Tharisa meets FY2026 guidance, Karo Platinum fully funded as net debt swings to $51m

Tharisa has reported full-year production in line with guidance for both platinum group metals (PGMs) and chrome concentrates, while confirming its Karo Platinum project in Zimbabwe is now fully funded following a $300 million bond issue.

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Israel’s diamond sector poised for revival following tax reforms and De Beers comeback

De Beers, one of the world's major diamond market players, has announced the resumption of its operations in Israel after a nine-year absence, which became the latest sign of revival of the diamond industry in the country.

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Kefi Gold and Copper restarts Tulu Kapi development after safety review

Kefi Gold and Copper has resumed development at its Tulu Kapi gold project in Ethiopia following a suspension that began on September 7 after a serious safety incident three days earlier.

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Nornickel implements smart melt monitoring system

Norilsk Nickel has installed a smart melt monitoring system at its metallurgical plant in Norilsk in collaboration with Reksoft. The system uses computer vision to assist the converter operator in identifying phases during the tapping process.

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ALROSA to help amplify Arctic agenda at UN

In preparation for the 31st UN Climate Change Conference (COP31), ALROSA experts and other stakeholders from Russia discussed a unified approach to strengthening the country’s position and the Arctic agenda at UN climate conferences.

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Legal framework should predominantly be aimed at creating equal conditions for doing business

22 june 2015

Flun Gumerov is the President of Almaz-Holding, a jewelry company based and operating in Russia (it has been working in the Russian market since 1993 and is one of the leading firms in the country). He is also a member of the Kostroma Regional Duma (Parliament) and a member of Business Russia, which is an all-Russia social action organization. Being one of the participants of the Expert Council within the State Duma Committee on Natural Resources, Environmental Management and Ecology he combines this work with his activity as a member of the General Council of the Russian Jewelers Guild. Flun Gumerov was awarded the Honor Badge “150th Anniversary of Mikhail Perkhin” by the Commemorative Foundation of Karl Faberge for his outstanding contribution to the development of Russian jewelry art.

Fabio D'Amico: We do not allow neither overgrading nor undergrading

15 june 2015

Fabio D'Amico, CEO of Milan-based Gemological Education Certification Institute (GECI) told about the work performed by his Institute and in particular about the services it offers in his interview to Rough&Polished.

To start an e-commerce venture, it is very important to stick to the quality and assurance

08 june 2015

akshay_kothari_x.jpgAkshay Kothari is the Founder and CEO of www.hsk.in, an e-commerce portal, which sells diamond jewellery across India. Having completed his graduation from H.R. College, Mumbai and specialization in Jewellery Gemologist from GIA, Carlsbad, he joined his family business of diamond jewellery manufacturing in Mumbai. With almost a decade experience in the field, Akshay is a second-generation jeweller with a creative bent of mind. Under his supervision,’Hema S. Kothari’ has seen exponential growth from being a small household jeweller to a designer jewellery label. Speaking with Rough&Polished, Akshay shares his plans for the future in the very competitive arena of e-commerce, which is getting crowded by the day.

Abbey Chikane’s prescription on diamond beneficiation in southern Africa

01 june 2015

abbey_chikane_preview.jpgSouthern African countries – where the bulk of the world’s diamonds are produced – have been pushing for accelerated efforts to beneficiate rough stones in a bid to derive maximum benefits from the gems. The majority of the stones produced in these countries, which include Angola, Botswana, Lesotho, Namibia, South Africa and Zimbabwe, are exported leaving insignificant figures for local beneficiation. The first KP chairperson Abbey Chikane told Rough & Polished’s African Bureau Editor In Chief, Mathew Nyaungwa that for diamond beneficiation to be a success in southern Africa there was need for constant supply of rough, access to capital, technology and markets as well as energy.

