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
Despite crisis factors, ABN AMRO is convinced that on a longer term this will lead to a stronger diamond industry
20 august 2012
Erik Jensen, CEO of ABN AMRO International Diamond & Jewelry Group, answered the questions from our correspondent in Belgium.
Stephan Wolzok: We can all feel the instability, but it is only short term
13 august 2012
Rubel & Ménasché has been supplying the jewelry houses of Place Vendôme with high-end small diamond goods for over 50 years. The company’s specialty is extremely well-finished stones, which it offers to top jewelry brands the world over. Taking into account that it is also part of the Dali Diamond Group, a DTC sightholder, our correspondent in Brussels asked its CEO Stephan Wolzok to share his views on the current events in the diamond market.
Burhan Seber: The current “Supplier of Choice” system will probably change somewhat to meet the new realities
06 august 2012
Since 2001, Namibia became the natural choice of De Beers for the opening of one more DTC division - NDTC - and with time Namibia turned into one of the world’s diamond production centers. Having secured a solid position on the list of early sightholders of NDTC, Hardstone Processing established itself as a reliable and professional manufacturer of high quality diamonds in the course of five years. Burhan Seber, Managing Director of Hardstone Processing, agreed to take part in our analytic survey and here is what he said.
Dilip Mehta: “Fundamentals for the diamond industry remain strong. However, immediate future will be unclear due to unpredictable economic outlook in the short term.”
30 july 2012
Dilip Mehta, CEO of Rosy Blue, a long-time DTC sightholder and one of the world’s largest diamond manufacturers having close relationships with all the major mining houses, including De Beers and ALROSA, described the current state of the diamond market in his interview to our correspondent in Brussels.
Botswana still sees potential in diamonds despite need for diversification
23 july 2012
Rough & Polished’s Mathew Nyaungwa spoke to Botswana’s Minerals, Energy and Water Resources minister Ponatshego Kedikilwe who said that the new sales agreement reached with De Beers last year, was as an economic boon for the country. He said there would be economic gains to be realised in tourism, finance, the real estate and transport sectors.
Pamela Anderson: I'd like to come up with a jewelry line soon, talking to Palladium about doing this!
16 july 2012
World famous actress Pamela Anderson was spotted at the Palladium Alliance International booth at the annual Couture Show in Las Vegas. The former Baywatch star was welcomed to Las Vegas by swarms of fans who could not wait to get a glimpse of her. Anderson expressed her love for Palladium because it enables her to add statement pieces to her simple looks without feeling too weighed down. In an exclusive interview to Rough&Polished, Anderson told American Bureau Editor-in-Chief Olga Patseva that she wants to do her own jewelry line soon.
Dror Galili: I am optimistic and believe in the diamond market as a whole
09 july 2012
In the light of serious changes in the diamond market throughout this year, many in the diamond industry wonder what is coming next. Rough&Polished caught up with Dror Galili, currently a partner of VJ Designs and also a former Vice President, Business Development, of Almod Diamonds, a permanent NDTC sightholder, who agreed to comment on the events.
Conjuncture is going better in the diamond business and profitability is not dead
02 july 2012
Ari Epstein, CEO of Antwerp World Diamond Centre (AWDC), and Nishit Parikh, former President of AWDC, answered questions from the Rough&Polished correspondent in Brussels.
Namibia diamond manufacturing sector still in its infancy
25 june 2012
Namibia’s diamond manufacturing sector is yet to fully mature although there is an increase in the number of factories licensed to buy rough diamonds from Namibia Diamond Trading Company (NDTC). Kombadayedu Kampwanga, Secretary of the Diamond Manufacturers Association of Namibia, told Rough&Polished in an exclusive interview that the sector had also fully recovered from the global economic crisis of 2008/2009. He said most factories were now operating at almost full capacity.
Bain & Company: Demand for rough diamonds should return and surpass the level of 2006 in the next 10 years
18 june 2012
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. Olya Linde, Principal of the company’s Moscow Office, gave this interview to Rough&Polished.
