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

RBPlat CEO’s tenure to expire on August 31

21 august 2023

Royal Bafokeng Platinum (RBPlat) says the contract of Steve Phiri as its chief executive will end on August 31 following the successful completion of Impala Platinum's (Implats') takeover of RBPlat.

Phiri had initially planned to resign as chief executive in 2022, but his retirement was delayed due to announcements made by Implats and Northam Platinum, regarding the potential acquisition of RBPlat.

RBPlat decided in April of this year to extend Phiri's contract until October 7.

This extension was granted to ensure that his employment would continue until the outcome of the corporate action became certain.

However, due to Implats' acquisition of a 98.91% majority stake in RBPlat and successfully obtaining all necessary regulatory approvals, his contract will be concluded earlier.

“After more than 18 months of corporate action, our journey to become a fully owned part of Implats is finally becoming a reality and we are excited about the changes this will bring,” said Phiri. “…as I finally retire, I take comfort in knowing that the future is in good hands, and you will work to create a better future for all South Africans.”

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