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
New Challenges: Downfall or Upswing
17 october 2008
The world financial crisis could not avoid having its impact on the rough and polished diamond complex. The Rough&Polished experts voiced their qualitative opinions regarding further developments. The picture offered to our readers’ attention may hardly be called unambiguous.
Such a Mysterious Soft Rating
14 october 2008
On October 10, 2008, the Standard & Poor’s Agency placed the credit ratings of two companies – OAO Rossiiskiye Zheleznye Dorogi and ZAO ALROSA on the CreditWatch list with a negative outlook, following their purchase of investment bank KIT Finance. The motivation behind this decision, as it was acknowledged by Standard & Poor’s analysts, was based on the agency’s lack of detailed information about this deal.
Freddy Hager: Diamond Business – It’s An Art
18 september 2008
The London Diamond Club opened in the end of 1940. The London Diamond Bourse was established at the same time and flourished in the post-war years. In the 1970s the Bourse accounted for 700 members. In the 1990s the Bourse and the Club deemed it necessary to merge which gave birth to a united organization – the London Diamond Bourse & Club.
Vladimir Fedorchenko: “The Market Is Getting Used to Synthetic Diamonds and This Is an Equitable Demand of the Time”
27 august 2008
Adamas BSU, a Belarusian state unitary enterprise, is the world’s biggest manufacturer of synthetic diamonds, both rough and polished. The company’s products are used in various fields of engineering, electronics, medicine and jewelry business. Diamond mono crystals are grown in 120 synthesis apparatus by the BARS technique. These installations allow not only growing diamonds, but optimizing quality characteristics (color in the first place) of both synthetic and natural crystals. Vladimir Fedorchenko, Deputy Marketing Director of Adamas BSU, answers the questions put by the correspondent of Rough&Polished.
Small Majestic Diamonds of Roni Stschik
04 august 2008
Roni Stschik is one of the most unusual persons in the jewelry industry, since he is the most diversified professional, being the cutter and goldsmith, process man and innovating inventor, designer and manager of a young, but already famous company named Majestic Jewelry Ltd. Roni belongs to the third generation of diamantaires and inherited not only his family’s love for work with diamonds, but creativity. Jokingly he says that his company registers more patents than any other in Israel.
Igor Tikhov: “It’s Time to Work in Russia”
28 july 2008
The Krasnoyarsk Non-Ferrous Metals Plant named after V.N. Gulidov is the world’s only manufacturer, which takes all the existing types of raw minerals to process them into eight precious metals: platinum, palladium, rhodium, iridium, ruthenium, osmium, as well as gold and silver. OAO Krastsvetmet refines about 50% of Russia’s gold and 98% of platinoids. The company’s outlook is described by its General Manager Igor Tikhov.
Elena Obraztsova: "Diamonds make me excited, if the artwork is touched by God’s Spark!”
21 july 2008
Her last name meaning “exemplary” suits her as no one else: the artist fanatically devoted to music, the singer for whom her profession is her passion and the paramount sense of life, the magnetic personality, Elena Obraztsova is the first Russian singer who received the status of a legend of the world vocal.
Major Tacks in Geological Exploration to Reproduce Mineral Resources Base of Precious Metals
10 july 2008
The mineral resources base of gold in Russia laid in mainly during previous years is sufficient in its bulk to build up domestic gold mining in the longer term. It is composed of reserves harbored by genuine gold ore deposits (5 700 tons), complex deposits (2 600 tons) and alluvial de-posits (1 400 tons).
The Future of the Russian Gold Mining Industry
30 june 2008
For many decades, the gold mining industry of the Soviet Union remained one of the largest in the world holding the well-balanced second place after South Africa in terms of gold output. From 1991, the industry started to decay, when instead of ten large territorial enterprises of Russia there emerged over 600 subsoil using companies mining from their first tens of kilos to 1.5-2.0 tons of metal per year. Naturally, such businesses could neither maintain geological exploration nor gold mining in the country.
The idea is that there will not be major shift in the price
16 june 2008
Strategically located to the western coast of Southern Africa, Angola is the third largest and one of the most mineral potentially endowed and blessed country in sub-Saharan Africa. Angola said 8.6 million carats were mined by the formal sector in 2007. Endiama (Empresa de Diamantes de Angola) is the national diamond company of Angola founded in 1981 and it is the exclusive concessionary of mining rights in the domain of diamonds. Our agency had a possibility to address a couple of questions to the Head of Department of Strategical Planning and Investments, Tiago Dias.
