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 starts diamond aggregation in Botswana ahead of schedule

15 august 2012

De Beers commenced Tuesday the aggregation of its global diamond production, in Botswana’s capital Gaborone, two months ahead of schedule.
Until this week, aggregation had taken place in London for about 80 years.
The group said in a statement emailed to Rough & Polished that this development marked the delivery of the first phase of the migration of its sales activities to Botswana under a new sales agreement agreed on last year.
Botswana Vice President and Minister of Minerals, Energy and Water Resources, Ponatshego Kedikilwe said the move was a key milestone for the diamond industry in the southern African country.
“By shifting the centre of gravity of the diamond world here, we are bringing in more economic activity, more skills and more broad-based business opportunities to the country,” he said.
“We are also growing our international profile and establishing the kind of platform that all economies need for sustainable growth and diversification.”
De Beers chief executive Philippe Mellier also said that the group had worked hard to bring the aggregation of its worldwide production to Botswana ahead of schedule. 
“De Beers has always been committed to beneficiation in Botswana, but today, and over the next year, we will be changing our business to cement that commitment for the long term,” he said.
“Our focus is on providing our Sightholders with the continuity and quality of supply they expect while living up to our commitment to our partners to push beneficiation to greater levels than ever seen before.”
The process of aggregation, which involved the mixing of like-for-like diamonds from De Beers’ global production, was an integral part of the group’s business as it provided Sightholders with supply consistency.
The migration of aggregation was expected to see about $6 billion worth of diamonds flowing through Botswana.

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