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

GV Gold will launch Svetlovskiy mining and processing plant in 2025

11 september 2023

In two years, the Svetlovsky Mining and processing plant, a new gold mining enterprise, will start production in the Irkutsk region, dprom.online reports.

The project for the development of the field of the same name is led by GV Gold. According to the company's calculations, the annual processing volumes of the future mining and processing complex will reach 3.5 million tons of ore. Svetlovskiy mining and processing plant is expected to produce up to 3.1 tons of gold per year.

According to the governor of the Angara region Igor Kobzev, the opening of the plant will have a positive impact on the socio-economic development of the region. The facility will operate in the Bodaibinsky district and will require up to 1.000 employees.

The total resources of the Svetlovskoye deposit amount to 0.66 million ounces of gold (as of January 1, 2021).

Alex Shishlo for Rough&Polished