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

Zimplats will complete construction of a 35 MW solar facility in July - chairperson

26 june 2023

Zimplats, Zimbabwe's largest platinum producer, anticipates the construction of its 35-megawatt (MW) solar facility at the Selous Metallurgical Complex (SMC) to be completed by the end of next month.

The project is the first phase of an 185 MW solar power plant worth $201 million.

"Implementation of the solar plant at SMC, which is phase one, which is a 35MW plant of the total, is earmarked for completion at the end of this coming month, that is July 2023," Zimplats chairperson Thandi Orleyn was quoted as saying by The Standard.

Zimplats is also building a larger smelter at SMC as part of its $1.8 billion development plan.

“We are now on the third phase of the expansion programme with an investment tag of a potential US$1,8 billion, of which US$1,4 billion has already been approved by the Zimplats board and shareholders which began last quarter of calendar year 2021,” she said.

“Other major projects still underway include the construction of a wet acid plant that will produce sulphuric acid used in the manufacture of phosphate fertilisers for agricultural purposes, a base metal refinery, and lastly, the expansion of tailing storage facilities.”

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