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 cancels Gye Nyame’s diamond mining licence in Marange

06 may 2014

The Zimbabwean government has cancelled a mining licence of a Ghanaian diamond mining firm, Gye Nyame Resources, for failing to perform to expectations on the concessions it was allocated in Marange.
“We have withdrawn the Gye Nyame licence purely because of non-performance. We will take two mining concessions because they do not belong to anyone. All other concessions will fall under Marange Resources,” Mines minister Walter Chidhakwa was quoted as saying by a local financial news agency, The Source.
The firm was at the centre of a bribery scandal last September when President Robert Mugabe claimed that former Zimbabwe Mining Development Corporation (ZMDC) chairperson Goodwills Masimirembwa had demanded $6 million in bribes to facilitate the Ghanaians’ entry into Marange.
Mugabe recently cleared Masimirembwa of any wrongdoing saying the Ghanaians had lied to his officials.
Chidhakwa recently said that Harare wanted only one or two diamond companies to remain operating in Marange to improve revenue inflows and transparency.
Other companies mining diamonds in Marange were Anjin Investments, Diamond Mining Company, Jinan, Kusena, Marange Resources and Mbada Diamonds.
ZMDC entered into 50-50 joint ventures with the companies (except Marange Resources, which it wholly owns).

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