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

De Beers eyes 5pc annual rise in diamond prices

08 may 2014

One of he world’s largest diamond miners De Beers is planning to boost diamond prices 5 percent every year.
South Africa’s Mail & Guardian newspaper quoted the group chief executive Philippe Mellier as saying that the anticipated high demand for gems would help them meet parent Anglo American target for returns.
“We know the long-term trend, we know demand is going to be bigger than supply,” he said. “One of the objectives is more stable prices and to drive volatility out.”
Rough diamond prices rose by about 10 percent this year.
Anglo American, which owns 85 percent of De Beers, had asked its units to deliver a 15 percent return on capital by 2016.
“We have a plan to get there,” Mellier said. “My team is very focused. It’s our one objective, the objective.”
He said De Beers returned 10 percent on capital last year.
De Beers had already raised prices 5 percent and further increases were unlikely this year, Mail & Guardian reports.

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