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

Petra lifts H1 diamond output, revenue

24 january 2014

Petra Diamonds said its production for the six months ended 31 December 2013 increased 31 percent to 1.6 million from 1.2 million carats a year ago.
The miner, which has mines in South Africa and Tanzania said it was still on track to meet the financial year guidance of about 3 million carats.
Petra's first fiscal half revenue also leaped 19 percent to $185.5 million from $156.3 million a year earlier.
Strong second half revenue was expected due to the timing of Petra's diamond tenders and the sale proceeds from the exceptional 29.6 carat blue diamond recovered at the Cullinan mine, in South Africa.
“Petra has delivered a strong first half of the 2014 financial year, with production firmly on track to meet our original full year guidance of 3 million carats,” said group chief executive Johan Dippenaar in a statement.
“The rough diamond market has also strengthened over recent months and we expect this firmer market to continue into H2, when the larger part of our diamond sales for the year take place.”
He said the increased production and associated cashflows place Petra in a “robust” position as it continues to deliver on its growth plans to achieve 5 million carats annual production by FY 2019.

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