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

Zim slashes licence fees for diamond manufacturers

20 february 2014

The Zimbabwean government has reduced licence fees for diamond polishing and cutting companies by 80 percent to encourage participation by local players.
Mines and Mining Development minister Walter Chidhakwa said the move to reduce the fees came after he met with players in the diamond polishing industry who complained about the $100,000 that was being charged per annual.
“We have reduced the fees from $100,000 to $20,000. We said investors do not make decisions over one year, but let the licence be a 10-year licence. We said we want you to create jobs,” he was quoted as saying by NewsDay.
Chidhakwa said Zimbabwe had more than 20 companies in the diamond polishing and cutting business that have equipment.
A local natural resources watchdog, Centre for Natural Resources Governance recently said Zimbabwe had a potential of earning $8 billion per annum if it beneficiates its rough diamonds.
CNRG was quoted as saying by a weekly newspaper, The Standard, that cutting and polishing of local gems would also create over 200,000 jobs.
It also said that the mines minister should declare a quota of 25 percent of rough diamonds to be cut and polished locally.

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