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

Brazil Minerals Receives Capital-Equipment Financing

16 january 2014

Diversified gold and diamond miner Brazil Minerals, Inc. (BMIX) has closed a transaction with a U.S. family trust in which it received funding directed at the purchase of capital equipment to primarily be used at its Mineração Duas Barras Ltda. (Duas Barras) gold and diamond mining property in the state of Minas Gerais in Brazil. The equipment purchased with these funds will be used to replace expensive rented equipment currently operating on the Duas Barras property, reported.
"With this capital equipment financing, we are able to buy pre-selected items of capital machinery, such as an excavator and a bulldozer. We will capitalize them on our balance sheet and eliminate monthly outflows from expensive rental machinery," says BMIX Chairman and CEO Marc Fogassa.
According to Fogassa, "both trustees of the family trust that invested in this transaction are highly experienced investors. I negotiated with one of them directly over the holidays and I am pleased that this financing came together quickly. Separately from the trust, these individuals manage an asset management firm with over $12 billion in assets under management."
As DIB previously reported, DMIX recently sold a parcel of GIA-graded polished diamonds from Duas Barras to a U.S.-based investor group for future delivery. Prior to this sale, BMIX says that it had only sold unpolished, rough diamonds as well as gold to local Brazilian buyers.