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
CIBJO: It was a good and well coordinated job
07 july 2014
Alla Nozhkina, Doctor of Engineering, Professor, Head of Research at the VNIIALMAZ laboratory, shared her opinion about the CIBJO Congress held last May in Moscow and about the problems discussed there at the Conference on synthetic diamonds. VNIIALMAZ is Russia’s leading institute in the field of research, development, production and use of natural and synthetic diamonds and diamond tools.
Lucara steps up efforts to recover undamaged large stones at Botswana’s Karowe mine
30 june 2014
Lucara Diamond, which wholly-owns Karowe Mine in Botswana through Boteti Mining, is undertaking a $50 million plant expansion at the mine located near Debswana’s Orapa mine. Company chief operating officer Paul Day told Rough & Polished in an interview on the sidelines of this year’s edition of the Botswana Resource Sector Conference that the expansion would be commissioned at the end of the first quarter next year. He said that the plant upgrade was designed at dealing with the ore the company encountered at depth, which has slightly different geological characteristics. Day also said that Lucara would put a very large diamond recovery circuit to enhance their ability to recover large diamonds in an undamaged state.
Ernest Blom: “We do not see synthetic stones as a threat”
23 june 2014
The World Federation of Diamond Bourses (WFDB) was established by the representatives of the diamond business at the Congress held in 1947 in Antwerp. A key task of this organization, in addition to providing a reliable trading platform and promoting international trade, is the implementation of arbitration functions. At present, the World Federation of Diamond Bourses has 28 members from 22 countries. WFDB President Ernest Blom talked to Rough&Polished in connection with the WFDB Charter adopted to counteract mixing of synthetic diamonds with natural stones.
There is a huge potential for colored gemstone jewelry in Indian market and Thailand can play a very important role in supplying jewelry to India
16 june 2014
I met Atul Jogani, President of the Indian-Thai Diamond and Color Stone Association at the Bangkok Gems & Jewelry Fair last February, when he spoke at the final press conference. In the ensuing interview to Rough&Polished, Mr. Jogani spoke about the work of his Association, which serves as a bridge between Indian and Thai jewelry and diamond industries and he also shared his view of prospects for cooperation between the two countries.
We believe in transparency and full disclosure - Govindbhai Dholakiya
09 june 2014
A legend in his own right, Govindbhai Laljibhai Dholakia, Chairman, Shree Ramkrishna Exports P. Ltd, is a self-made man. Having built the company from scratch to one of the leading players in the Indian diamond industry, Govindbhai is a businessman par excellence. And as a philanthropist, his contribution to social welfare with special focus on education is note-worthy, especially when he himself is a school dropout. Speaking at length with Rough & Polished, he comes across as an astute businessman, airing his views on all things business, with smatterings of philosophy. But his explanation of his experience at IIM & ISRO are the most endearing...
Design, originality and quality are crucial for the success of any collection - Avi Viezman
02 june 2014
Considered among the most interesting proposals at the latest VicenzaOro fairs in Italy, the recently born Annomis Jewellers is attracting quite an interest in the jewellery industry. Its collections feature a unique blend of design and diamond cutting skills. Rough&Polished reached out to Avi Viezman, responsible for the design and manufacturing of the Annomis collections, and discussed with him the ambitions of the company and the future perspectives for diamond jewellery.
Direct imports of rough diamonds from Russia to India are steadily growing – Vipul Shah
26 may 2014
On April 10, 2014, a ‘MoU’ was signed by Fyodor Andreev, President of ALROSA and Vipul Shah, Chairman of GJEPC, in Moscow. ALROSA and GJEPC agreed to exchange information on the development of the Indian and Russian diamond sectors, overviews of the diamond market, Indian and Russian diamond trade statistics, findings of the Indian diamond market research, to cooperate and exchange information on Kimberley Process issues and also to jointly work in ensuring segregation in the businesses of natural diamonds and diamond jewellery and synthetics.With this backdrop, Vipul Shah, who considers the ‘MoU’ as a historic moment, is positive about the future ventures between the two countries. On returning to Mumbai, he spoke to ‘Rough&Polished’, touching upon related topics including the crucial one of ‘direct rough supply ‘from ALROSA.
Gaetano Cavalieri: It will be our first congress in Russia, and I expect it to be a wonderful event
16 may 2014
The 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. In connection with the upcoming CIBJO Congress to be held in Moscow on May 17-21 Gaetano Cavalieri, President of CIBJO has kindly agreed to give this interview to Rough&Polished.
Epstein: We believe Antwerp is the ideal partner for Zimbabwe
12 may 2014
The lifting of sanctions by the European Union (EU) on Zimbabwe Mining Development Corporation (ZMDC) last September allowed Marange diamonds access to international markets. Despite the two successful Antwerp tenders, Harare announced that it was planning to have tenders at the Dubai and Shanghai diamond centres to accurately gauge their worth, raising suspicion that it was planning to sideline Antwerp. Our Editor in Chief of the African Bureau, Mathew Nyaungwa, got in touch with AWDC chief executive Ari Epstein to understand his reading of these developments.
India’s appetite for diamonds will never dry - Colin Shah
05 may 2014
Colin Shah is the Managing Director of Kama Schachter Jewelry Pvt. Ltd., a position he has held since inception. Colin established Kama Jewellery in the year 1996 and was responsible for the successful joint venture with Leo Schachter in 2007, to form the new company, Kama Schachter. In an interview with Rough&Polished, Colin expresses his confidence that India-made jewellery will establish a much stronger position in the global consuming markets in the future and that the local Indian market will grow by the day. And, does he think demand for diamonds in India will increase in future? ‘India’s appetite for diamonds will never dry’, he asserts...
