Sarine’s David Block: Diamond Industry at Standstill Until Chinese Demand Returns

David Block is CEO of Israel’s Sarine Technologies and has served in the position since 2012. In this exclusive interview for Rough and Polished, Block gives his opinion on the leading issues affecting today’s diamond trade.

11 september 2024

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

Diavik mine to be 25% powered by solar

05 july 2024

Rio Tinto has completed installation of a 3.5-megawatt solar power plant at its Diavik diamond mine in Canada’s Northwest Territories, which is the largest off-grid solar power plant across the country.

The company expects that the facility will generate 4.2 million kilowatt-hours of solar energy annually, reducing diesel consumption at Diavik by one million litres per year and cutting greenhouse gas emissions by 2,900 tonnes of CO2 equivalent.

“This is comparable to removing 630 cars from the road each year,” Rio Tinto said in a statement.

The solar power plant will provide up to 25% of Diavik’s electricity during closure work, with commercial production at the mine expected to end in 2026 and closure to run until 2029. The solar project complements a wind power plant at Diavik, which has been operating since 2012 and is the largest wind power installation in Canada’s North.

“The largest off-grid solar power plant in Canada’s North is our latest commitment to the environment we live and work in, and will improve the energy efficiency of our operations at Diavik. We are proud to lead the way for large-scale renewable energy projects in Canada’s North,” said Diavik’s COO Matthew Breen.

Construction of a 6,620-panel solar array began in February 2024. The project was supported by C$3.3 million in funding from the Government of the Northwest Territories. Diavik is working with the authorities and community partners to determine how its renewable energy infrastructure can best benefit the region following the mine’s closure.

Theodor Lisovoy, Editor in Chief, Rough&Polished