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
Shawish - Lord of the Rings
16 december 2013
Shawish, a jewerly firm based in Geneva, got famous when it first appeared at Baselworld 2012 and produced a sensation presenting a unique diamond ring weighing 150 carats without metal parts or prongs, entirely cut from a large rough diamond, machined and faceted and turned into a flawless beauty. It was immediately the talk of the whole jewelry show and people flocked to see “The World’s First All-Diamond Ring” and this was a faultless kind of publicity, which attracted visitors to the entire collection of Shawish, which was on par with the world's best jewelry brands in design and quality.
We are interested in growth, but not just for the sake of getting more diamonds - Robert Gannicott
09 december 2013
Robert Gannicott, Chairman & CEO of Dominion Diamond Corporation gave this exclusive interview to Rough&Polished.
Anjin grapples with high costs of mining conglomerates in Marange
02 december 2013
Anjin Investments, a joint venture between a Chinese company and the Zimbabwe Mining Development Company (ZMDC) said it is grappling with high costs associated with mining a conglomeratic placer deposit. The company’s deputy general manager Gertrude Takawira told Rough & Polished’s African Bureau Editor-In-Chief Mathew Nyaungwa on the sidelines of the Zimbabwe Mining Indaba late September that although Anjin had the biggest mining concession, the presence of conglomeratic placer in the area had put their competitors within the area, a notch ahead, as they had large deposits of alluvial that were less costly to mine.
Cartels era ended - Ernie Blom
25 november 2013
The World Federation of Diamond Bourses (WFDB) was created in 1947 to protect the interests of its founders, advocating for the sustainable development of the market and cutting industry. Today, the largest organization in the world diamond industry brings together members from 28 affiliated bourses around the world. WFDB president Ernie Blom gave this interview to Rough&Polished, in which he spoke about the challenges facing his organization and described the current situation in the diamond market.
People do not buy jewelry in order to spend a lot of money. They buy jewelry in order to commemorate something that is very important in their lives - CEO of Charles Koll Jewellers
18 november 2013
The modern and creative jewelry store of Charles Koll Jewellers is located in San Diego, California. It features a jewelry manufacturing studio and a product gallery. A fully equipped manufacturing studio is separated from the jewelry store with transparent glass. Customers can observe and participate in the creation of their jewelry whilst enjoying coffee and mingling with the friendly staff. Named one of “America’s Coolest Stores” by InStoreMag.com, Charles Koll Jewellers is the jewelry store of the future. Malcolm Koll, CEO of Charles Koll Jewellers, answered questions from Rough&Polished in an exclusive interview.
State of diamond market and forecasts for its development will now have direct impact on capitalization of ALROSA - Maxim Shkadov
11 november 2013
The current year, not the best for the global diamond industry, witnessed a whole series of events and phenomena arousing discussions in the trade. Rough&Polished asked Maxim Shkadov, President of the International Diamond Manufacturers Association (IDMA) and CEO of Kristall Production Corporation, the largest diamond manufacturer in Russia and Europe, for comments. In his interview, he shared his thoughts on the recent IPO carried out by ALROSA, the reasons leading to a slowdown in the global diamond market and possible ways to overcome it.
Mugabe should have appointed commission to investigate ‘disappearance’ of diamond revenue – CNRG
05 november 2013
The recent moving of Zimbabwe’s mines and indigenisation ministers, Obert Mpofu and Saviour Kasukuwere, respectively was viewed by some people as a sign that President Robert Mugabe’s new government will seek to bring sanity to the diamond industry and soften its position on the much dreaded indigenization programme. However, Centre for Natural Resource Governance (CNRG) communications and advocacy officer Tafadzwa Kuvheya told Rough&Polished’s Editor in Chief of the African Bureau, Mathew Nyaungwa that they do not believe the moving of individuals from these ministries would bring much change if the policies are still intact.
Emergence of new players in the market will not change "balance of power" – Bain & Company
28 october 2013
Bain & Company, a leading global business consulting firm, offering solutions on issues of strategy and operations, works with over 2,700 major multinational corporations across every economic sector, including the diamond mining industry. Antwerp World Diamond Centre (AWDC) and Bain & Company recently released a third annual report, focusing more in detail on the dynamics of consumer demand across the globe. Olya Linde, Principal of the company’s Moscow Office, gave this interview to Rough&Polished.
Those who buy the most substantial quantities of rough have to have effective marketing and downstream knowledge of consumer demand - Mark Boston
21 october 2013
Mark Boston is the Chairman of H. Goldie & Company Limited, the oldest and most established diamond brokers in the world diamond industry. Mark Boston’s now over 40 year long voyage of discovery into the fascinating and often very challenging world of the international diamond business, started at the age of seventeen in 1962. He is a well known figure and held in high esteem in India, with the diamond industry members looking up to him as a friend, philosopher and guide; and more importantly as a well wisher of the Indian industry. In his interview to Aruna Gaitonde, our correspondent in Mumbai, Mark Boston talks about the problems now facing the diamond industry in India and worldwide.
We foresee the diamond and jewelry market turning the corner - Effy Hematian
14 october 2013
Effy Hematian, the founder of the Effy Company, came to New York in 1979 with his wife, son Benny and the experience in electrical engineering under his belt. Jewelry has always been a passion of Effy, who began to create his own designs and sell jewelry right out of a suitcase. Today, 30 years later, his company, Effy is known for its eclectic abundance of jewelry collections and its goods are sold by jewelry stores of leading retailers across the world from the Caribbean to Alaska. In an interview to Rough&Polished Effy Hematian shares his experience, plans and thoughts on the state of the market.
