De Beers trading on a rough patch

De Beers, 85% owned by Anglo American, is arguably the world’s leading diamond mining company by value and second largest by volume after Russia's Alrosa. The miner produced 31.9 million carats in 2023, down 8% compared to 34.6 million carats...

10 june 2024

ALROSA and Angola: A farewell bow

In July 2023, a flagship recognition event African Business Leadership Awards (ABLA) established by the African Leadership Organization and the publishers of the African Leadership Magazine UK was held at the Dorchester Hotel in London. The glorious...

03 june 2024

Interview With Botswana President Mokgweetsi Masisi

( - At the JCK show in Las Vegas, Botswana’s president, Mokgweetsi Masisi, sat for an interview with JCK news director Rob Bates last Saturday, following...

14 june 2024

Fantasy becomes reality at our think-tanks

On the second day of the St. Petersburg International Economic Forum (SPIEF) held in the northern capital [of Russia] from June 5 to 8, Andrey Grachev, Vice-President of the Norilsk Nickel company, answered the Rossiyskaya Gazeta (RG) correspondent’s...

10 june 2024

Why Signet and De Beers Are Working Together on a New “Beacon”

( - Signet Jewelers and De Beers are launching a joint campaign to promote natural diamonds, built around a new “beacon” product reminiscent of...

06 june 2024

Ghana gold output jumped 8.3% in 2023 – report

14 june 2024

Ghana's gold production increased by 8.3% to 4 million ounces in 2023, according to data released by the Ghana Chamber of Mines.

Industrial giant Emirates Global Aluminium acquires German foundry Leichtmetall

14 june 2024

UAE industrial giant Emirates Global Aluminum (EGA) has completed the acquisition of Leichtmetall Aluminum Giesserei Hannover GmbH, a renowned German aluminum processing company. According to the press release, the purchase was fully funded with EGA’s first green loan facility.

South 32's Hotazel Manganese Mines, NUM ink wage agreement

14 june 2024

South 32's Hotazel Manganese Mines, a global diversified mining and metals firm, has reached a wage agreement with the National Union of Mineworkers (NUM) Kimberley Region.

Premium Nickel raises $20 mln for Botswana projects

14 june 2024

Premium Nickel Resources intends to raise C$27.5 million ($20 million) through an expanded private placement offer to finance the exploration and development of its mining properties in Botswana.

Antofagasta to invest $1.5b into water supply at Chilean mine

14 june 2024

Antofagasta has signed a $1.5 billion agreement to improve water transport system to its Centinela copper mine in Chile.

Versamet buys precious and base metals royalties portfolio from B2Gold

14 june 2024

Canada-based B2Gold has reported a sale of a portfolio of ten precious and base metals royalties valued at $90 million to Versamet Royalties in exchange for 153.2 million common shares of the latter.

Gemfields appoints ex-De Beers CEO as chairperson

13 june 2024

Gemfields has appointed Bruce Cleaver, a former De Beers chief executive as its board chairperson and an independent non-executive director.

Zambia expects KoBold to spend $2.3 billion on Zambia copper mine

13 june 2024

KoBold Metals, the mining exploration business backed by Bill Gates, has the potential to invest $2.3 billion in the development of a sizable new copper mine in Zambia, according to President Hakainde Hichilema citing figures from the company.

GemsCouture- avant-garde by Victor Moiseikin

Jewelry items and precious souvenirs of the MOISEIKIN jewelry brand are in the museums and private collections of world celebrities, representatives of the political and cultural elite - from Xi Jinping to the British Windsors, from Angela Merkel to...

05 june 2024

Oksana Senatorova: The trend is a decrease in regional jewelry retailers and an increase in large federal store chains

Oksana Senatorova has long been known in the Russian jewelry community as an expert in the jewelry market. During her visit to the Junwex New Russian Style exhibition held in May in St. Petersburg, Oksana Senatorova answered the Rough&Polished correspondent’s...

28 may 2024

De Beers collaborates with sightholders on carbon neutrality

In 2021 De Beers, which has operations in southern Africa and Canada, set an ambitious target of becoming carbon neutral by 2030. The diamond miner had been working with its rough diamond customers known as sightholders to understand their environmental...

20 may 2024

Dr M'zée Fula Ngenge: KP has an opportunity to deliver an updated definition of conflict diamonds

Dr M'zée Fula Ngenge told Rough&Polished’s Mathew Nyaungwa that the KP has the perfect set of circumstances to restore the certification scheme's credibility by backing, ushering in and implementing an effective traceability solution for the...

13 may 2024

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