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...

Yesterday

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

Harmony on course to meet production guidance

30 january 2024

Harmony Gold Mining is still on course to meet the higher end of full-year production guidance with costs comfortably below expectations.

It said total gold production for the six months ended 31 December 2023 (H1FY24) was between 820 000 ounces (25 505kg) and 835 000 ounces (25 971kg), an increase of between 12% and 14% compared to the previous year.

Harmony said the production increase was due to the South African underground recovered grades exceeding the upper end of the guided 5.60 to 5.75g/t in H1FY24, driven mainly by the company’s high-grade operations at Mponeng and Moab Khotsong.

A strong performance by the South African surface-source operation and improved operational performance from Hidden Valley in Papua New Guinea also helped boost output.

It said guidance for the 2024 financial year remains unchanged at the upper end of 1, 38 million to 1,48 million ounces of gold and gold equivalents.

Underground recovered grade guidance also remains unchanged at between 5.60 to 5.75g/t, said Harmony.

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