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James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

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07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

23 september 2024

Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

Las Bambas copper mine in Peru faces blockade by local community

12 april 2024

A key transport route to the China's MMG-owned Las Bambas copper mine in Peru has been blocked by local activists.

The blockade took place after talks over donations to local development projects failed, a community leader cited by Reuters said.

Last week, residents of the Velille district in Cusco's Chumbivilcas province began blocking Peru's main mining corridor but lifted the protest on Tuesday to meet with company representatives.

By Wednesday, however, the protest was back on after the community members rejected a company offer to contribute one million soles ($270 000) annually in 2024 and 2025 to local development programs - half of what protesters are demanding.

"No agreement was reached at the meeting and we decided to resume the blockade of the corridor," a community leader argued.

"There is no way for mining vehicles to get through on the road."

Las Bambas produced about 302 000 metric tons of copper last year, around 2% of global supply.

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