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

Heavy rainfalls in Western Australia lead to gold ore processing plant failures

18 march 2024

Recent heavy rainfalls in parts of Western Australia have led to issues for gold miners in the region - from processing plant failures to open pit inaccessibility.

According to Mining Weekly portal, the Gruyere gold mine has suspended operations due to adverse weather conditions, being inundated with about 140 mm of rain. The project is a joint venture between Gold Fields and Gold Road. Laverton Shire road has also been closed down, cutting off access to Gruyere. Despite this, Gruyere’s full-year guidance remains unchanged at between 300 000 oz and 335 000 oz.

At the same time, Westgold company operating in the Murchison and Bryah regions has also suffered from the weather. Flooding has impacted some operations and put a strain on both surface and underground haulage. Wet ore led to crusher failures at Fortnum and Tuckabianna operations.

The company also said that it halted mining at the Paddy’s Flat underground mine which would impact its full-year guidance by 15 000 oz to 20 000 oz.

However, Westgold's full-year guidance across all operations remains unchanged at 245 000 oz to 265 000 oz, but it may be at the bottom-end of this range.

Theodor Lisovoy, Editor in Chief of the European bureau, Rough&Polished