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

Minister: Mining giants flock to Angola

24 november 2023

Angola is attracting the attention of major mining companies, with the minister of mines announcing that several mining giants have shown interest in investing in the country.

“We managed, in the last term, to bring to our country two large mining companies, Rio Tito and Anglo American. We [also] managed to get De Beers back to Angola,” Minister of Mineral Resources, Diamantino Azevedo told a mining conference in Lunda.

“Today we had the pleasure of witnessing the signing of two mining investment contracts for copper prospecting between the National Agency for Mineral Resources and Ivanhoe Mines. It is another great company that has concluded that Angola is a good country to invest in."

The Angolan government and De Beers inked two mining investment contracts last year for diamond prospecting in the provinces of Lunda Norte and Lunda Sul.

Initial data suggested that the two concession sites possess substantial geological potential.

De Beers had previously expressed its support for the advancements made by the Angolan government, which included increased transparency in the diamond mining sector and the division of authority among the relevant governmental entities.

Meanwhile, Azevedo said that the mining industry is actively involved in decarbonisation efforts and the mitigation of greenhouse gas emissions.

He said that Angola rejects unjust energy transition mandates in favour of a sensible, equitable transition that considers the country's interests and requirements.

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