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.


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

Eduard Gorodetsky: Currently we see high demand for synthetic diamonds for use in technology segment rather than in jewelry

Director General of the Advanced Synthetic Research Center Eduard Gorodetsky told Rough&Polished about the current situation at the company, new exclusive technologies in the synthesis and production of lab-grown crystals, as well as the Research Center’s...

11 march 2024

Northern Star Resources to expand its flagship Fimiston gold mine in Australia

02 april 2024

Kalgoorlie Consolidated Gold Mines, a subsidiary of Northern Star Resources, has filed an appeal to the government of Western Australia to expand the so-called ‘Super Pit' at the Fimiston gold mine.

The expansion would make it possible to expand the mine life of the project to 2034. The miner wants to increase the area of the development to 7 795 ha, up from the currently approved 5 914 ha, it said.

The move by Northern Star will allow the company, which is Australia’s largest listed gold producer, to widen and deepen the open pit operations at Fimiston and greatly increase its available resources.

Last year, the company invested $975 million to more than double processing capacity at its Kalgoorlie operations.

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