Gemstone dealers are richer than us, Tanzania small scale miners mourn

25 may 2015

olam_mustapha_x.jpgTanzania’s Tanga Small Scale Miners Association said it is not happy with the manner in which gemstone dealers in the East African country are profiteering from their hardwork. The association chairperson Olam Mustapha told Rough & Polished’s Mathew Nyaungwa on the sidelines of the Arusha Gem Fair in Tanzania last month that the dealers were buying stones for as low as $10 per gram and then obtain $100 per gram or even $200 per gram when the same stones are sold abroad. Below are excerpts of the interview.

Demand for diamond jewelry has traditionally been and will be there in spite of crisis situations

18 may 2015

valeri_ilyinykh_x.jpgUralskaya Yuvelirnaya Kompaniya (Ural Jewellery Company), Yekaterinburg, holds strong positions on the Russian jewellery market and specializes in the manufacture and wholesale of trendy and classic jewellery made of precious metals, precious and semi-precious gems. Along with exclusive jewellery studded with precious gems, it manufactures big lots of inexpensive and quality jewellery. It has a reputation of a reliable and responsible partner. Valery Ilyinykh, the company’s CEO, gave his answers to questions from Rough&Polished.

Mira Gulati, Founder and Principal Designer of Mirari

12 may 2015

mira_gulati_x.jpgA trained jewellery designer and gemologist from the Gemological Institute of America (GIA), Mira Gulati created the brand ‘Mirari’ to cater to India’s growing demand for luxury jewellery with a contemporary edge, as well as the international market’s craving for aesthetic of the Indian classic treasures. Even before embarking on this journey, Mira worked at several jewellery stores in California to develop her skills in sales, operations, security and dealing with clients. Armed with education and experience, Mira ventured confidently into the business of her dreams.

Valeri Kochetkov: To Make Russian Jewellery Art a Brand Similar to Russian Ballet - As It Once Used To Be

05 may 2015

valeri_kochetkov_x.jpgThe jewellery produced by Lazurit & K attracts the attention of visitors at the exhibitions and fairs where it is given awards and diplomas. On its website, this jewellery company is presented as follows: “We have our own manufacturing facility in Moscow. We co-operate with renowned jewelers and observe the traditions of the Russian jewellery school. Our jewelry is hand-made and undergoes a full production cycle starting from design sketches to producing final jewelry goods. We use high quality polished diamonds from Yakutia having conformance certificates. Every jewelry piece we make has a lifetime guarantee and a quality certificate. Our jewelry collections are released in limited editions.” Valeri Kochetkov, СЕО and founder of this family business having its own jewellery-manufacturing workshop, answered the questions from Rough&Polished.

Gaetano Cavalieri: I expect our industry to experience steady growth, but not at the pace of the past few years

27 april 2015

gaetano_cavalieri_preview.jpgThe World Jewellery Confederation (CIBJO) represents the entire jewelry industry embracing a whole variety of companies, from those mining precious metals and gems to those, which are manufacturing and selling final products. The confederation members are national jewelry associations from more than 40 countries, including Russia. In 2006, the CIBJO was the only organization granted the official status of a consultant to the UN Economic and Social Council on the development of the global jewelry industry. Gaetano Cavalieri, President of CIBJO, has kindly agreed to give this interview to Rough&Polished and to talk about his vision of the situation in the diamond industry.

Investments that Make One Beautiful and Happy

20 april 2015

svetlana_maximova_x.jpgSvetlana Maksimova, CEO of the Casting-House jewellery company (with the office in the Triumfalny trade centre, specializes in the designer items using high quality Yakutian diamonds with their origin being beyond any doubts and their cut flawless). She is a founder of the Yakutian polished diamonds trademark (Yakutskiye Brillianty). She has graduated from the Yakutian State University and the Far-Eastern Institute of Psychology and Psychoanalysis. She worked as a Senior Deputy Director General at the diamond cutting and polishing Tuimaada Diamond company, AK ALROSA (in the Centre for co-operation with cutting and jewellery companies) and also as a Director of the Almazny Dvor (Diamond House) trading and exhibition centre and a Director General of the Diamond Club of Russia.