De Beers shines light on budding jewellery designers

Diamond giant De Beers will this year conduct its bi-annual Shining Light Awards jewellery design competition. De Beers beneficiation manager Kagiso Fredericks told Rough & Polished's Mathew Nyaungwa in an exclusive interview they set aside 4.5 carats...

22 july 2024

DiaMondaine Diamantaires Club mulls diamond safari tours in southern Africa

DiaMondaine Diamantaires Club (DDC) is set to organise diamond safari tours in southern Africa, home to major diamond-producing countries. DDC founder Agnes Abdulahu told Rough&Polished’s Mathew Nyaungwa that the launch of the first diamond safari...

15 july 2024

Vladislav Zhdanov: Questions of efficiency and investment potential of diamond mining versus diamond growing pique keen interest

Vladislav Zhdanov is Professor at the National Research University Higher School of Economics (HSE). He told Rough&Polished about new researches into the effectiveness of diamond production methods.

02 july 2024

Why it's expensive to cut and polish diamonds in Africa? ADMA president António Oliveira has the answer

The African Diamond Manufacturers Association (ADMA) president António Oliveira told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that the lack of a robust infrastructure in Africa fails to accelerate and encourage manufacturing...

24 june 2024

Edahn Golan: IPO feasible but not Anglo’s preferred way to sell De Beers

Edahn Golan, owner of the eponymous Edahn Golan Diamond Research and Data, told Rough&Polished's Mathew Nyaungwa in an exclusive interview that while an IPO of De Beers is “feasible,"  he does not think this is a route Anglo American...

17 june 2024

Endeavour approaches court to stop strike in Burkina Faso

02 february 2024

An Endeavour Mining unit has filed a lawsuit to stop a strike in Burkina Faso that has hampered operations at its second-largest gold mine.

A subsidiary that administers the Hounde project filed procedures in a Burkinabe court on January 26 to “highlight the illegality” of the “unplanned work stoppage” that began five days earlier, according to Bloomberg.

The memo, signed by Hounde's general manager, Adama Savadogo, states that the Endeavour business is seeking an injunction from a Bobo-Dioulasso court.

Hounde, 250 kilometres southwest of Ouagadougou, produced over 30% of Endeavour's 1.1-million-ounce gold last year.

Mining output is predicted to drop 7% to 290,000 ounces in 2024.

The firm has assets in Senegal and Ivory Coast.

An unnamed Burkina Faso mining ministry official claimed a delegation went to the mine to facilitate negotiations between the workers and the company.

He said Burkina's gold output could suffer if the conflict continues unabated.

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