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 to break 40m ct in 2011 if global economic recovery continues - Official
27 december 2010
Recent media reports noted that Russia's ALROSA will remain the world’s top diamond producer in 2010. However, De Beers was tipped to regain the summit position in 2011 as the world’s largest diamond producer in carat terms. So does De Beers’ prospects for 2011 go with what the market analysts have projected? Rough&Polished’s Mathew Nyaungwa filed this and other questions to De Beers’ spokesperson Lynette Gould, who is based in London. Below are the excerpts.
Jeweller-2010: Diamonds going strong again but for how long?
20 december 2010
On December 3 to 13, Moscow’s Cultural and Exhibition Center Sokolniki hosted a jewellery show, Jeweller-2010. Rough&Polished correspondent Galina Semyonova asked its exponents to share their opinion about the results in the expiring year and their hopes for the future.
“I believe with future limited supply of rough and the rough diamonds in strong hands, [there is] no need for concern”
13 december 2010
Ronnie VanderLinden, Secretary General of the International Diamond Manufacturers Association (IDMA), devoted 33 years of his life to the diamond business starting as a diamond sawyer and gradually working his way up to become a senior executive in one of the most authoritative global bodies of the diamond industry. Our correspondent in Brussels Alex Shishlo asked him to highlight some of the problems currently facing the diamond world.
Something natural is always beautiful and easier to sell
06 december 2010
From his very childhood diligent and purposeful Pasquale Bruni studied old masters' secrets and created his own jewelry pieces. The career of the most famous contemporary jeweler moved from being a jewelry craftsman to become an artist jeweler, from a jewelry stylist to a creator of precious adornments. Today Pasquale Bruni is the owner, CEO and creative director in his company joined by his daughter Eugenia heading the art department and his son Daniele coordinating the marketing department. Our correspondent caught up with Daniele at VicenzaOro 2010 in Italy to talk about their art and business.
Diamond Derivatives: Two More Views from Asia
29 november 2010
The discussion initiated by Rough&Polished in early November attracted other views, once again ventured by experts from China.
De Beers, Botswana sales agreement: Will there be any changes?
22 november 2010
As the current sales agreement, which compels Debswana to sell all of its produce through the Diamond Trading Company (DTC) expires in December 2010 there had been a lot of speculation on the outcome of negotiations between De Beers and the Botswana government on a new arrangement. Some analysts say Botswana is keen to break the DTC “monopoly” as it wanted an alternative diamond market system, which will give better value to its diamonds. So if that is the case what sort of an impact this will have on De Beers? Rough & Polished’s Mathew Nyaungwa caught up with De Beers Group’s Head of Media Relations Lynette Gould to find out the diamond giant thinks about this possible shake-up.
Yakutia expanding contacts at Expo 2010 in Shanghai
15 november 2010
In September 2010, the Republic of Sakha (Yakutia) was an active participant at World Expo 2010 in Shanghai. Visitors to the Russian Pavilion at Expo 2010 will remember the Yakut exposition which displayed diamonds in kimberlite, excellently cut diamonds, gold bullions of unusual shapes and other exhibits brought from the Treasury of the Republic of Sakha (Yakutia). On the eve of the Day of the Republic of Sakha (Yakutia) in the Russian Pavilion at Expo 2010 Sergey Neustroev, Yakutia’s First Deputy Minister of Foreign Affairs, answered the questions posed by Rough&Polished.
Gabriel Shumba: We are in full support of the view that the diamonds from Marange do not meet with the KP criteria
08 november 2010
Gabriel Shumba, a human rights lawyer and member of the so-called Zimbabwe Blood Diamonds Campaign, gave this interview to Rough&Polished.
Diamond Derivatives: Live or Die?
03 november 2010
Rough&Polished continues to explore the diamond derivatives field, this time kindly assisted by our industry interlocutors in Europe.
Diamond Derivatives: Live or Die?
02 november 2010
Rough&Polished offers some views of this problem shared by diamantaires in Asia at a time when global diamond business coming out of recession seems to be heading towards a new market reality. Later these will be followed by opinions expressed by their colleagues in Europe.
