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

WFDB EXCO Meeting and Asian Summit conclude in Singapore

04 march 2014

The World Federation of Diamond Bourses (WFDB) concluded a two-day Executive Committee Meeting and Asian Summit in Singapore on the 27 and 28 February 2014. Presidents of Bourses from Australia, Belgium, India, Israel, Japan, Russia, Singapore, South Africa, Thailand and the USA were present as well guests from Korea and Malaysia, regional diamond community representatives and Alrosa.
WFDB President Ernest Blom addressed the fight against money laundering and international terrorism. “The WFDB will be introducing stringent compliance regarding KYS/KYC (Know your Supplier/Client)” – said Blom, “the introduction of this policy in all WFDB affiliated bourses will clearly identify the rogue elements attempting to tarnish the high standards of our trade”.
Addressing the synthetics issue, WFDB adopted a methodology to be immediately implemented, where all affiliated bourse members will be required to incorporate a statement on their invoices and memos that clearly defines the natural origin of diamonds. The measure requires the buyer to share the responsibly with the seller for this compliance. Blom added, “There will be a zero-tolerance policy toward any attempt to sell synthetics as natural”.
The World Diamond Mark programme was extensively discussed. WFDB Executive Committee was pleased with the progress made in its development and the accelerated rollout. “From being a concept, WDM has become a product, that can be marketed WDM”, said Alex Popov, the WDMF chairman.
According to Ernest Blom, “World Diamond Mark programme that creates not only the most exciting marketing campaign for the diamond and diamond jewellery industry, but extends its arm to the diamond retailer through the introduction of the Authorised Diamond Dealer status.”

Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished