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

AngloGold to step up gold exploration in Guyana by acquiring stake in G2 Goldfields

29 december 2023

AngloGold Ashanti plans to acquire a stake in Guyana's G2 Goldfields exploration company involved in the discovery of millions of ounces of gold in the country.

According to Mining Weekly, G2 Goldfields was successful in its exploration efforts on the Guiana Shield, which, in Guyana alone, is a home to three large gold projects: Aurora, Omai and Toraparu deposits. In addition to finding gold in Guyana, G2 has also been involved in the financing and development of Aurora project. AngloGold plans to acquire a 11.7% stake in the company.

“This strategic investment will provide us with a strong position in one of the world’s key gold provinces with significant potential for new discoveries,” said AngloGold's CEO Alberto Calderon to Mining Weekly.

AngloGold expresses the belief that the company’s exploration properties have significant growth potential. As part of the share subscription, which is expected to close in next month, AngloGold will be granted pre-emptive and top-up rights for future security issuances by G2.

Theodor Lisovoy, Editor in Chief of the European bureau, Rough&Polished