Exclusive
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
Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets
Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.
16 september 2024
Sylvania Q3 PGMs output exceeds target
Company chief executive Jaco Prinsloo said output for the quarter exceeded their target.
“Traditionally, quarter three is a lower quarter in terms of production as a result of the slower startup after the December break at the host mines and the shorter February month,” he said.
“In comparison with quarter three of full-year 2022, production increased by 13.2% due to various interventions at the operations which have assisted in improving the recovery efficiencies at some of the plants.”
Prinsloo said SDO had increased the annual PGM production guidance to between 72 000 oz and 74 000 oz of 4E PGMs for full-year 2023 owing to strong production performance for the year to date and positive results following the post-commissioning optimisation of the Tweefontein MF2.
Meanwhile, SDO registered $ 26.5 million in net revenue for the quarter.
Its group earnings before interest, taxes, depreciation and amortisation for the period under review were $ 9.8 million.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished