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

Namakwa revises FY 2012 production target on lower Lesotho output

03 august 2012

Namakwa Diamonds has lowered its production target for the financial year 2012 from 150 000 carats to 120 000 carats due to weak output at its Kao Mine in Lesotho.
The London-listed diamond miner said in a statement that its new chief executive Theo Botoulas had been carrying out a technical review of all operations of the company, with the primary focus on the Kao Mine.  
Namakwa said the most important of these was the identification of operational inefficiencies in the current mining operation and in the metallurgical plant.  
“In order to address these issues and to secure sustainable long term production levels, short term production will be negatively impacted,” he said.
“Consequently, management deems it prudent to downgrade current market guidance on production for the 2012 financial year from 150,000 carats to 120, 000 carats.”

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