Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...

Yesterday

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

DTZ-OZGEO producing 1,000 ct per month at Zim concession - report

02 october 2012

DTZ-OZGEO, a joint venture between the Development Trust of Zimbabwe and a Russian company OZGEO, is currently producing 1,000 carats per month at its diamond concession in Chimanimani, Zimbabwe, which is currently under exploration.
Company director Ismail Shillaev was quoted by The Standard newspaper as saying that the monthly output reached the current levels last June from an average output of 250 carats per month.
“The highest price achieved on the market for our diamonds has been $120 per carat,” he said.
The preliminary results of the company’s first exploration phase had shown deposits of about 80,000 carats at the concession.
Shillaev said diamonds at their concession were of better quality when compared to those from Marange.
He, however, said that they were small in size and of low concentration.
“We have a different geological structure and different mineral age as compared to the [Marange] area,” he said.
“Our geological structure is of the upper layers of the Umkondo stratigraphy, unlike the [Marange] that lie above a granite.”
Shillaev said DTZ-OZGEO had obtained a Kimberley Process Certification (KPC) and would not like to lose it by engaging in illegal exports of diamonds.
“In short, we have put all security systems in place to make sure there are no leakages within the system and we work on a day-to-day basis with the [Zimbabwe Republic Police] Minerals Unit whose interest is to ensure there are no leakages of the precious stones,” he said.

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