Tshepo Molusi: South Africa establishes dedicated diamond retail shop in China

T3 Diamonds founder Tshepo Molusi told Rough & Polished’s Mathew Nyaungwa at the inaugural South Africa Diamond Show in Cape Town that the shop opened an opportunity for diamond manufacturers under the incubation to export their products to China. He...

Yesterday

Nosiphiwo Mzamo: South Africa’s State Diamond Trader to buy diamonds from other African countries

South Africa’s State Diamond Trader (SDT) is set to buy diamonds from other African countries starting with Botswana. SDT’s chief executive Nosiphiwo Mzamo told Rough & Polished’s Mathew Nyaungwa at the country’s inaugural diamond show, which...

10 february 2025

Edahn Golan: Halo effect from lab-grown diamonds driving high demand for large, 2-carat natural stones in the U.S.

Edahn Golan, owner of the eponymous Edahn Golan Diamond Research and Data, told Rough & Polished's Mathew Nyaungwa in an exclusive interview that their research found a halo effect from lab-grown diamonds. He said the trend among lab-grown diamond...

27 january 2025

Paul Zimnisky: We will see a modest recovery in natural diamond demand and prices in 2025

According to Paul Zimnisky, an independent diamond and jewellery analyst and consultant based in the New York metro area, the natural diamond industry will see a modest recovery in demand and prices this year. Zimnisky said a moderate recovery would...

13 january 2025

African Diamond Council makes traceability its top priority, wants KP to embrace Authentia.io

The African Diamond Council (ADC) has made traceability its foremost priority and has been contributing to a traceability solution called Authentia.io for the last three and a half years, which is now ready to globally satisfy the traceability...

16 december 2024

Pavlik increased gold production to 9.3 tons in 2023

09 february 2024

In 2023, Russian gold producer Pavlik increased gold output at the mine of the same name in the Magadan region by 29% to 9.288 tons (299,000 ounces), which is an absolute record for the company.

According to the Ministry of Natural Resources and Ecology of the Magadan region, an increase in production by 2.069 tons was achieved due to the commissioning of the second stage of the gold refinery plant last year.

The output of Pavlik-2 at its design capacity will allow to increase production to about 13 tons of gold per year. The total budget of the project exceeded 32 billion rubles.

The reserves of the Pavlik deposit are estimated at 150 tons of gold. The mining and processing plant at the deposit in the Magadan region was opened in 2015, and today the company is among the top 10 Russian gold miners, Interfax reports.

Alex Shishlo for Rough&Polished