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

Trans Hex ups diamond output in Angola, profit seen dwarfing

25 october 2012

Trans Hex said it increased diamond output at its operations in Angola and South Africa during the six months ended September 2012.
It said in a statement that its Somiluana operations, in Angola, produced 22 600 carats during the period under consideration, compared with the 20 473 ct realised a year earlier.
However, Trans Hex noted that sales from the mine eased to $7.9-million compared with $9.8-million recorded during the six months ended September 2011.
It said diamond output from its South African operations also increased to 35 865 ct in 2012 from 33 199 carats a year earlier.
Sales jumped 21.6 from R272-million ($31 million) in September 2011, to R330.7-million ($37.7 million).
Meanwhile, Trans Hex said its profit after tax was expected to rise to R24.9-million ($2.8 million) in the period under review from R16.3-million ($1.9 million) in the 2011 six-month period.
The group said it was also expecting to report earnings per share of 31,6 cents  and headline earnings per share of 21,5 cents, both up from 1.6c a share in 2011.
Results for the six months ended September would be released on October 29.

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