Tshepo Molusi: South Africa establishes dedicated diamond retail shop in China

T3 Diamonds founder Tshepo Molusi told Rough & Polished’s Mathew Nyaungwa at the inaugural South Africa Diamond Show in Cape Town that the shop opened an opportunity for diamond manufacturers under the incubation to export their products to China. He...

Yesterday

Nosiphiwo Mzamo: South Africa’s State Diamond Trader to buy diamonds from other African countries

South Africa’s State Diamond Trader (SDT) is set to buy diamonds from other African countries starting with Botswana. SDT’s chief executive Nosiphiwo Mzamo told Rough & Polished’s Mathew Nyaungwa at the country’s inaugural diamond show, which...

10 february 2025

Edahn Golan: Halo effect from lab-grown diamonds driving high demand for large, 2-carat natural stones in the U.S.

Edahn Golan, owner of the eponymous Edahn Golan Diamond Research and Data, told Rough & Polished's Mathew Nyaungwa in an exclusive interview that their research found a halo effect from lab-grown diamonds. He said the trend among lab-grown diamond...

27 january 2025

Paul Zimnisky: We will see a modest recovery in natural diamond demand and prices in 2025

According to Paul Zimnisky, an independent diamond and jewellery analyst and consultant based in the New York metro area, the natural diamond industry will see a modest recovery in demand and prices this year. Zimnisky said a moderate recovery would...

13 january 2025

African Diamond Council makes traceability its top priority, wants KP to embrace Authentia.io

The African Diamond Council (ADC) has made traceability its foremost priority and has been contributing to a traceability solution called Authentia.io for the last three and a half years, which is now ready to globally satisfy the traceability...

16 december 2024

Maaden discovers new gold deposits near its Mansourah Massarah mine

29 december 2023

Saudi Arabian mining company Maaden announced the discovery of multiple gold deposits south of its existing Mansourah Massarah mine that may potentially lead to expansion of gold production in the region.

According to Reuters, samples taken indicated the presence of high grade gold deposits of 10.4 grams per tonne (g/t) gold and 20.6 g/t gold in two random drilling sites 400 meters from and under Mansourah Massarah.

Maaden said in a statement that the finds, along a 100 kilometre strip, were the first from an exploration programme launched in 2022. In light of these results, Maaden planned an "aggressive escalation of planned drilling activities" in 2024 around the existing gold mine.

Mansourah Massarah had gold resources of almost seven million ounces at year-end 2023 and nameplate production capacity of 250,000 ounces a year.

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