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

DiaMondaine Diamantaires Club mulls diamond safari tours in southern Africa

DiaMondaine Diamantaires Club (DDC) is set to organise diamond safari tours in southern Africa, home to major diamond-producing countries. DDC founder Agnes Abdulahu told Rough&Polished’s Mathew Nyaungwa that the launch of the first diamond safari...

15 july 2024

Vladislav Zhdanov: Questions of efficiency and investment potential of diamond mining versus diamond growing pique keen interest

Vladislav Zhdanov is Professor at the National Research University Higher School of Economics (HSE). He told Rough&Polished about new researches into the effectiveness of diamond production methods.

02 july 2024

Why it's expensive to cut and polish diamonds in Africa? ADMA president António Oliveira has the answer

The African Diamond Manufacturers Association (ADMA) president António Oliveira told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that the lack of a robust infrastructure in Africa fails to accelerate and encourage manufacturing...

24 june 2024

Edahn Golan: IPO feasible but not Anglo’s preferred way to sell De Beers

Edahn Golan, owner of the eponymous Edahn Golan Diamond Research and Data, told Rough&Polished's Mathew Nyaungwa in an exclusive interview that while an IPO of De Beers is “feasible,"  he does not think this is a route Anglo American...

17 june 2024

Is copper market on timeout before a new breakthrough?

22 july 2024

Copper market is a favorite topic of industry analysts, and the latest example of BHP’s takeover bid for Anglo American shows that copper assets stand out in mining corporations’ portfolios and are the subject of keen interest from competitors. The closure of a giant mine in Panama in late 2023, as well as lower forecasts for the copper production by major miners and sanctions on Russian-origin metals have created persistent expectations of copper supply disruptions.

The last turn of Larisa Popugayeva’s ‘pyrope path’

16 july 2024

This year, the Russian diamond industry will celebrate a glorious anniversary, 70 years since the discovery of the first kimberlite pipe in the USSR called Zarnitsa (Summer Lightning). The kimberlite pipe was discovered on August 21, 1954 by Leningrad-based geologist Larisa Popugayeva, and this discovery had a huge effect on the USSR diamond industry and the world diamond market as a whole.

Prospects for lithium mining in Europe

09 july 2024

The European Union, the world’s main purveyor of the energy transition, is in dire need of the mineral raw materials required to ensure it. At the same time, the EU does its best to avoid dependency on China, Russia and other traditional suppliers amid the difficult geopolitical situation. In this regard, some EU countries have begun to revive the geological exploration and mining industries.

Politics and diamonds: Africa catches strays as G7, EU sanction Russia

01 july 2024

The Group of Seven (G7), an intergovernmental organisation, which consists of the world’s largest developed economies (Canada, France, Germany, Italy, Japan, the United Kingdom and the United States), worked together with the leaders of the European Union (EU) to impose sanctions on Russian diamonds.

Consumers disappointed with drop in LGD value – can natural diamonds reignite interest?

24 june 2024

It’s been the diamond and jewelry industry’s worst-kept secret for at least the past five years: lab-grown diamonds (LGDs) have almost no inherent value and become ever more worthless with time. The natural diamond trade has been warning that the value of lab grown diamonds (LGDs), from the moment they are produced, would fall dramatically.

De Beers trading on a rough patch

10 june 2024

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 recorded in 2022.

ALROSA and Angola: A farewell bow

03 june 2024

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 and representative event was attended by the members of the British House of Lords, ministers, representatives of the royal dynasties of a number of African states, and high-profile leaders of transnational corporations. Two months later, the Special Congressional Commendation for African-US cooperation in the development of the Africa-US relations was handed out at the International Forum on Afro-Caribbean Leadership (IFAL) held at the New York Hilton Midtown Hotel on the sidelines of the 78th Session of the United Nations General Assembly.

JCK Las Vegas Set to Show State Of U.S. And Other Markets

27 may 2024

It's that time of year again – the end of May and start of June means the JCK Las Vegas show has arrived. Along with the Hong Kong diamond and jewelry shows that take place in March and September, the huge Las Vegas fair is critical in determining the state of the global diamond and jewelry business.

How will the takeover of Anglo American and the sale of De Beers affect the diamond market?

13 may 2024

The potential takeover of Anglo American plc was one of the most widely discussed topics in the expert community analyzing commodity markets in May. Two mining giants, BHP Group Limited and Glencore plc, showed their interest in acquiring the company, and their market capitalization significantly exceeds that of the potential takeover target.

Corruption in mining sector puts a stain on green energy future

06 may 2024

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 to this goal.

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