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

SA Competition Commission approves Eastern Platinum rights-offering transaction

10 november 2023

Eastern Platinum has secured authorisation from the South Africa Competition Commission for Ka An Development to acquire common shares of the firm in accordance with the rights offering.

However, this is contingent upon the implementation of an employee share ownership scheme, which will hold a minimum of 5% of Barplats Mines, its SA subsidiary. It must be established within six months of the company achieving a constant state of specific run of mine tonnages for six consecutive months.

Eastplats possesses several chrome and platinum group metals (PGM) holdings in South Africa, both directly and indirectly.

Its whole portfolio of holdings is located on the eastern limb (Kennedy's Vale, Spitzkop, Mareesburg) and western limb (Crocodile River Mine) of the Bushveld Complex, the geological formation that accommodates around 80% of the world's PGM-bearing ore.

Presently, the Crocodile River Mine is engaged in the re-mining and processing of its tailings resource, which is utilized to extract concentrations of platinum group metals (PGM) and chrome from the Barplats Zandfontein tailings dam.

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