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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Sale of State-Owned Shares will Strengthen ALROSA - Ari Epstein

07 october 2013

Ari Epstein, CEO of the Antwerp World Diamond Centre (AWDC) in his interview to Rough&Polished commented on the transition of De Beers to forward rough supply contracts, dwelled on the problems of generic marketing and financing the diamond industry, as well as described the current situation in the diamond market.

The company should do what it can, what it was created for - mine diamonds

30 september 2013

Vladimir Dyukarev, who served as First Vice President - General Director of ALROSA from 1995 to 2002, gave this interview to Rough&Polished, where he shared his views on the company’s work.

Vinod Hyagriv: “There is now scope for new brands in the fashion sector of gems and jewellery. That may be a silver lining in this chaos”

23 september 2013

Vinod Hyagriv, the Managing Director of C.Krishniah Chetty & Sons (Bengaluru), is a multifaceted businessman. He is a Director of the World Diamond Council, Past Chairman of the All India Gems & Jewellery Trade Federation (GJF), Chairman of the Legal Committee, GJF, Member of the World Presidents Organisation and Director of the Gem & Jewellery Sector Skills Council of India. Stepping into his family business in 1981, he has been instrumental in taking the ‘C.Krishniah & Sons’ brand forward. In an interview with Rough & Polished, Vinod Hyagriv spoke at length about his company; the current market condition; and the Indian gem and jewellery industry on the whole.

RJC membership and certification are a means to credibly demonstrate responsible environmental, social and ethical performance – Michael Rae, RJC’s CEO

16 september 2013

Today, a company's ability to demonstrate social responsibility of its business is needed as much as its financial statements verified by auditors. The Responsible Jewellery Council (RJC), covering all parts of the jewellery supply chain from mine to store, is developing standards and providing certification, which confirms the compliance of companies with social, environmental and ethical standards. RJC, established in 2005 with the participation of major jewellery companies and associations, including Rio Tinto, Tiffany & Co, Zale Corporation, Cartier and BHP Billiton, has more than 450 member companies. Michael Rae, its Chief Executive Officer, tells about the activities and plans pursued by the Council in an interview to Olga Patseva, correspondent of Rough&Polished.

Gagik Gevorkyan: "We call upon the Russian jeweler community to unite"

09 september 2013

At the end of this week Moscow will see the opening of the International Jewelry Economic Forum, which pursues the aim to assist in the development of the Russian jewelry industry and enhance its role in shaping the international image of Russia as one of the world's leading fashion centers. The participants of this event will discuss such issues as the role of the state in the development of the jewelry industry, legal regulation in the field of precious metals and precious stones, specific features of modern investment policy in the jewelry industry and others. In his interview to Rough&Polished Gagik Gevorkyan, Chairman of the Russian Jewelers Guild Association told about the upcoming activities at the jewelry forum.

Our aim is to drive the process of integrating new technologies into the existing market to a "point of visibility" - DGTS.RU

02 september 2013

The Russian market of precious stones was joined by a new player, which immediately attracted attention having suggested a range of innovative services. The DGTS.RU Company is actually an ongoing auction engaged in purchasing and selling certified polished diamonds and other precious stones, using a specialized online trading platform based in Russia where legal entities and individuals registered and accredited at the auction may act as buyers and sellers. In an interview to Rough&Polished Evgeni Zyablov, the chief ideologist of the project and Member of the DGTS.RU and Art Consulting Boards of Directors told about the work of this company.

The global diamond market is suffering from the lack of liquidity in large manufacturing centers - Leibish Polnauer

26 august 2013

For over 32 years Leibish & Co. has been at the forefront of the natural fancy colored diamonds trade. The company manufactures collection pieces and unique designs of fine, multicolor diamond jewelry. Leibish & Co. has built a steady base of loyal international clientele who keep returning because Leibish & Co. is continuously exceeding customer expectations. In 1995, Leibish & Co. launched www.fancydiamonds.net in order to utilize the Internet as an effective sales, marketing and service channel for their international customers. Leibish Polnauer, President of Leibish & Co., has kindly agreed to give an express-interview to Rough&Polished.

The knowledge and awareness about gold diamond jewellery has increased and so has the consumption - Rajesh Lakhani

19 august 2013

KIRAN, the world’s largest manufacturer of polished diamonds, runs 138 factories employing a workforce of 31,000 skilled professionals annually turning out 1.61 million carats of white diamonds. The company is also engaged in jewelry production hatching over 1,000 jewelry businesses across the world, which makes it one of the top five jewellery vendors in the United States. Rajesh Lakhani, Vice President of Kiran Gems Private Limited (KGPL), interviewed by our correspondent in India Aruna Gaitonde told about the situation in diamond and jewelry manufacturing influenced by the rupee slide and layoffs, described the transformations going on in the Indian market and commented on jewelry branding and demand.

Alex Popov: The objective of the World Diamond Mark program is to help raise the price of diamonds

12 august 2013

Last year, the World Federation of Diamond Bourses (WFDB) announced a new partnership initiative - the World Diamond Mark, a non-profit organization supposed to be the new marketing arm of the entire diamond and diamond jewellery sector, with the unique mission to ensure the health and future growth of the industry in the luxury segment. Alex Popov, recently elected Chairman of the World Diamond Mark Foundation (WDMF), gave this interview to Rough&Polished just before his departure to India for a series of talks with the top management of the Indian diamond, gem and jewellery industry and trade about the implementation of the World Diamond Mark programme.

Pangolin to lure diamond major should Botswana kimbelites prove economically viable

05 august 2013

Pangolin Diamonds, which recently discovered two kimberlites at its wholly-owned Tsabong North project, in Botswana said it will partner a diamond major if the kimberlites are declared economical. Company chairperson Leon Daniels told Rough & Polished’s African Bureau Editor In Chief, Mathew Nyaungwa last month on the sidelines of the Botswana Resource Conference that the first kimberlite, which was recovered last May is over 20 hectares in size. He also said that it was too early to conclude that the 20 ha kimberlite was a major find in Botswana.