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

Diavik diamond output down in Q1 as production suspended due to fatal plane crash

19 april 2024

Diamond production at Rio Tinto’s Diavik mine in Canada fell 22% year on year to 740,000 carats in the first quarter of 2024. The company suspended production at the mine after four workers lost their lives in a plane crash in January.

“We have been deeply affected by the loss of four Diavik colleagues and two airline crew members in a plane crash in January. This tragedy has strengthened our resolve to never be complacent about safety,” said Rio Tinto CEO Jakob Stausholm.

Rio Tinto stopped diamond production for an unspecified time following the tragedy.

Meanwhile, production was 12% higher than the previous quarter (Q4 2023), during which the miner closed two kimberlite pipes and produced lower-grade ore. Kimberlite processing fell 20% year on year and amounted to 343,000 tonnes during the reporting quarter.

Rio Tinto has transferred ownership and operational responsibilities for the Fort a La Corne diamond project in Saskatchewan, Canada, to Star Diamond Corporation in exchange for shares during the first quarter of 2024.

Diamond output at Diavik amounted to 3.3 million carats in 2023.

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