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.

Yesterday

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

Namibia reopens Deep-South's Haib copper licence renewal application process

22 june 2023

Namibia’s Mines and Energy Ministry has re-opened Deep-South Resources’ Haib copper licence renewal application process with the granting of a "pending renewal" status.

The ministry was directed in March by the High Court of Namibia to pave the way for the licence renewal application process and make a new determination following a protracted legal dispute.

This came when the Ministry decided not to renew the company's Haib licence in 2021.

Deep-South claims that the application process is far along and that it anticipates hearing back in the upcoming weeks.

Because the licence has been renewed, pending the renewal of the Ministry's Mining Cadastre, Ministry authorities have welcomed the business to begin exploration operations at any moment.

Deep South's management, on the other hand, believes it is sensible to wait.

"We are confident that the licence will be renewed in a timely manner,” said Deep-South president and chief executive Pierre Leveille.

“We visited the site last week in order to prepare resumption of exploration and to be ready to start the work quickly when the final decision will be rendered.”

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