News
South Africa mining output falls 12.7% in August on weak PGMs, coal and iron ore
South Africa's mining output declined 12.7% year-on-year in August, according to Statistics South Africa, with platinum group metals, coal, and iron ore accounting for the largest negative contributions.
Today
Aterian expands copper footprint at Azrar project in Morocco
Aterian has identified multiple copper showings and substantially expanded the known mineralisation footprint at the Amane Target of its 85%-owned Azrar Copper-Silver project in Morocco, following initial exploration fieldwork.
Today
Russia’s Ministry of Natural Resources identifies region with largest platinum and palladium deposits
Russia retains second place globally in terms of platinum and palladium reserves, while the largest deposits of these metals are concentrated in Krasnoyarsk Territory, according to the Russian Ministry of Natural Resources.
Today
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
Why a Successful Downstream Diamond Industry is Important for Africa
01 november 2007
Speech by Gareth Penny, Group Managing Director, De Beers, at the Antwerp Diamond Conference, Monday 15th October 2007.
“We would like to see a Russian jewellery brand in the market”
30 october 2007
Authoritative experts in the diamond industry comment on opinions aired at the Antwerp Diamond Conference – 2007 for Rough&Polished.
Valery Rudakov: “Any country may cut and polish diamonds it is mining.”
25 october 2007
Valery V. Rudakov headed the Main Administration for Precious Metals and Diamonds at the Council of Ministers of the USSR, then the Almazzoloto Corporation and the ALROSA Joint-Stock Company. 1982-1988 – Deputy Minister of Non-Ferrous Metallurgy of the USSR. 1999 – 2002 – Deputy Minister of Finance of the Russian Federation and CEO of the State Depository for Precious Metals. From 2002 up to now – Chairman of the Board of Directors of ZAO Polyus, Chairman of the Committee for Precious Metals and Gems of the Chamber of Commerce and Industry of the Russian Federation.
President of ALROSA Sergey Vybornov: «The diamond market faces the growing deficit of rough».
16 october 2007
Today, for the first time the diamond market faces the growing deficit of rough. The cause is not the well-known "diamond pipeline" issues, but a number of other reasons. During the last decade no new large diamond deposits have been discovered, many of the existing ones are almost depleted and the companies have to go underground.
Rajesh Gandi: Diamond always pays back
15 october 2007
Rajesh Gandi, the founder of Choron Diamonds, a lapidary and jewellery company, belongs to the Indian family of diamond dealers engaged in diamond cutting and jewellery business for about 100 years. Their firm's lapidary workshops and trade missions are located in India, Belgium, Singapore, Luxembourg, Hon-Kong and the United Arab Emirates. In Russia Choron Diamonds has lapidary workshops in Yakutsk and Vladivostok. The annual turnover of this company exceeds $200 million.
Israeli counterintelligence meets new challenges of diamond market
08 october 2007
The ever-faster going integration of the Middle East into the world diamond market inevitably affects the mutual relations between Arab countries and Israel. A top-ranking officer of the Israeli Security Service SHABAK who wished to stay anonymous agreed to comment some aspects of this problem for Rough&Polished.
De Beers in Russia: shifting from buying rough diamonds to joint exploration projects
22 september 2007
Nigel Kieser, De Beers Moscow Office Director exclusive interview to Rough&Polished.
Valery Rudakov: No dramatic turmoil in the diamond market to be expected
12 september 2007
Interview for Rough&Polished
Valery 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
Sell historical background, Russian jeweller expert advises
29 august 2007
Sometimes a peace of jewelry is the work of art. But it is always a commodity. Valentine Skurlov, consultant of the Russian branch of Christie’s, expert of the Ministry of Culture of the Russian Federation, Companion of the Carl Faberge order, historiographer of Faberge Jewelry House and author of a number of books dedicated to this theme, member of the editorial staff of “ Antiquarian review” and "Russian Jeweller" specialized magazines talks with Rough&Polished about a specific nature of the jewelry business.
Global Diamond Production to Fall by 25% in the Next 5 Years
25 july 2007
Cecil Rhodes’ famous formula: “If there were four people in the world, we would need to sell just enough diamonds for two” may get an reasonable basis within the next five years. For the first time in decades, the global output will plummet amidst the skyrocketing demand. Mr. Nikolai Pokhilenko comments on the recent trends of the global diamond market.
