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

Quality of Zim’s Marange diamonds dwindling - report

12 march 2014

Diamond miners operating in Zimbabwe’s Marange area said the quality of stones they are mining continues to go down.
One of the miners, Anjin was quoted by Reuters as saying that the decline had left it reeling in a financial quagmire.
"Our resources have dwindled, our revenues are down. The ore we are mining we are recovering low-grade diamonds, which are not fetching much on the market," Anjin board member Munyaradzi Machacha told a parliamentary committee.
"Right now the company is in the survival mode. We are really in serious financial problems. Our primary objective at the moment is to make sure the company survives."
Diamond Mining Company of Zimbabwe was also quoted as saying that its resources had dwindled.
The company was seeking new concessions from the government.
The Zimbabwean government had previously indicated that it was not willing to provide new concessions for the diamond miners.
President Robert Mugabe recently said that he would want to see one or two companies mining diamonds in Marange from the current five.
Meanwhile, Anjin, which was half owned by China's Anhui Foreign Economic Construction Group, said it produced 7.8-million carats of diamonds between 2010 and 2013.
Marange fields span 85,000 hectares and contain large deposits of alluvial and conglomerate diamonds, according to Reuters.

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