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

Eduard Gorodetsky: Currently we see high demand for synthetic diamonds for use in technology segment rather than in jewelry

Director General of the Advanced Synthetic Research Center Eduard Gorodetsky told Rough&Polished about the current situation at the company, new exclusive technologies in the synthesis and production of lab-grown crystals, as well as the Research Center’s...

11 march 2024

Anglo’s Kumba Iron Ore appoints lead independent non-executive director

21 june 2023

Anglo American unit, Kumba Iron Ore has appointed Mary Bomela as a lead independent non-executive director with effect from July 1, 2023. She joined the Kumba Board as an independent non-executive director in December 2017.

Kumba is a leading supplier of high-quality iron ore to the global steel industry. It produces iron ore in South Africa at the Sishen and Kolomela mines in the Northern Cape Province. Kumba exports iron ore to China, Japan, South Korea, and several countries in Europe and the Middle East.

Kumba delivered a solid production performance with volumes increasing by 14% to 9.4 million tonnes in the first quarter of 2023, largely driven by a strong recovery from the Kolomela mine.

Sales volumes were maintained at 9.5 million tonnes.

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