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

Lithium project in Tyva to accrue 20 billion rubles of investment

18 september 2023

The Tastyg lithium deposit will be developed in the Republic of Tyva. Metal reserves there are estimated at almost 600 thousand tons, dprom.online reports.

According to the head of the republic Vladislav Khovalyg, capital investments are estimated at 20 billion rubles until 2026.

The auction for the deposit will take place in October, but already the most likely candidate for the acquisition of the deposit is Elbrussmetall-lithium, a subsidiary of Rostec.

Earlier, the federal media got acquainted with the terms of the auction and found a clause stating that the future owner of the site should already have a license for the Tyrnyauzskoye field. There are plans to resume tungsten production at this deposit.

In addition to lithium, it is also possible to extract niobium (7.800 tons), tantalum (3.949 tons) and tin (21.400 tons) at Tastyg. It is estimated that the mine-life of the deposit will amount to about 30 years.

Alex Shishlo for Rough&Polished