Analytics
Corruption in mining sector puts a stain on green energy future
Apparently, the world is moving in a new direction in terms of its energy needs, starting to embrace carbon neutrality and trying to combat climate change. Even though these new developments are off to a slow start, considerable resources are being allocated...
06 may 2024
Blockchain as a new tax on the diamond industry
After Russian rough and polished diamonds were given the ‘persona non grata’ status by the G7 countries, the efforts of the established market players have been and are aimed at ‘sifting the wheat from the chaff’ - how to reliably segregate the ‘bad’...
22 april 2024
Expert reports
What’s Causing China’s Diamond Slump?
(rapaport.com) - In mid-2023, as China’s real-estate crisis lingered, property firms started to offer gold bars as an incentive to buy their apartments. The property slump, along...
02 may 2024
Guarding bullion: Mineral extraction tax on gold in Russia increases
(iz.ru) - The Council of Federation has approved the law on increasing the mineral extraction tax (MET) on gold. It is aimed at offsetting the losses...
24 april 2024
Green Hydrogen Will Become The 21st Century Version Of Oil
(forbes.com) - When green hydrogen gets its legs, it will become the ‘new oil’—the energy source that drives the global...
19 april 2024
News
Global gold demand up 3% in Q1 2024 - WGC
Yesterday
According to the Gold Demand Trends report by the World Gold Council (WGC), global gold consumption increased 3% in the first quarter of 2024 to 1,238 tonnes, marking it as the strongest first quarter since 2016.
KEFI makes good progress at Ethiopia’s Tulu Kapi gold project
Yesterday
KEFI Gold and Copper says the remaining finance syndicate board processes are on track for final approvals this month, while project launch preparations have commenced at the Tulu Kapi gold project in Ethiopia.
Saudi Arabia holds talks with Pakistan on Reko Diq gold-copper project stake
Yesterday
Saudi mining company Manara Minerals is holding talks in Islamabad to buy a stake in Pakistan's Reko Diq gold-copper project, the Pakistani government announced.
Copper 360’s underground copper mine to open ahead of schedule
Yesterday
Copper 360’s first development underground at the Rietberg Mine in South Africa is set to commence within the first half of the year, about three months ahead of schedule.
Orion makes significant steps to become a new mid-tier ASX/JSE-listed copper producer
07 may 2024
Orion Minerals has reached the final stages of its acquisition of a controlling interest in the Okiep Copper Project (OCP) in the Northern Cape Province of South Africa.
Harmony reports a fatality at Doornkop mine
07 may 2024
Harmony Gold Mining says one of its employees tragically lost his life, following a fall-of-the-ground incident at its Doornkop mine, in Soweto, Gauteng Province, South Africa, on May 2.
BHP senior executives off to South Africa to gain local support for Anglo bid
07 may 2024
BHP Group has dispatched a group of senior executives to South Africa to gain the support of local shareholders, government officials, and regulators, according to media reports.
Atlantic becomes the first lithium company to trade on Ghana Stock Exchange
07 may 2024
Atlantic Lithium has received approval from the Ghana Stock Exchange (GSE)’s listing committee and Ghana's Securities and Exchange Commission (SEC) to list the company's ordinary shares by introduction on the main market of the GSE.
Exclusive
Zimnisky: Diamonds are incongruent with Anglo's longer-term strategy of focusing on commodities for green infrastructure
It was recently reported that the diversified miner Anglo American, which is subject to a takeover by BHP Group for $39 billion, is considering selling its subsidiary De Beers. New York-based independent diamond and jewellery analyst Paul Zimnisky told...
06 may 2024
ODC managing director Mmetla Masire: We need to be responsible and not oversupply the market
Okavango Diamond Company (ODC) managing director Mmetla Masire told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that there is still a lot of inventory and there is a need for all players in the diamond industry to trade responsibly...
22 april 2024
Varvara Dmitrieva: The jewelry industry of Yakutia is distinguished by its creativity, unique cultural code and conservation of traditions
Varvara Dmitrieva, Associate Professor and Head of the Department of Precious Stones and Metals Processing Technologies of the North-Eastern Federal University, told Rough&Polished about the results of the Forum of jewelry Craftsmanship and the prospects...
16 april 2024
Valery Budny: There is no strategy and legislation in Russia enabling the full cycle processing of precious raw materials within the country
Valery Budny, Head of the Jewelry Russia program and CEO of the JUNWEX media holding, told Rough&Polished about the results of the meeting and pressing issues in the precious metals and precious stones (PMPS) and the jewelry sectors.
11 april 2024
Paul Zimnisky: Natural diamonds face the risk of eroding their appeal if constantly discounted
New York-based independent diamond and jewellery analyst and consultant Paul Zimnisky told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that the industry should do away with discounts. He said the industry should treat natural diamonds...
01 april 2024
