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

Rio Tinto appeals for expediting approval for diamond mine project

13 january 2014

Rio Tinto has approached the Indian Government’s Project Monitoring Group, a special cell created in the Cabinet Secretariat for fast-tracking the commissioning of large projects, to expedite the pace of approvals for its Rs 2,200 crore diamond mining project in the Bundelkhand area of Madhya Pradesh. A Prospecting License was granted to ACC Rio Tinto Exploration Ltd in 2006 and 2007 for an area spread over 90 sq km, and in early 2012, and the state government issued the "Letter of Intent" paving the way for seeking other approvals.
According to reports, Rio Tinto's Bunder mine has kimberlite grade diamonds worth 27. 5 million carats, which is estimated to be seven times richer than the Panna diamond mine of state-run NMDC Limited, with a likely production rate of at least 20 times greater than that of Panna. When the project gets on stream, Madhya Pradesh could rank among the top 10 diamond producing regions of the world in volume and value terms. "However, it would be another three years before we begin full-fledged exploration. We are waiting for the mining lease and environmental clearance. We expect the mine to be operational by 2016-17," Rio Tinto India's country chief Nik Senapati said. He said the firm has submitted its diamond mine project to the Project Monitoring Group, to ease out hurdles impeding its implementation.

Aruna Gaitonde, Rough&Polished, Mumbai