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

"The main thing now is not just to mine diamonds but to have their guaranteed sales"

23 april 2009

Sergey Vybornov, President of ALROSA, told Russian Information Agency Interfax about his company’s sales strategy, its production schedules and non-core projects under the crisis conditions.

Self Discipline Should Be the Keyword

06 april 2009

Freddy Hanard, Chief Executive Officer of the Antwerp World Diamond Center, gave this interview to Alex Shishlo, Editor of the Rough&Polished European Bureau in Brussels

Crisis in the Eyes of Diamond Cutters

30 march 2009

"Today the market got sober being left by speculators who got just busted. Now the market is run only by companies which are really engaged in diamond cutting. However, it has been overheated and companies lost their current assets, so that now they cannot buy rough because of money shortage. Hence it is important to restore market liquidity."

Vladimir Litvinenko: Under the present circumstances, there is a need in a comprehensive program to back up the domestic diamond mining

23 march 2009

Vladimir Litvinenko is the Rector of the Saint-Petersburg State Mining Institute (Technical University), Doctor of Engineering, Professor. He heads the Working Group of the State Council of the Russian Federation on problems related to improving the state policy in the field of subsoil use. V. Litvinenko is the winner of the State Award of the Russian Federation. In his interview to Rough&Polished he shares his views on the situation in Russia’s mining industry.

Crisis Generates Demand for Way-Out Design and Exclusive Quality of Jewelry

16 march 2009

Yelena Opaleva, a well-known jeweler and designer, Professor of the Jewelry Art Chair at the Urals Academy of Architecture and also Academician of the Russian Academy of Jewelry Art, in her interview to Rough&Polished: "The crisis is a serious examination for jewelers and manufacturers; it’s a test for their creative attitude towards the business they are in. If formerly many people in this business did not make much reckoning of quality and kept churning out drab-looking mass-consumption goods sticking to standard schemes, now they have to change their ways."

It is good to buy diamonds

10 march 2009

On February 20-23, the Indian Gems and Jewelry Export Promotion Council (GJEPC) held the IIJS Signature Jewelry Show in Goa. The Kala Academy Cultural Center sprawled its 1500-square-meter pavilion for 73 exhibitors to display their best works of jewelry art. The Russian delegation was assisted by the Moscow Diamond Bourse to take part in this exhibition. Rough&Polished correspondent Alexander Shaburkin talked to GJEPC Vice-Chairman Shri Rajiv Jain, who described the peculiarities of the Indian jewelry industry in its development and the trends in the world diamond trade.

Geological Exploration May Be Put on the Back Burner

02 march 2009

Nikolay Kirillin, Deputy Chairman of the State Geological Committee in the Republic of Sakha (Yakutia) and Honored Geologist of the Republic of Sakha (Yakutia), gave his opinion of the situation in the republic’s diamond mining industry in his interview to the Rough&Polished Agency.

To Grapple with Crisis is Possible

23 february 2009

Valery Radashevich, General Director of the Guild of Russian Jewelers, told about the work performed by this Association and problems encountered by jewelry manufacturers and merchants to Vladimir Teslenko, Rough&Polished correspondent.

Crisis, Jewelers and Pragmatic Buyers

16 february 2009

The global crisis phenomena have immediately uncovered faulting areas in Russia’s economy space. It turned evident that we have insufficient production of goods ready to go to the retail market and we have no processing. Our petrodollars actually flow abroad as a payment for consumer goods. We should support domestic manufacturers positioned to supply both the internal and external markets.


Ilse Liepa: “Ballerinas Have Always Had an Eye for Diamonds”

09 february 2009

I have always loved and continue to love diamonds – and I wear them with pleasure. You know, they bring Shakespeare to my mind: “Therefore are feasts so solemn and so rare, Since, seldom coming, in the long year set, Like stones of worth they thinly placed are, Or captain jewels in the carcanet.” These are the words of the outstanding ballet dancer who gave this interview to the Rough&Polished Agency.