Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year

The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...

04 november 2024

Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future

Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...

28 october 2024

Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

Trans Hex projects increase in FY loss

21 june 2018
Trans Hex, which will release its results on Thursday, is set to report a loss per share of 175.6 cents for the financial year ended March 31 compared to a loss per share of 173.5 cents in the previous corresponding period, representing an increase in loss of 1.21 percent.
The company said in a statement that it would also record a headline loss per share of 216.5 cents compared to a headline loss per share of 114.6 cents in the previous corresponding period.
Trans Hex said it was, however, projecting to report a net profit from continuing operations of R26.2 million compared with a net loss of R65.2-million in the 2017 financial year.
Its net loss from discontinued operations, including retrenchment costs of about R99.3-million, was set to be R213-million against a loss of R117.3-million, a year earlier.
The group said its net loss would also amount to R186.8-million, compared with the loss of R182.6-million, registered last year.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished