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

Gaetano Cavalieri: CIBJO leading the jewelry industry on critical issues

One of the gem and jewellery industry’s most well-known and respected personalities, Dr. Gaetano Cavalieri, has been the president of the World Jewellery Confederation (CIBJO), for the past 23 years. CIBJO is the oldest international organisation...

09 december 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