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...

Yesterday

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

Caledonia sets a new quarterly record for Blanket mine production

13 october 2023

Caledonia Mining's Blanket Mine in Zimbabwe set a new quarterly record for gold production with 21,772 ounces during the quarter ending September 30, 2023.

This was a 3% rise compared to the 21,120 ounces produced in the same quarter of 2022.

It said that 55,244 ounces of gold were produced in the nine months leading up to September 30.

"We have invested heavily in Blanket over the last seven years, including investment this year to construct a new tailings storage facility, which is expected to have a life of at least 15 years based on the current production profile and will support production well into the future,” said company chief executive Mark Learmonth.

"The recent encouraging drill results at Blanket indicate that there is additional mineralisation that may, in due course, be accessed using the current infrastructure and which should further extend the life of Blanket."

In the meantime, Caledonia maintained its gold output forecast for 2023 at 75,000 to 80,000 ounces.

"Blanket continues to provide a solid foundation for the company, providing us with a platform for our other growth projects in Zimbabwe," he said.

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