Dr M'zée Fula Ngenge: Demand for considerable-sized diamonds stronger than ever

The African Diamond Council (ADC) chairperson Dr M'zée Fula Ngenge told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although overall global diamond prices have been somewhat soft, the demand for considerable-sized diamonds...

02 september 2024

Amplats sees prospects as a standalone company

Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred...

19 august 2024

WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges

Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major...

12 august 2024

Lyudmila Vysotskaya: Amber is a mystical stone, a living substance

Lyudmila Vysotskaya is a Kaliningrad-based amber artist and designer, expert, chairwoman of the Amber Academy and member of the Creative Union of Artists in Decorative and Applied Arts. This summer, visitors could admire the art works by Lyudmila Vysotskaya...

30 july 2024

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

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