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 realises $11.3 mln from Kao rough diamonds tender

07 december 2012

Namakwa Diamonds’ recent sale of rough from the Kao Mine in Lesotho has helped it realise revenues of about $11.25 million, the miner said.
The Antwerp tender, through Fusion Alternatives took place between 27 November and 4 December 2012.
It included some “magnificent stones” including an “exquisite” 88.54 carat D colour stone, a 43.01 carat D colour stone, a 1.72 carat yellow stone and a 0.70 carat vivid pink stone all of which fetched strong prices.
Namakwa said in a statement that all 80 lots offered, totalling 29,278 carats at an average diamond size of 0.2 carats per stone, were sold at an average selling price of $384.40 per carat.
The 100 percent sell through achieved, again reflects the strong demand for Kao product, it said.
“The sixth Antwerp tender of Kao product, and eleventh since January 2012, has been the largest to date,” said Namakwa chief executive Theo Botoulas.
“We have now sold a total of 167,450 carats from Kao Mine production, generating $49.55 million in revenues for the company.”

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