Indian jewellers promote natural diamonds amid competition from lab-grown stones

Falling prices for lab-grown diamonds and their resulting rise in market share are transforming India’s diamond jewellery market and prompting jewellers to take proactive measures.

Today

Ethiopia opens first gold refinery to serve region

Ethiopia has inaugurated its first gold refinery, a $50 million joint venture that the government hopes will establish the country as a regional hub for precious metals processing, Prime Minister Abiy Ahmed announced over the weekend, according to Reuters...

Today

Anglo American bets R11.2B on South African mining's future

Anglo American has reaffirmed South Africa's potential as a premier mining investment destination, even as the company commits R11.2 billion ($677 million) to an ultra-high dense media separation iron-ore project at Sishen in the Northern...

Today

Nornickel forecasts $4 billion in precious metals revenue for 2026 - report

A senior Nornickel representative noted that the company expects to generate $4 billion in revenue from precious metals sales this year.

Today

Russia to build first permanent REM magnet plant

In 2028, Russia is set to start the construction of its first plant for manufacturing permanent magnets from rare-earth metals (REM) in the city of Glazov, to be commissioned in 2029 with an initial capacity of 500 tonnes per year, said Andrey...

Today

Dr M'zée Fula Ngenge: Demand for considerable-sized diamonds stronger than ever

02 september 2024

The African Diamond Council (ADC) chairperson Dr M'zée Fula Ngenge told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although overall global diamond prices have been somewhat soft, the demand for considerable-sized diamonds is stronger than ever.

Amplats sees prospects as a standalone company

19 august 2024

Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred to the company’s 2024 interim results.

WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges

12 august 2024

Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major issues currently facing it.

Lyudmila Vysotskaya: Amber is a mystical stone, a living substance

30 july 2024

Lyudmila Vysotskaya is a Kaliningrad-based amber artist and designer, expert, chairwoman of the Amber Academy and member of the Creative Union of Artists in Decorative and Applied Arts. This summer, visitors could admire the art works by Lyudmila Vysotskaya at the AmberForum held in Svetlogorsk and ask her questions about the unique features of amber and the art of cutting and polishing amber stones, as well as about the activities of the Amber Academy.

De Beers shines light on budding jewellery designers

22 july 2024

Diamond giant De Beers will this year conduct its bi-annual Shining Light Awards jewellery design competition. De Beers beneficiation manager Kagiso Fredericks told Rough & Polished's Mathew Nyaungwa in an exclusive interview they set aside 4.5 carats per collection from first to third place, across all four countries.

DiaMondaine Diamantaires Club mulls diamond safari tours in southern Africa

15 july 2024

DiaMondaine Diamantaires Club (DDC) is set to organise diamond safari tours in southern Africa, home to major diamond-producing countries. DDC founder Agnes Abdulahu told Rough&Polished’s Mathew Nyaungwa that the launch of the first diamond safari will be done in Botswana.

Vladislav Zhdanov: Questions of efficiency and investment potential of diamond mining versus diamond growing pique keen interest

02 july 2024

Vladislav Zhdanov is Professor at the National Research University Higher School of Economics (HSE). He told Rough&Polished about new researches into the effectiveness of diamond production methods.

Why it's expensive to cut and polish diamonds in Africa? ADMA president António Oliveira has the answer

24 june 2024

The African Diamond Manufacturers Association (ADMA) president António Oliveira told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that the lack of a robust infrastructure in Africa fails to accelerate and encourage manufacturing.

Edahn Golan: IPO feasible but not Anglo’s preferred way to sell De Beers

17 june 2024

Edahn Golan, owner of the eponymous Edahn Golan Diamond Research and Data, told Rough&Polished's Mathew Nyaungwa in an exclusive interview that while an IPO of De Beers is “feasible,"  he does not think this is a route Anglo American wants to take.

GemsCouture- avant-garde by Victor Moiseikin

05 june 2024

Jewelry items and precious souvenirs of the MOISEIKIN jewelry brand are in the museums and private collections of world celebrities, representatives of the political and cultural elite - from Xi Jinping to the British Windsors, from Angela Merkel to Paco Rabanne, Catherine Deneuve and Jan Zia, as well as the ruling dynasties of the Middle East. Viktor Moiseikin, the founder of the Moiseikin jewelry house and author of several proprietary technologies, including the world-famous unique ‘Russian Setting’ (Waltzing Brilliance), winner of many design awards, told Rough&Polished about the influence of Fabergé, cooperation with auction houses, his new collections and the importance of creative inspiration.