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

Eduard Gorodetsky: Currently we see high demand for synthetic diamonds for use in technology segment rather than in jewelry

Director General of the Advanced Synthetic Research Center Eduard Gorodetsky told Rough&Polished about the current situation at the company, new exclusive technologies in the synthesis and production of lab-grown crystals, as well as the Research Center’s...

11 march 2024

Premier suspends shipment of concentrates for two months

16 november 2023

Premier African Minerals is considering an early cessation of current plant operations at its Zulu lithium and tantalum project, in Zimbabwe with the longer-term goal of production at design capacity not being unnecessarily delayed.

It said this would result in the suspension of shipment of concentrates for two months.

Premier said it is consulting with its offtake and prepayment partner in this regard, who have several options under these circumstances that include a requirement for an interim payment of $1.5 million in respect of each month when the product commitment is not met.

The company said the project should be in full production in January next year.

“Construction of civil works is a major undertaking, and timely completion is essential to ensure the company meets its medium- and longer-term goal of production at full design capacity,” said Premier.

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