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

Anglo shareholders want Carroll out despite ‘engineering’ De Beers takeover

15 august 2012

Anglo American’s chief executive Cynthia Carroll has been asked to step down by the company’s shareholders despite “engineering” the takeover over of global diamond miner, De Beers.
Anglo was set to acquire an additional 40 percent stake in De Beers for $5.1 billion taking its total shareholding in the diamond company to 85-percent.
Shareholders appeared more worried about the weakening of the company’s shares value than the success of the diamond deal.
The Daily Telegraph newspaper reported that shares in Anglo American were about 20 percent lower than when Carroll became the chief executive in 2007 and 45 percent lower than their peak in May 2008.
Shareholders, according to the paper, were also worried that the company’s poor performance had made it vulnerable to an opportunistic takeover.
"The company is suffering from bad execution, a poor strategy, and a crisis of confidence in the leadership," an unnamed shareholder was quoted as saying.
“We haven't been happy for a while but the last set of results was the coup de grace.”

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