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
Perfume or a Diamond Necklace?
25 october 2010
In September 2010, financial investment company Metropol, presented a review entitled “ALROSA: a Unique pre-IPO Opportunity,” which examines prospects for the Russian diamond miner in the context of its upcoming transformation unto a public corporation and possible listing on the stock exchange. Several provisions of this work, in the opinion of Rough & Polished, were in need of additional comments which were kindly given to us by the author of the review, Andrey Lobazov, an IFC Metropol analyst.
Zimbabwe’s Deputy Minister of Mines and Mining Development: We are not even short of buyers
18 october 2010
Gift Chimanikire, Zimbabwe’s Deputy Minister of Mines and Mining Development, in his interview to Rough&Polished described the current situation around diamond export from this country.
We need modern marketing along the whole chain: diamond miners – diamond cutters – diamond manufacturers - jewellery trade
13 october 2010
Valery Budny, CEO of RESTEC JUNWEX Media Holding, in charge of the Jewelry Russia Unified Exhibition Program, answers the questions of Rough&Polished.
Investment diamonds are a very delicate business
11 october 2010
Amid the international economic crisis many people have a need for investing their free cash. Among the many tools they have investment diamonds appear to be of certain interest. Viktor Logunov, Marketing Advisor to General Manager of Brillianty ALROSA, who is also one of the organizers of the Quintessentially Diamonds Project, told Rough&Polished about the intricacies of this sophisticated market.
James Allan: The reasons for buying a diamond engagement ring tend to override many other purchases
04 october 2010
James Allan has worked in the mining industries and mining financial services for the past 27 years. Lately, being the director of his own corporate finance company, Allan Hochreiter (Pty) Ltd., James has a really broad insight into the diamond and coal mining industries in South Africa, and worldwide. In particular, he was instrumental in gaining an extra $2.00 per share for shareholders when Anglo American and the Oppenheimer family delisted De Beers in 2001. Rough&Polished asked him to share his views of the current situation in diamond mining.
Even if there is a Phase Two of the crisis, I believe that the diamond industry is in an excellent position to weather the storm
27 september 2010
Richard Wake-Walker, the former director of the Moscow office of De Beers, now heading WWW Diamond Consultants which is providing advisory services to diamond mining and exploration companies as well as government agencies of diamond producing countries including Russia’s Gokhran, gave this interview to Rough&Polished.
Gon Raz: I think that we will see a correction on both rough and polished prices in the second half of the year
20 september 2010
Despite its relatively young record Windiam bvba, the Belgian company which started its operations in the diamond market in 1991, even then leaned upon rich experience and knowledge of a whole generation of diamantaires to whom belonged its CEO Gon Raz now successfully expanding its business geography. Rough&Polished asked him to answer several questions about the situation in the market.
Hua Chang Jewelry: Success Stemming from Centuries-Old Traditions
13 september 2010
The Hua Chang Jewelry Company was established in 1998, but its business is rooted deep in the Chinese history which is the actual foundation of its success. The company managed to preserve and revive the ancient jewelry traditions of the Heavenly Empire which being combined with modern technologies and competent market strategy have made the company recognized in China and internationally.
“Diamonds Looking Forward to the Chindia Decades”
06 september 2010
The recently ended annual Botswana Resource Sector Conference, which was convened in the capital, Gaborone, saw several speakers making presentations on diamond mining and other mining sectors. Among the speakers was James Allan, the director of a corporate finance firm, Allan Hochreiter. In his presentation, Allan estimated that diamond prices will return to 2008 levels by end of 2010 owing to the global economic recovery and strong demand from emerging markets such as China and India. He also said that the two Asian countries will be major players in the diamond market in the next two decades. Rough & Polished’s Mathew Nyaungwa caught up with Allan on the sidelines of the conference to find out more on his presentation. Below are the excerpts.
Alexander Boguslavsky: Everything Points to a Rise in Gold Prices in the Near Future
30 august 2010
Alexander Boguslavsky, General Manager of the Prioksky Nonferrous Metals Plant, which celebrated its 20th anniversary from the date of its first output, gave the following interview to Rough&Polished.
