Exclusive
Mmetla Masire: Okavango to resume diamond sales in January
Botswana’s state-owned Okavango Diamond Company (ODC) is set to resume diamond sales in January 2025, whether the market remains depressed or not. ODC managing director Mmetla Masire told Rough & Polished’s Mathew Nyaungwa on the side-lines of...
Today
Helga Pombal: Angola's Stardiam finds solution to the threat posed by lab-grown diamonds
Stardiam manager of production Helga Pombal told Rough&Polished's Mathew Nyaungwa on the sidelines of the Angola International Diamond Conference that lab-grown diamonds are creating a parallel market for more accessible stones, combined with lower...
11 november 2024
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
Severalmaz resumes operations at processing plant
The ore processing facility, idle since mid-May, was restarted on July 8 and will continue operation until October 8, 2020, ALROSA says in its press note. During this period, the staff will rotate in three shifts of 30 days each. The decision to increase the duration of shifts was made to prevent the spread of coronavirus infection. All the staff will be tested for COVID-19 before arriving on site.
The plant is expected to process 855,000 tons of ore in the third quarter of 2020.
The ore processing at Severalmaz will be idled from October 8, 2020 to April 1, 2021 and the plant will be put on care and maintenance.
As a response to the situation in the global diamond industry caused by the coronavirus pandemic and related restrictions, ALROSA implements a number of measures to cut costs in 2020 that would lead to the annual diamond production of 28-31 million carats vs initial guidance of 34 million carats.