News
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.
Today
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.
Today
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.
Today
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.
Today
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.
Today
More people are now opting for diamonds rather than plain gold jewellery, because they offer a greater investment opportunity and are trendier
15 september 2014
Rajiv Popley, Director of Popley Group, is well-known in the jewellery and watch sector in Mumbai. In the year 2006, Rajiv launched the first Indian boutiques for Tag Heuer and Omega. His passion for watches and luxury led him to build trade relations with Switzerland by fostering the Indo-Swiss society. Rajiv was also one of the first few to launch platinum jewellery India in association with Platinum Guild International. He has been promoting this rare metal for over a decade. In an interview with Rough&Polished, Rajiv sees the Indian jewellery market becoming more demand-driven with the younger generation playing a major part in the future.
De Beers opens door for non-sightholder diamond businesses
08 september 2014
De Beers said the proposed amendments to the group’s allocations model will involve a new method for determining Global Sightholder Sales’ rough diamond customer-base, with a simplified, compliance and demand-based customer qualification process being introduced.
The group’s head of media relations Lynette Gould told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that non-Sightholder diamond businesses that meet the compliance requirements, but have not demonstrated sufficient demand for primary source De Beers rough diamonds over a reference period, would be eligible to purchase the so-called Ex plan rough diamonds.
Silver Promotion Service can and should become the "Amazon" for silver jewelry – Michael Barlerin
01 september 2014
Silver jewelry sales in the U.S. saw a significant increase over the last year, according to a survey recently conducted for the Silver Institute’s Silver Promotion Service (SPS) in the United States. The average increase in 2013 for silver jewelry sales was 17%, findings from the survey showed. The Silver Promotion Service is the jewelry industry’s organization for silver, with a potential to become the "Amazon" for silver jewelry. SPS Director Michael Barlerin discusses the latest trends and shares his vision for silver jewelry in an exclusive interview with Rough&Polished.
Botswana Diamonds salutes JV partner Alrosa as ‘top’ targets drilling commences Sept
25 august 2014
Botswana Diamonds said its Sunland joint venture with the Russian diamond giant, Alrosa is proving to be fruitful. Company chairperson John Teeling told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that their strategy in Orapa, Botswana would have been different had they not partnered with the Russians. He also said that apart from its partnership with Alrosa, Botswana Diamonds believed that it was operating in the right area. Teeling noted that they had “excellent” indications that there are undiscovered kimberlites in Orapa.
Diamonds as a Commodity? Not a Problem - Sians Mussa
18 august 2014
Sians Mussa is President of the Italian Diamond Bourse. He began his career as diamond dealer in 1969. The Sians family has been active in the Diamond industry for 3 generations and has offices in Milan, Rome, Valenza, Tel Aviv and New York. President Sians currently works in his Italian office together with his two sons, David and Doni. President Sians discussed with Rough&Polished the role of diamond bourses, what diamond represents in modern society, and the status of the Italian jewellery industry.
What kind of impact may possible sanctions from U.S. and E.U. produce on jewelry community?
11 august 2014
The diamond and jewelry industries have repeatedly been through various ordeals. So, should the Russian jewelers be fearful for their business in the light of recent events? And will the Russian diamond industry turn to be a winner in some way in case of sanctions on the part of Europe or America? Rough&Polished addressed these questions to the heads of diamond industry companies.
We need to have close relations with bigger mining companies to get enough and timely rough supply - Navrattan Kothari
04 august 2014
A highly respected businessman held in high esteem in the Indian gems and jewellery industry, Mr. Navrattan Kothari, Chairman, KGK Group of India, has steered the conglomerate for over 50 years, with the Group now having grown into a world-class business empire. Under his guidance, the KGK Group, besides its underlying operations, funds many programs through a trust that looks into education of the underprivileged and provides healthcare facilities. Here, Mr. Kothari speaks to Rough&Polished about his initiation into the family business and his perception of the gem and jewellery business in India and all over the world as well.
Funding alluvial diamond operations a ‘hit and miss affair’: Rand Merchant Bank
28 july 2014
The Rand Merchant Bank (RNB) said that it is not comfortable funding alluvial diamond mining projects as they are highly risky. The bank’s business development director Henk de Hoop, who has an experience in funding diamond projects, told Rough & Polished’s Mathew Nyaungwa in an interview on the sidelines of the Botswana Resource Sector Conference held last month, in Gaborone that funding alluvial diamond operations is a “hit and miss affair”.
Diamond jewellery is definitely making a mark on gold loving customers
21 july 2014
Ishu Datwani, Founder, Anmol Jewellers is a man in a hurry. For a first generation jeweller, he learnt the ropes of the business in a short span of time and has not looked back since. While still in college, Ishu pursued a course at the Gemological Institute, armed with which he later established Anmol Jewellers in 1986. From then on, it was one fast race for this young entrepreneur, who with sheer grit and determination took the brand ‘Anmol Jewellers’ to unimaginable heights. Here, Ishu Datwani speaks to Rough&Polished in his inimitable style, about his early struggling days in the Indian jewellery market to the present day… and of course his dreams for the future.
As the world economies grow, the silver will absolutely grow - Michael DiRienzo, Executive Director of the Silver Institute
14 july 2014
The year of 2013 was marked by increased demand for silver. Jewelry demand rose 10 percent, while total demand for the metal went up by 13 percent. Michael DiRienzo, Executive Director of the Silver Institute based in the United States, told Rough&Polished about current trends in the silver market disclosing the aims pursued by his organization and its prospects.
