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

Marange diamonds poses no threat, they are of low quality - AWDC

13 december 2012

AWDC said although the volume of diamonds produced from Zimbabwe’s Marange have been high they remain a no threat to high quality gems produced in countries such as Russia.
Answering a question put forward by Rough & Polished during a webcast on whether Marange diamonds would have any impact on the diamond market in the long term, Antwerp World Diamond Centre chief executive Ari Epstein said they do not expect the ground to move as the quality of diamonds coming from the Zimbabwe deposit were very low.
“We are expecting [high] production from Marange to continue, however let’s not forget that the quality of diamonds coming from Marange are quite low,” he said.
“This means that it will not in any way affect production from Russia for example, where high quality diamonds are produced. So indeed in volume it can be quite significant but in value not.”
Epstein also said that because of their low quality they do not think that Marange diamonds would affect the pricing of diamonds as claimed by some analysts.
Meanwhile, Bain & Company’s principal Olya Linde said African consumers were getting more and more interested in luxury goods.
However, she said it was highly unlikely that the continent would be a major driver of diamond jewellery sales as was the case with emerging markets such as China and India.
“Historically Africa has not been a major consumer of diamonds because of very low income levels,” she said.
“We do not expect Africa to be a major driver [of demand] for diamonds.”

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