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.
Yesterday
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.
Yesterday
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.
Yesterday
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.
Yesterday
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.
Yesterday
De Beers expects moderate growth in diamond jewellery demand
20 may 2013
World’s leading diamond producer by value, De Beers said it is anticipating a reasonable growth in diamond jewellery demand this year. Group media relations manager Lynette Gould told Rough & Polished’s African Bureau Editor In Chief Mathew Nyaungwa that China would likely drive the growth. She, however, could not be drawn into providing the company’s projections for rough diamond prices, stating that these were reviewed on a sight to sigh basis.
Major factor constraining polished production in Yakutia is imperfect laws
13 may 2013
The Diamond Council under the President of the Republic of Sakha (Yakutia) has been functioning for over ten years. Its current Chairman Nyurgun Timofeev talks about the work and plans of this agency in an exclusive interview to Rough&Polished.
Zim lobby group insists on transparency in Marange diamond fields
06 may 2013
Zimbabwe’s Centre for Natural Resource and Governance (CNRG) said although it agrees with several issues that are contained in the country’s diamond policy, which was launched late last year, there is need to come up with measures that will enforce diamond mining companies, especially those operating in Marange to be transparent. The lobby group’s communications and advocacy coordinator Tafadzwa Kuvheya told our African Bureau Editor In Chief, Mathew Nyaungwa that diamond miners in Zimbabwe should publish contracts and agreements to ensure not only transparency but accountability.
At DMCC we intend to continue to innovate and to build international relations to enable everyone to trade with confidence
29 april 2013
Over the past ten years, Dubai has firmly secured a footing as a world diamond and jewelry manufacturing center. It is a huge commodity market and at the same time a free economic zone created by the Dubai government to develop the market trading in gold and precious metals, diamonds and precious stones, as well as to expand business activities of other industries. We asked a few questions to Ahmed Bin Sulayem, Executive Chairman of the Dubai Multi Commodities Centre.
Stephane Fischler: “Have no doubt, we are very determined to firmly retain and expand our leadership position”
22 april 2013
Stephane Fischler, President of the Antwerp World Diamond Centre (AWDC), in an exclusive interview to Rough & Polished spoke about the situation in the world diamond market and the priorities of the AWDC.
Why Botswana Diamonds abandoned its gem forage in Zim
15 april 2013
Botswana Diamonds, which previously showed a strong appetite for joining the bandwagon in Zimbabwe diamond exploration is now disenchanted. The diamond junior said it has no future plans of going back to Zimbabwe after its efforts to secure a diamond concession in Marange were frustrated by Harare. Company chairperson John Teeling told our African Bureau Editor In Chief Mathew Nyaungwa that the block they had signed up for in Marange was unilaterally given to a Chinese group.
Stephen Morisseau, GIA: Research is the foundation of our public benefit mission, and that mission defines our priorities
08 april 2013
Founded in 1931, the Gemological Institute of America (GIA) is the world’s foremost authority on diamonds, colored gemstones and pearls, and recently it was recognized as one of the most ethical organizations in the world. For over 80 years, GIA researchers continue to introduce innovations and implement the Institute’s primary mission - to strengthen and maintain public confidence and trust towards diamonds and gemstones around the world. Stephen Morisseau, GIA's Director of Public Relations, gave this interview to Rough & Polished.
Zim diamond mining deals with China should be transparent – Maguwu
01 april 2013
Zimbabwe recently reported the discovery of four kimberlitic pipes “rich in diamonds” in the remote area of Bikita. Disturbingly, the state-owned media reported last month that a consortium of Chinese and Zimbabwean firms registered as Nan Jiang Africa Resources has started exploiting the gems, build offices and houses for its employees without receiving a go ahead from the Ministry of Mines and Mining Development. Zimbabwe’s Center for Natural Resource Governance director Farai Maguwu told our African Bureau Editor in Chief, Mathew Nyaungwa that Zimbabwe's relationship with China can yield meaningful results if mining deals between the two countries are done in a transparent manner and for national interests.
Moti Israeli: Demand for diamonds as a commodity is still present and has not lost its image
25 march 2013
The diamond industry is not just mining rough diamonds and manufacturing polished. It is also trade in these gemstones. While there is its retail end to do the job when it comes to public at large, many jewelers, investors, collectors or buyers seeking something special turn to those in the industry who are able to satisfy their requirements – companies offering buying services based on their expertise. Moti Israeli Diamonds is one of them and says that making a decision between two diamond reports is as if reading a film script without watching the movie for choosing between two actual gemstones is the reality, which has no substitute. Moti Israeli, running a second-generation family business, gave this interview to Rough&Polished.
Helping Russia regain its right to be a member of world market for rare earth metals
21 march 2013
Igor Tikhov, Honorary Metallurgist of Russia, who was at the helm of Krastsvetmet, Russia's major producer of precious metals, for more than 11 years, sums up his work with the company, gives his assessment of what is being done by the new management team and talks about his new projects.
