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...

16 april 2024

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

Miners down tools at Wesizwe’s Bakubung Platinum Mine

08 december 2023

Wesizwe Platinum says employees at its Bakubung Platinum Mine in South Africa have embarked on an illegal sit-in.

It said the sit-in started on 6 December 2023 when employees chose not to return to surface at the end of their shift.

This led to the failure of the next shift to assume their responsibilities.

“On the same day and afternoon, management acted swiftly to diffuse and correct the situation,” said Wesizwe.

“This has been done by having a meeting with the representatives of the aggrieved and participating employees of the underground sit-in.”

It said several issues have been outlined as the grievances and causes of the underground sit-in.

These, it said, include changes to the minimum requested remuneration for employees, changes to employees’ benefits, subsidies and working conditions.

“Management’s intervention plan includes continuous discussion and negotiations with those involved to end the underground sit-in as soon as possible,” said Wesizwe.

“As a short-term intervention, management … cancelled the morning and afternoon shifts on Thursday, 7 December 2023. This [was] to ensure the safety of the rest of our staff and eliminate possibilities of community unrest, which may arise and pose a danger to staff and mine assets.”

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