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...

Today

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

Gem Diamonds gets $25 million short term debt facility

31 january 2014

Gem Diamonds has received a $25 million short term debt facility from South Africa’s Nedbank Capital to complete the construction of its Ghaghoo Diamond Mine in Botswana.
Nedbank Capital said in a statement emailed to Rough & Polished that it acted as sole mandated lead arranger for the transaction.
“The Gem Diamonds Ghaghoo short term financing secures our participation in the longer term project financing in a low risk, politically stable region of Botswana, a country with mining as the main contributor to its national wealth,” said Nedbank Capital head of mining finance-international Nivaash Singh.
“Botswana also offers unique business opportunities within this sector, especially diamonds, which has been the mainstay of its economy for over 48 years.”
The Ghaghoo underground diamond mine was at an advanced stage of construction of phase one, with a total phase one resource estimated at 20.53 million carats and a production capacity of 720,000 tonnes per annum.
The Ghaghoo mine was forecasted to be fully operational by the fourth quarter of 2014.  

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