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

Oriole records 23% growth in resource inventory to 375,000 oz at the Bibemi gold project

16 january 2024

AIM-quoted gold exploration company Oriole Resources says the Inferred JORC-compliant Mineral Resource Estimate (MRE) at its 82.2%-owned Bibemi orogenic gold project in Cameroon increased 23% to 375,000 ounces (oz), grading 2.30 grammes per tonne (g/t) gold.

It said the updated MRE was prepared mainly based on an updated gold price as part of the ongoing technical studies to support the application for an exploitation licence later this year.

Oriole said the entire resource was defined within the limit of a $2,000/oz gold price pit shell.

"We have been pleased to see the maiden resource support this pit expansion and deliver not only additional tonnes but also at a higher grade,” said Oriole chief executive Tim Livesey.

"As we progress toward our fifth phase of drilling at Bibemi, with our partners BCM, we look forward to further expansion of the Bakassi Zone 1 Resource. We are also keen to test and define the potential at the other three prospect areas. This project is shaping up to be very robust and offers the opportunity for early development of a potential multi-pit gold mining operation."

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