Tshepo Molusi: South Africa establishes dedicated diamond retail shop in China

T3 Diamonds founder Tshepo Molusi told Rough & Polished’s Mathew Nyaungwa at the inaugural South Africa Diamond Show in Cape Town that the shop opened an opportunity for diamond manufacturers under the incubation to export their products to China. He...

17 february 2025

Nosiphiwo Mzamo: South Africa’s State Diamond Trader to buy diamonds from other African countries

South Africa’s State Diamond Trader (SDT) is set to buy diamonds from other African countries starting with Botswana. SDT’s chief executive Nosiphiwo Mzamo told Rough & Polished’s Mathew Nyaungwa at the country’s inaugural diamond show, which...

10 february 2025

Edahn Golan: Halo effect from lab-grown diamonds driving high demand for large, 2-carat natural stones in the U.S.

Edahn Golan, owner of the eponymous Edahn Golan Diamond Research and Data, told Rough & Polished's Mathew Nyaungwa in an exclusive interview that their research found a halo effect from lab-grown diamonds. He said the trend among lab-grown diamond...

27 january 2025

Paul Zimnisky: We will see a modest recovery in natural diamond demand and prices in 2025

According to Paul Zimnisky, an independent diamond and jewellery analyst and consultant based in the New York metro area, the natural diamond industry will see a modest recovery in demand and prices this year. Zimnisky said a moderate recovery would...

13 january 2025

African Diamond Council makes traceability its top priority, wants KP to embrace Authentia.io

The African Diamond Council (ADC) has made traceability its foremost priority and has been contributing to a traceability solution called Authentia.io for the last three and a half years, which is now ready to globally satisfy the traceability...

16 december 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