Varvara Dmitrieva: The jewelry industry of Yakutia is distinguished by its creativity, unique cultural code and conservation of traditions

Varvara Dmitrieva, Associate Professor and Head of the Department of Precious Stones and Metals Processing Technologies of the North-Eastern Federal University, told Rough&Polished about the results of the Forum of jewelry Craftsmanship and the prospects...

16 april 2024

Valery Budny: There is no strategy and legislation in Russia enabling the full cycle processing of precious raw materials within the country

Valery Budny, Head of the Jewelry Russia program and CEO of the JUNWEX media holding, told Rough&Polished about the results of the meeting and pressing issues in the precious metals and precious stones (PMPS) and the jewelry sectors.

11 april 2024

Paul Zimnisky: Natural diamonds face the risk of eroding their appeal if constantly discounted

New York-based independent diamond and jewellery analyst and consultant Paul Zimnisky told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that the industry should do away with discounts. He said the industry should treat natural diamonds...

01 april 2024

Edahn Golan: Lab-grown diamond prices to continue declining

In an exclusive interview with Rough&Polished's Mathew Nyaungwa, Edahn Golan, proprietor of the eponymous Edahn Golan Diamond Research and Data, predicted that the prices of lab-grown diamonds would continue to decline, especially at the retail and...

25 march 2024

ADPA’s Ellah Muchemwa: G7 restrictions to bring extra costs from diamond mining to retail

The African Diamond Producers Association (ADPA), which has openly registered its disdain for the G7’s rough diamond trade restrictions, is of the opinion that the move will bring extra costs on all stages, from mining to retail. ADPA executive...

18 march 2024

Hummingbird pours first gold at gold mine in Guinea

20 june 2023

Hummingbird Resources has poured the first gold at its Kouroussa gold mine in Guinea within budget and ahead of schedule.

The mine is projected to reach nameplate capacity in the second half of the year.

The Kouroussa project is estimated to produce between 120 000 and 140 000 oz of gold per year in the first three years of commercial operation, followed by an average of 100 000 oz/y for the duration of the mine's life.

The first gold pour at the mine represents a significant strategic milestone for the firm, converting Hummingbird into a multi-asset, multi-jurisdictional gold producer with a gold output profile exceeding 200 000 oz/y.

Hummingbird is preparing an exploration strategy for the rest of the year and beyond 2024, to expand Kouroussa's current reserve base of 647 000 oz at 4.15 g/t.

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