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

New cadastral system to clear backlogs in prospecting, mining applications

06 february 2024

South Africa is confident that the speedy implementation of a modern new cadastral system will clear the backlogs in prospecting and mining applications and pave the way for the development of new mines.

This was said by President Cyril Ramaphosa while officially opening the African Mining Indaba in Cape Town, South Africa, on Monday.

“We committed in 2023 to [improving] the regulatory environment by developing and putting in place a new cadastral system to assist in the operation of a modern mining rights administration system,” he told delegates. 

“Now that we have a preferred bidder in place, we are confident that the speedy implementation of a modern, world-class solution will clear the backlogs in prospecting and mining applications and pave the way for the development of new mines.”

Companies like Botswana Diamonds have been waiting for mining permits to start operations at Thorny River in South Africa since last year.

South Africa is said to have engaged the PMG Consortium to deliver the system, which is expected within a year.

Meanwhile, Ramaphosa said Africa has the potential to be the fulcrum of the global energy transition, with mining at its core.

“The vast majority of the minerals that are key to the global energy transition lie beneath the soil of our continent,” he said.

“These include manganese, iron ore, copper, cobalt, nickel, and platinum group metals."

Ramaphosa also said South Africa is pursuing a just energy transition—one that is at a pace and scale that the country can afford, and in a manner that ensures energy security and creates new opportunities for those affected. 

“Our Just Energy Transition Investment Plan outlines a pathway to create new industries and support more livelihoods in the green economy,” he said. 

“The delivery of this plan is premised on strong collaboration between the government and all social partners. It cannot be overstated how crucial the mining sector is to the success of just outcomes, notably in regions like Mpumalanga.”

Mathew Nyaungwa, Editor in Chief of the African Bureau, from Cape Town, South Africa, Rough&Polished