Dr M'zée Fula Ngenge: Demand for considerable-sized diamonds stronger than ever

The African Diamond Council (ADC) chairperson Dr M'zée Fula Ngenge told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although overall global diamond prices have been somewhat soft, the demand for considerable-sized diamonds...

02 september 2024

Amplats sees prospects as a standalone company

Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred...

19 august 2024

WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges

Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major...

12 august 2024

Lyudmila Vysotskaya: Amber is a mystical stone, a living substance

Lyudmila Vysotskaya is a Kaliningrad-based amber artist and designer, expert, chairwoman of the Amber Academy and member of the Creative Union of Artists in Decorative and Applied Arts. This summer, visitors could admire the art works by Lyudmila Vysotskaya...

30 july 2024

De Beers shines light on budding jewellery designers

Diamond giant De Beers will this year conduct its bi-annual Shining Light Awards jewellery design competition. De Beers beneficiation manager Kagiso Fredericks told Rough & Polished's Mathew Nyaungwa in an exclusive interview they set aside 4.5 carats...

22 july 2024

ALROSA is on the verge of discovering new diamond deposits

26 december 2022
ALROSA expects an operational increase in reserves due to the assessment and exploration of open kimberlite bodies and diamond placers, which will be studied within the existing infrastructure of mining and processing plants. This was announced by the chief geologist of ALROSA Konstantin Garanin.
He spoke at the Far Eastern Forum "Industry and Geological Exploration: Through the 100th anniversary" held in Yakutsk
Speaking about the most promising areas of the Russian Federation from the point of view of kimberlite detection, where ALROSA has carried out prospecting work in the last two decades, Garanin noted the need to enter new territories in the north of Yakutia, in the north-west and north-east of the country – in the Krasnoyarsk Territory and the Irkutsk Region.
In an interview 1sn.ru Garanin said that in the long term, the works are viewed mainly within the two main diamond-bearing provinces: Yakutsk and East European. Geological exploration will also be carried out in the Tunguska diamond-bearing province, where no deposits have yet been discovered.
In the meantime, in the medium term, the main prospecting work will be carried out in the main diamond-bearing areas: Malobotuobinsky, Daldino-Alakitsky, Srednemarkhinsky, Munsky in Yakutia and Zimneberezhny in the Arkhangelsk region.
"We expect discoveries in the Ygyatta and Murbai diamond-bearing areas as well: these are the main areas for geological exploration," Garanin said.
Answering the question about the estimated prospective diamond reserves in Russia as a whole and in the republic, in particular, he said that their number is more than 1.1 billion carats.
The reserves are mainly concentrated in the unique deposits of Yakutia and the Arkhangelsk region. Small amounts of reserves also exist in the Perm Region, where geologists have explored several small placers.
Yakutia is the leader among the regions in terms of reserves, 82% of all diamond reserves in the country are localized here, Garanin said.
Among the main challenges facing the industry, he called the insufficient level of regional study of promising territories, which can be dealt with by advancing geological and geophysical exploration of the subsurface with the involvement of state funding and combining the efforts of the state and private companies.

Alex Shishlo for Rough&Polished