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

Smolensk Kristall sells large stock of rough diamonds in Antwerp

23 september 2014
Russian major diamond manufacturer Kristall is selling a $40 mln bulk of rough diamonds in Antwerp, Belgian sources in the industry say.
According to market participants, Kristall monthly purchases $10-15 mln raw material. The stock for selling has probably been formed during the year.  
"In the first half of the year diamond prices increased almost in all categories and it was reasonable to stockpile. Since the end of the summer prices stopped growing. Evidently, Kristall gets rid of stock to ensure liquidity for future operation," - one of the participants thinks.
The source went on saying that Kristall might even get premium on selling the diamonds if it is ALROSA's raw material. Diamond miner reduced rough diamond sales since spring due to maintenance work on two of its facilities. Consequently, Russian boxes were in deficit on the market.

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