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

Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

23 september 2024

Anglo-American issues first sustainability-linked bond

19 september 2022
Anglo American has issued its first sustainability-linked bond, including performance targets to reduce greenhouse gas emissions and freshwater abstraction, as well as support job creation in host communities.
It said the €745 million bond is the first instrument issued following the publication of its Sustainability Financing Framework.
The Sustainability Financing Framework covers bonds, loans and other financing instruments and links the company’s funding requirements to stretch goals set out in its Sustainable Mining Plan.
Bond investors will be entitled to a higher final coupon payment should the company fail to reduce absolute greenhouse gas emissions by 30% by 2030 compared to 2016, reduce the abstraction of fresh water in water-scarce areas by 50% by 2030 compared to 2015 and support five jobs off-site for every job on site by 2030.
Anglo said the financing mechanism will see a coupon increase of 40 basis points accruing from September 2031 for each of the selected key performance indicators that do not achieve its target or if the verification of the target being achieved has not been published.

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