Analytics
DMCC advocates traceability to combat modern diamond industry challenges
The Dubai Multi Commodities Centre (DMCC) today has published its report on the important steps that the diamond industry as a whole can take in the fields of traceability and technology to tackle challenges its stakeholders are currently facing...
09 september 2024
ALROSA’s report comes amid symptoms of luxury segment consumption crisis
On August 12, ALROSA published its IFRS financial statements for H1 2024. Despite its abridged state which raised questions, it still sheds light on the state of the largest diamond miner and adds to understanding of the state of the diamond market.
02 september 2024
Expert reports
The “Diamond Dream” Is in Peril, Analyst Warns
(jckonline.com) - The future of the diamond market depends on natural gemstones maintaining their traditional allure, business analyst Pranay Narvekar, head of Pharos...
06 september 2024
Diamond Tech Companies’ Race to Trace Goods
(rapaport.com) - With the clock ticking to implement industry-wide tracking systems, the major players are pushing their platforms — but working together...
30 august 2024
Mercury could have an 11-mile underground layer of diamonds, researchers say
(edition.cnn.com) - A layer of diamonds up to 18 kilometers (11 miles) thick could be tucked below the surface of Mercury, the solar system’s smallest...
23 august 2024
News
UK Retail Jewelry Chain Ernest Jones Using Blockchain Technology in Diamond-Set Jewelry
Yesterday
Major UK jewelry chain Ernest Jones has introduced its Origin by Ernest Jones collection using the blockchain technology to give customers detailed information on the journey of the diamonds set in their jewelry.
Wesizwe to ramp up production at Bakubung underground mine in Q1 2025
Yesterday
JSE-listed platinum group metal (PGM) miner Wesizwe Platinum is set to ramp up production at its Bakubung mine in South Africa in the first quarter of 2025 after the underground critical infrastructure is completed.
Andrada joins forces with SQM to develop Namibia’s Lithium Ridge
Yesterday
Andrada Mining has partnered with one of the world's largest lithium chemical producers, Sociedad Química y Minera de Chile SA through its subsidiary SQM Australia (SQM) to develop the Lithium Ridge asset in Namibia’s Erongo region.
TAGS sells 80% of lots at Dubai tender in August
Yesterday
Trans Atlantic Gem Sales (TAGS) has summarized the results of its diamond tender held in Dubai at the end of August.
ALROSA’s subsidiary unearths 262-carat diamond at Ebelyakh deposit in Yakutia
09 september 2024
At the end of August, ALROSA’s subsidiary Anabar Diamonds mined a large gem-quality diamond weighing 262.5 carats at the Ebelyakh deposit of the Mayat mine in the Republic of Yakutia.
Chilean state-owned miner buys stake in Teck’s major copper project
09 september 2024
Chile’s state mining company Codelco has purchased a 10% stake in Quebrada Blanca mine from fellow state firm Enami for $520 million.
Alamos Gold advances economic study of high-grade underground deposit in Mexico
09 september 2024
Dual-listed Alamos Gold has published the results of internal economic study for the Puerto Del Aire (PDA) underground gold project in Mexico, indicating positive financials for the mine.
Australia’s Macmahon wins Indonesia mining contract
09 september 2024
Australian mining group Macmahon Holdings has won a bid to develop the Poboya gold project on the Indonesian island of Sulawesi.
Exclusive
Dr M'zée Fula Ngenge: Demand for considerable-sized diamonds stronger than ever
The African Diamond Council (ADC) chairperson Dr M'zée Fula Ngenge told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although overall global diamond prices have been somewhat soft, the demand for considerable-sized diamonds...
02 september 2024
Amplats sees prospects as a standalone company
Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred...
19 august 2024
WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges
Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major...
12 august 2024
Lyudmila Vysotskaya: Amber is a mystical stone, a living substance
Lyudmila Vysotskaya is a Kaliningrad-based amber artist and designer, expert, chairwoman of the Amber Academy and member of the Creative Union of Artists in Decorative and Applied Arts. This summer, visitors could admire the art works by Lyudmila Vysotskaya...
30 july 2024
De Beers shines light on budding jewellery designers
Diamond giant De Beers will this year conduct its bi-annual Shining Light Awards jewellery design competition. De Beers beneficiation manager Kagiso Fredericks told Rough & Polished's Mathew Nyaungwa in an exclusive interview they set aside 4.5 carats...
22 july 2024
