De Beers shines light on budding jewellery designers

Diamond giant De Beers will this year conduct its bi-annual Shining Light Awards jewellery design competition. De Beers beneficiation manager Kagiso Fredericks told Rough & Polished's Mathew Nyaungwa in an exclusive interview they set aside 4.5 carats...

22 july 2024

DiaMondaine Diamantaires Club mulls diamond safari tours in southern Africa

DiaMondaine Diamantaires Club (DDC) is set to organise diamond safari tours in southern Africa, home to major diamond-producing countries. DDC founder Agnes Abdulahu told Rough&Polished’s Mathew Nyaungwa that the launch of the first diamond safari...

15 july 2024

Vladislav Zhdanov: Questions of efficiency and investment potential of diamond mining versus diamond growing pique keen interest

Vladislav Zhdanov is Professor at the National Research University Higher School of Economics (HSE). He told Rough&Polished about new researches into the effectiveness of diamond production methods.

02 july 2024

Why it's expensive to cut and polish diamonds in Africa? ADMA president António Oliveira has the answer

The African Diamond Manufacturers Association (ADMA) president António Oliveira told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that the lack of a robust infrastructure in Africa fails to accelerate and encourage manufacturing...

24 june 2024

Edahn Golan: IPO feasible but not Anglo’s preferred way to sell De Beers

Edahn Golan, owner of the eponymous Edahn Golan Diamond Research and Data, told Rough&Polished's Mathew Nyaungwa in an exclusive interview that while an IPO of De Beers is “feasible,"  he does not think this is a route Anglo American...

17 june 2024

Gemfields’ first-half emerald, ruby output dip

02 august 2023

The Kagem emerald mine in Zambia produced 17.4 million carats of emeralds for Gemfields in the six months ended on June 30, including 85,000 carats of quality emeralds.

This is down from the 18.9 million carats produced in the same period last year.

In addition, 772 000 carats, including 35 760 carats of quality rubies, were mined from the Montepuez ruby mine in Mozambique.

In the same time frame last year, the mine extracted 1.6 million carats of ruby.

For the first nine months of the year, Gemfields reported just below $65 million in income from emerald auctions and $80.4 million in revenue from ruby auctions.

The miner will deliver a comprehensive report in September.

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