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 accrues $8.2 mln from latest diamond auction

18 september 2012

Namakwa Diamonds accrued $8.2 million from the recent sales of its rough diamonds from Kao Mine in Lesotho and South Africa.
It said in a statement emailed to Rough&Polished that all 75 lots offered - totalling 25,210 carats from Kao - were sold at an average price of $269 per carat.
The sale realised revenues of about $6.8 million.
“We are very pleased with the excellent results of the Antwerp tender. Even in the face of uncertain market conditions, the Kao tenders continue to achieve 100 per cent sell-through,” said Namakwa chief executive Theo Botoulas.
He said the diamond junior had since January 2012 sold a total of 112,221 carats from Kao Mine production in the nine tenders held to date, generating $31.4 million in revenues.
Meanwhile, Namakwa said a tender for diamond production from its South African subsidiaries realised revenues of about $1.4 million.
The North West production, totalling 2,099 carats, was sold at an average price of $657 per carat, with an average stone size of 0.55 carats, it said.
“The South African production continues to perform to expectation and revenues derived from it are delivering a strong platform for growth and expansion in the North West Province,” said Botoulas.

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