
Catoca was currently producing an average of 500,000 carats a month, Ganga Jr said.
The mine near the northeastern town of Saurimo is operated by Sociedade Mineira de Catoca whose major shareholders are Russia’s ALROSA and Angola's state-owned diamond company Endiama EP.  
The Catoca kimberlite pipe was the fourth-largest diamond-rich rock formation on Earth in terms of surface area.

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