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
“If the Diamond Cutter will be Pushed out of the Industry, he will not Return”
02 february 2009
Vice President of the Russian Association of Diamond Manufacturers (RADM) Ararat Evoyan told about the work performed by the Association and the problems encountered by diamond manufacturers in Russia in his interview to Rough&Polished correspondent Vladimir Teslenko.
Postulates of Private Investor
26 january 2009
With the start of the financial and industrial crisis the problems of “where to invest,” which worried many investors, fell off by themselves, says Michael Törner, Vice President of 4C-Diamond, in his article for Rough&Polished. Their money has just disappeared. However, for those who had CONTROL over their investments and were able to timely protect their deposits this problem has turned even more acute.
"Damond Cutter - This Profession Will Stay Alive Further On"
11 january 2009
How popular is the profession of diamond cutter today? Will this profession survive in the world of new technologies and computer equipment? We asked Ruven Paikin, a professional diamond cutter and 30-year experienced gemologist, who is currently in charge of production operations at ALMOD, a newly opened diamond factory in Namibia, to answer these and other questions.
The Pope, Corals and Diamonds
21 december 2008
The best present from Dalmatia is a jewelry piece containing unique - pink and orange - Mediterranean corals, which are very expensive, especially if accompanied by diamonds, like the ones created by Dubrobnik’s well-known jeweler Branco Mazareckich, whose jewelry is bought by VIP customers visiting Croatia.
Russian Jewelers Should Seek Inspiration In Their Great National Heritage
16 december 2008
The Russian International Konstantinovsky Charitable Fund recently purchased a significant part of the legendary collection of theater costume and stage designs belonging to Prince Nikita D. Lobanov-Rostovsky. A large part of the collection is composed of masterpieces of Russian avant-garde. The purchase was first exhibited on September 24th of 2008 at the St. Petersburg Theatre Museum. The collection will be kept in Saint Petersburg. Vladimir Kozhin, the head of the Department of Property of the President of Russian Federation, has officially announced that in 2-3 years time the collection will be permanently housed in the “Star Way” Congress Center near the presidential residence of the Konstantinovsky Palace in Strelna. However, not so many people know that among other things Nikita Lobanov-Rostovsky was a geologist and had to do with the diamond business for two decades. He talked about this side of his activities to our correspondent Vladimir Teslenko.
“Yakut Diamonds” as a Notion Will Survive the Epoch of Crisis
01 december 2008
Vasily Vlasov, Chairman of the Diamond Council at the President of the Republic of Sakha (Yakutia) answers the questions asked by Rough & Polished. For a long time, Vasily Vlasov, Ph.D., occupied top executive positions in the diamond industry and in the administration of Yakutia and in 1998-2002 he headed the government of this republic.
The Crisis Has its Time-Frame
17 november 2008
The main factor determining the current state of the diamond market is the global financial crisis. The situation on the leading financial and stock exchanges is still fairly dramatic. The labour markets in the US, Europe and Japan are also not in the best shape. Under these circumstances the availability of credit for diamond market players has declined drastically.
Alexander Matveyev: Diamond OPEC Is an Opportunity to Survive Crisis with Minimal Losses
13 november 2008
Alexander Matveyev, Member of the Federation Council of the Russian Federal Assembly, First Deputy Chairman of the Federation Council Committee on Northern Territories and Indigenous Minorities, Mining Engineer, Academician of the Russian Engineering Academy, Doctor of Economic Sciences, Professor, worked as Chief of Industry Department of the Yakutsk Region Committee of the CPSU, Chairman of the Yakutia Planning Committee, Vice-President and First Vice-President of ALROSA.
Valery Rudakov: Crisis Has Been Generated by Political Reasons and Is Expected To End Next Year
10 november 2008
Valery Vladimirovich Rudakov – chairman of the Board of Directors of CJSC Polyus, chairman of the Committee for precious metals and precious stones of the Chamber of Commerce and Industry of the Russian Federation. In 1999-2002 - Deputy Minister of Finance of the Russian Federation and head of the State Repository for Precious Metals.
New Challenges: Downfall or Upswing (Part 2)
28 october 2008
We continue to publish the opinions of reputable experts about the impact of the world financial crisis on the diamond industry. This time the experts turned even more peremptory in their replies. The picture we got is offered to our readers’ attention.
