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
Moscow plays host to the 34th World Diamond Congress
11 july 2010
To-day Russia welcomes the 34th biennial edition of the World Diamond Congress scheduled for July 11-13 in Moscow’s Ritz-Carlton Hotel and held by the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA). In the run-up to this gala gathering our correspondent called Avi Paz, WFDB President, for comments to this meeting.
Quality as life, creation as driving force, service as purpose
05 july 2010
On the eve of the 10th anniversary of Delicacy Forever Jewellery Zhang Weifeng, Marketing Director of this multiproduct jewelry company being one of the top brands in China, answered the questions filed by Olga Patseva, Rough&Polished correspondent in Shanghai.
Eli Avidar: The diamond market has ceased to be traditional, and it is important not to lag behind the times
28 june 2010
The Israel Diamond Institute (IDI) is a non-profit organization, whose tasks are to develop vocational training, publish specialized literature, market goods, promote new processing techniques and offer consultations on security issues in the diamond industry. Eli Avidar, Managing Director of IDI, answers the questions filed by Rough&Polished.
NDTC sees diamond sales heading north, but remains cautious
21 june 2010
The global diamond industry appears to be on an upward trajectory following a routing that was brought about by the economic crisis, which started late 2008. Namibia Diamond Trading Company (NDTC), a joint venture between De Beers and the Namibian government was not spared by the downturn, which saw it scaling back its operations. Rough & Polished’s Mathew Nyaungwa caught up with NDTC’s Sales and Marketing manager Brent Eiseb to find out how the diamond trader was fairing after the crisis. He also spoke on the recent extension of the current Supplier of Choice contract by one year, and beneficiation of in the southern African country, among other issues. Below are the excerpts.
Siberia’s diamonds will get a new valuation
15 june 2010
In May 2010, the Institute of Geology and Mineralogy of the Siberian Branch of the Russian Academy of Sciences having won the federal contest signed a state contract with the Federal Agency for Subsoil Use of the Russian Federation to carry out prognostic and evaluation works on yet unexplored diamond deposits on the territory of Siberia. The contract has been concluded for 3 years for the amount of 200 million rubles. Nikolay Pokhilenko, Corresponding Member of the Russian Academy of Sciences and Director of the Institute of Geology and Mineralogy of the Siberian Branch of the Russian Academy of Sciences, answered the questions of the Rough&Polished correspondent.
Johnny Kneller: At the end of the day there has to be compromise and trust
07 june 2010
Mr. Kneller has kindly agreed to meet our correspondent at Safdico’s Antwerp-based office on the first day of the new working week. No doubt was left it was going to be a busy one for one of the founders of a most unique diamond company: there were three magnificent rough diamonds catching your eye on Johnny Kneller’s table each the size of a two-year toddler’s fist.
Freddy Hanard: One should be careful considering the volatility of the market and the monetary politics that strong countries can conduct
31 may 2010
Freddy Hanard, Chief Executive Officer of the Antwerp World Diamond Centre (AWDC), shared his view of the current state of affairs in the diamond industry in his interview to Rough&Polished.
Transparency is the Best Value – HRD Antwerp
24 may 2010
Some people say a diamond turns a real value if certified by a proper lab. Some say a proper lab is a real value in itself and as rare as a proper diamond. HRD Antwerp is just the one having over 30 years of experience in Antwerp, the world’s diamond hub, and going ever stronger as the industry is leaving behind one of the worst periods in its history. Georges Brys, HRD Antwerp’s General Manager, describes the company’s business to Rough&Polished.
Alla Nozhkina: Under the impact of Chinese synthetics the situation in the rough and polished diamond complex may cardinally change
17 may 2010
VNIIALMAZ is a leading scientific institute in Russia engaged in research, development, manufacturing and application of natural and synthetic diamonds and diamond-based tools. Doctor of Engineering, Professor Alla Nozhkina, who is the Chief of Laboratory at VNIIALMAZ, answers the questions of the Rough&Polished correspondent.
De Beers says move to produce rough diamonds based on demand won’t hurt Botswana, speaks on relisting ‘rumour’
11 may 2010
Speculation had been ripe in the media that De Beers’ move to focus on economic production at its mines could have a damaging impact on Botswana’s diamond industry. Critics cautioned that this could lead to years of restrained production, low supplies to downstream industries, as well as lower government revenues. Rough&Polished’s Mathew Nyaungwa caught up with De Beers’ media relations manager in Botswana, Chipo Morapedi to find out if the diamond miner agreed with the reports. Below are the excerpts.
