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

Tsodilo seeks contempt of court against Botswana minerals minister

25 january 2024

Tsodilo Resources has petitioned the Botswana High Court for an interlocutory motion, requesting minerals and energy minister Lefoko Moagi to explain why he should not be deemed in contempt of court for his non-compliance with a December 15 High Court order.

The High Court had ruled that Moagi's denial of Tsolido's renewal application for a prospecting licence (020/2018) was unlawful, illogical, and arbitrary.

He was asked to renew the licence within 14 days and to synchronise the effective dates of contiguous licences (PL 021 to 024/2018) with the renewed licence.

Tsodilo said the minister failed to comply with both of these obligations, and it requested that the High Court declare him in contempt of court and impose a fine of one day's worth of interest and penalties for failing to comply with the judgement.

If this is not possible, Tsolido requests that the court sentence Moagi to a period of incarceration, suspended under terms the court deems reasonable.

Additionally, the company requested that the court order Moagi to reimburse it for the continuous legal expenses it has accrued as a result of this issue.

“We believe the matter will be resolved in short order, and we can resume the evaluation and development of the Xaudum Iron Formation (XIF) project,” said Tsodilo chief executive James Bruchs.

Tsolido owns the Gcwihaba project area where the XIF project is located.

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