Who will bear the cost? Paul Zimnisky weighs in on U.S. jewellery tariff impact

The United States jewellery industry is facing a complex balancing act as new tariffs on diamonds force wholesalers and retailers to decide whether to absorb costs, negotiate with overseas suppliers (particularly India), or pass them on to consumers...

14 april 2025

Thataitsile Moremedi: South Africa's State Diamond Trader providing market access, exposure for nascent manufacturers

Although it is challenging for previously disadvantaged individuals to enter the diamond industry due to the financial barriers, South Africa's State Diamond Trader is providing nascent entrepreneurs with exposure, market access, and other support...

31 march 2025

Dr M'zée Fula Ngenge: KP has failed to adapt to contemporary challenges

The United Nations-backed Kimberley Process (KP), established in 2003 to prevent conflict diamonds from entering the mainstream rough diamond market, has failed to adapt to contemporary challenges, such as state-sponsored violence and sophisticated...

17 march 2025

Valentin Skurlov: Over the past 25 years, Fabergé Researches have progressed to discussing the new approaches to studying Fabergé’s legacy

Valentin Skurlov is an Honorary Academician of the Russian Academy of Arts (St. Petersburg), art historian, professor, Scientific Secretary at the Fabergé Memorial Foundation, consulting researcher in the Fabergé’s masterpieces at the Russian...

03 march 2025

Valery Budny: In the current economy, domestic jewelry manufacturing continues thanks to new technologies introduced over the past two decades

In February, JUNWEX St. Petersburg 2025 International Jewelry Industry Forum, one of the most significant projects of the “Jewelry Russia” Unified Exhibition Program, was held in St. Petersburg. Valery Budny, Head of the Jewelry Russia Program and CEO...

25 february 2025

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