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
Virtual Tour to BaselPreziose Factory
29 october 2012
It’s not every day that you hit the luck to visit and see a model jewelry factory where production is based on state-of-the-art technology. BaselPreziose, a jewelry manufacturer with more than 33 years of experience under its belt, has opened one of its factories in Sao Paolo, Brazil. The owners decided to invest into a top-notch jewelry factory and pulled it off 100%. Commercial director Rubens Coronho arranged a tour, during which he told Rough&Polished about the specifics of high-quality jewelry making.
Prices for polished diamonds have largely plateaued – De Beers
22 october 2012
De Beers said its October Sight showed that the diamond market had somewhat stabilised after going through rough times epitomized by low demand from struggling Sightholders. Head of Downstream Communications for De Beers Group, Nigel Simson, told Rough & Polished that polished prices appeared to have largely plateaued although there are still areas where demand is sluggish.
Costantino Papadimitriou: Our Design Gives Shape to Emotions
15 october 2012
Costantino Papadimitriou is General Manager at the Forevermark Design and Innovation Centre in Milan, Italy. He received Rough & Polished in his office and gave his take on the marketing strategy of the Forevermark brand and the status of diamond jewellery in general.
Dayekh Gems and Jewellery: Prices will have an upward trend in the middle and long term
08 october 2012
Antwerp’s Dayekh Gems and Jewellery is a family business that was started by its founder Hassan Dayekh in 1975. Currently, the company is run by his two sons, Alexander Dayekh and Tarek Dayekh. Alexander Dayekh, Managing Director of Dayekh Gems and Jewellery, has kindly agreed to give this interview to Rough & Polished and shared his views on the state of affairs in the diamond industry and its prospects.
Simon G: Consumers are willing to invest in a luxury piece if they believe the product is of value to them even if the times are tough
01 october 2012
Simon Ghanimian, Founder and President of Simon G. Jewelry, spoke to Rough&Polished about his jewelry products and the latest trends in the market. Over 20 years, the company was able to build a famous brand and grow to the team of 60 employees, which includes designers from all over the world.
Ilgiz Fazulzyanov: Excessive recourse to computer technologies will not lead to good results
24 september 2012
Ilgiz Fazulzyanov, a successful Russian jeweler artist, received the Grand Prix of International Jewellery Design Excellence Award in 2011, the results of which were reviewed at the world's leading jewelry exhibition in Hong Kong. The pendant made by Ilgiz Fazulzyanov, ‘Bullfinches,’ received the highest score of the jury for the beauty and originality of design, and of the 109 jewelers representing 21 countries, he was awarded the highest title - "Champion of Champions". Ilgiz Fazulzyanov, the only jeweler who was awarded the honor to exhibit and sell his works at Christie’s, answers the questions from Rough&Polished.
De Beers speaks on prevailing diamond market conditions
17 september 2012
The diamond industry struggled during the first half of the year owing to the euro zone debt crisis, sluggish economic recovery in the United States and depressed demand in Asia. De Beers head of media relations Lynette Gould told our African Bureau Editor-In-Chief Mathew Nyaungwa that trading conditions in the mid-stream were expected to remain challenging during the second half of 2012. However, she said a moderately positive growth in global diamond jewellery sales was anticipated for the full year 2012.
Maguwu: ‘I do not believe Marange diamonds are that cheap’
10 september 2012
The diamond export figures released by the Kimberley Process (KP) last August showed that Zimbabwe shipped 7.7 million carats of diamonds valued at $422.9 million. However, these figures were greeted with skepticism in the country. One of the cynics is the Centre for Research and Development Director Farai Maguwu. He told our African Bureau Editor In Chief, Mathew Nyaungwa in an exclusive interview that the KP figures were sourced from the Zimbabwean government and there is every reason for one to doubt their trueness.
Rubel & Ménasché: Hopefully, summer will ease everyone’s fears, leaving wholesalers hoping for a dynamic upcoming holiday season at the end of the year
03 september 2012
Stephan Wolzok, CEO of Rubel & Ménasché specializing in the supply of high-quality diamonds, described the situation in the French market in his answers to the questions from Rough&Polished.
Forevermark U.S. President: The U.S. is going to remain the single largest market for diamonds
27 august 2012
Charles Stanley, Forevermark U.S. President, talked with Rough&Polished about the new "Center of My Universe" design concept and its advertising campaign that Americans will see on TV, cinema, online and in-store beginning in November. He very generously took the time to discuss key trends in the diamond industry, why he believes in in-store, touch and feel shopping experience and why the U.S. is going to remain the single largest market for diamonds.
