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...

Yesterday

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

Sibanye-Stillwater provides emergency financial support for New Century

28 march 2023
Multi-national mining and metals processing company Sibanye-Stillwater has approved financial support of up to A$30 million for New Century Resources following the suspension of operations at the Century mine due to extreme weather affecting Northern Queensland, Australia.
Record levels of rainfall affecting North Queensland resulted in flooding at the Century mine and Karumba port facility early this month.
It said no safety incidents were experienced, and core infrastructure remains secure.
However, due to the extent of the flooding event, operations are currently estimated to remain suspended for a further two to three weeks, resulting in about 15 000 tonnes to 20 000 tonnes of zinc metal production being affected. 
Sibanye-Stillwater said it remains committed to working with New Century to ensure the safety of the on-site team and the safe restart of operations. 
Sibanye-Stillwater recently announced its intention to make a takeover bid via its Australian subsidiary to New Century shareholders, to acquire up to 100% of New Century's share capital through an off-market takeover bid.
The takeover bid opened for acceptance by New Century shareholders on 7 March 2023 and will close on 11 April 2023 unless extended. 

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