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

Striking South African miners meet with platinum firms

27 january 2014

South Africa's main platinum miners union opened government-brokered talks with the world's top three platinum companies on Friday to end a wage strike that started to turn violent on its second day, Chicago Tribune reported citing Reuters.
Union leaders representing as many as 100,000 miners who walked off work on Thursday sat down with officials of the three firms that produce more than half the world's platinum, a metal used in catalytic converters in cars.
The three companies - Anglo American Platinum (Amplats), Impala Platinum and Lonmin - say union demands to more than double the miners' basic pay are "unaffordable and unrealistic."
The strike and fears of unrest hit the rand, pushing it through the psychologically key 11.0 to the dollar to levels last seen five years ago. Violence in the platinum sector could trigger a heavier sell-off in the currency.
The companies' talks with the hardline Association of Mineworkers and Construction Union (AMCU) were held under the auspices of South Africa's main commercial arbitration body, labor ministry spokesman Musi Zondi said.
"Obviously it would be good if something positive were to come out of it," he said.
The government stepped in to mediate the dispute and avoid damage to an already struggling economy and to the political standing of President Jacob Zuma and the ruling African National Congress (ANC), which faces general elections in three months.
Police reported several violent incidents, including the torching of a Chinese furniture shop in Marikana, a mining town near Rustenburg, and the barricading of roads with burning tires, stones and rubble. No arrests had been made.
The AMCU-affiliated workers say they will not call off the strike until their demand for a 12,500 rand ($1,100) a month minimum basic wage are met. Basic wages for miners are currently about 5,000 rand.
"There is nothing that can change our demands," prominent AMCU member Evans Ramokga told Reuters.