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

Love will save the world - Aston Luxury Group

04 july 2011

At JCK Las Vegas held earlier this month in the United States our correspondent met with the representatives of Aston Luxury Group, a division of Gitanjali, one of the world's largest jewelry conglomerates. Jon Mitchell, President of Aston Luxury Group, shared his impression of his company's participation in the show describing its prospects in the U.S. market and abroad.

Paola De Luca: At JCK Las Vegas 2011 we have confirmation of things that we've forecasted before

04 july 2011

Paola De Luca, one of the world’s leading authorities on forecasting jewellery design trends and co-founder and Creative Director of Trends Jewellery Forecasting Group (TJF), spoke at the keynote presentation on trends in jewelry forecasting at JCK Las Vegas on June, 4th. After her report, Paola de Luca talked to Rough&Polished.

Johan Dippenaar: Prices for both rough and polished are performing well currently and we believe that the longer-term fundamentals of the market are robust

27 june 2011

In recent years, Petra Diamonds, an international diamond mining company, has been among the top players in the global rough diamond market. Analysts call it the Star of Africa and it is a strong rival of De Beers due to the acquisition of global big-name mines. The company’s responsible attitude to developing its projects in the field of natural resources in South Africa gives it a chance to prosper economically and stay confident. Johan Dippenaar,  Chief Executive Officer of Petra Diamonds, gave this interview to Rough & Polished.

Diamond is a symbol, a tradition which is not so easy to give up

20 june 2011

Two major jewelry exhibitions ended in Moscow running almost parallel to each other – Jeweler-2011 in Sokolniki and Junwex at the All-Russia Exhibition Center. Rough&Polished asked their participants to share their views of growing gold prices and purchasing power of Russian buyers after the crisis.

“Diamond prices will remain strong in the future because of the rarity of the product and because of the huge demand from South-East Asia”

14 june 2011

The Diamond Conference held in Antwerp on May 23-24 discussed a broad range of problems facing the industry. Alex Shishlo, our correspondent in Belgium, caught up with some of its participants asking them to express their opinions on pricing and market movement.

Margaret Fong: Diamond is the trend in Mainland China and India

06 june 2011

Margaret Fong is the Deputy Executive Director of the Hong Kong Trade Development Council (HKTDC), an organization officially responsible for foreign trade development in Hong Kong. In 2004-2006 she was the Director-General responsible for Hong Kong Economic and Trade Affairs in Washington and in 2006-2008 worked as Commissioner for Economic and Trade Affairs in the United States.

FOPE: We need good partners in Russia

30 may 2011

The jewellery pieces made by FOPE are lately turning increasingly popular. Its famous technique to interlace fine elements made the company one of the world-known and extremely popular brands. Nathan Wildpacher and Gernot Safron, partners in WISA LUX GmbH Jewelry, which is an official and exclusive agent of FOPE in CEE and CIS, gave this interview to Rough&Polished.

De Beers ‘confident’ Zim ‘expert’ panel will clear it of any wrongdoing in Marange

23 may 2011

The Zimbabwean government announced recently that it has set up an “expert” panel to investigate a diamond fraud allegedly committed by De Beers when it held prospecting rights in Marange. Harare said it will take De Beers to court if the report by its “expert” panel confirmed their suspicions. However, De Beers Group Head of Media Relations, Lynette Gould said the diamond miner was not aware of any such “expert” panel. She said should the panel be convened, De Beers was confident that they would be cleared of any “wrongdoing”. Below is the full text of an interview the De Beers’ spokesperson had with Rough&Polished’s Mathew Nyaungwa.

Michael Rae: “Doing the right thing” is an all-embracing commitment and responsibility that transcends any consumer research

16 may 2011

In 2005, ABN AMRO, BHP Billiton Diamonds, Cartier (part of Richemont), World Jewellery Confederation, Diamond Trading Company (part of De Beers), Diarough, Jewelers of America, National Association of Goldsmiths (UK), Newmont Mining, Rio Tinto, Rosy Blue, Signet Group, Tiffany & Co., and Zale Corporation came together to form the Council for Responsible Jewellery Practices later transformed to the Responsible Jewellery Council which sees its main goal in increasing consumer confidence in diamond and gold jewellery. Michael Rae, Chief Executive Officer of RJC, explained to Rough&Polished how it is being done.

More diamond mines to be found in Botswana says Teeling

10 may 2011

Botswana Diamonds, which was listed early February on AIM as a spin off from African Diamonds is said to be a “new” player in the African diamond industry. The company recently started bulk sampling of its BK5 diamondiferous kimberlite in Botswana’s Orapa as part of its quest to join the growing list of diamond juniors operating in the southern African country. Rough&Polished’s Mathew Nyaungwa caught up with the company’s chairman John Teeling to get an insight on Botswana Diamonds’ operations.