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

Trans Hex records strong output, sales at Angola, SA diamond mines

19 february 2014

Trans Hex said year-to-date production at its 33 percent-owned Somiluana mine, in Angola amounted to 63,638 carats by the end of January.
On a year-to-year basis, the mine had produced 38,869 carats by end of February last year.
It said 35,779 carats were produced from the mine during the first six months of the financial year, while 27,859 carats were produced in the four-month period from October 2013 to January 2014.
Year-to-date production at the group’s South African operations amounted to 41,774 carats by the end of January, said Trans Hex.
During the first six months of the financial year, 21,849 carats were produced, while 19,925 carats were produced in the four-month period from October 2013 to January 2014.
Meanwhile, the group recorded strong sales of diamonds at the start of the year.
It said this reflected “healthy trading activity” in the rough diamond market and strong demand for its production.
The group’s February 2014 tender sale of South African production amounted to $9.8 million (7 124 carats at an average price of $1,379 per carat).
Five single stones were sold for more than $10,000 per carat, including one pink stone from Baken mine which sold for over $65,000 per carat.
Somiluana mine realised a total of $7.20 million for its December and January sales (14 557 carats at an average price of $495 per carat).

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