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

PureDiamonds secures $32 mln equity to develop Monastery kimberlite

14 november 2014
PureDiamonds Resources, a subsidiary of Thabex, has obtained a $32 million equity subscription facility from Lambert Private Equity.
It said in a statement that the funding would be used to develop the Monastery kimberlite project in the eastern Free State Province of South Africa and to continue evaluating growth opportunities in the region.
The three-year long agreement and fund drawdowns are subject to receipt of regulatory approvals.
"Our relationship with Lambert will also protect and benefit our shareholders over the long term by providing dilution control and the flexibility for near-market pricing on future financing once the intended listing of PureDiamonds Resources on the Alternative Investment Market (AIM) in London and dual listing on the JSE’s AltX market, have been completed," said PureDiamonds non-executive chairman Jeffry Rapoo.
PureDiamonds would pay Lambert a commitment fee by the issuance of shares, equal to 2 percent of the issued share capital.
Lambert and associates of the equity firm had agreed to subscribe for PureDiamonds shares through a series of drawdowns.

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