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

Lucapa raises over $5m to advance Angola’s Lulo diamond concession

11 april 2014

Lucapa Diamond Company has raised $5.5 million, less costs, through a share placement to advance its Lulo diamond concession in Angola.
It said in a statement that the placement was “heavily over-subscribed” and proceeds would also be used for working capital.
Lucapa said the placement was subject to the clearance of funds and involved issuing 917 million new ordinary shares, together with 458 million listed options at no further consideration on the basis of one option for every two placement shares.
The options, which are to be listed and exercisable at 1 cent each on or before August 29, 2015, remain subject to shareholder approval.
Meanwhile, Lucapa's board resolved that a resolution would be presented to shareholders at the annual general meeting on May 21 to consider a 30-to-1 consolidation of shares and options (both listed and unlisted) on a post-placement basis.
Subject to the consolidation being approved, the board also resolved to make an issue of loyalty options to shareholders, it said.
“Under the proposed terms of the loyalty options, shareholders will be entitled to one listed option for every two fully-paid ordinary Lucapa shares held on a post-consolidation basis, on the same exercise terms as above, for a consideration of $0.001 per option,” said Lucapa.

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