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

Lobito Atlantic Railway makes first copper shipment to the US

26 august 2024

Railway operator Lobito Atlantic Railway (LAR) has begun exporting copper produced in the Democratic Republic of Congo (DRC) from the port of Lobito, in Angola, loaded on the MSC SAMU container vessel to the United States.

“This shipment highlights the growing supply of services by international shipping companies to the port of Lobito, which will support the growing development of our operations and regular shipments of raw materials to Europe and America,” LAR board of directors chairperson Francisco Franca was quoted as saying by Mining Weekly.

A cargo of copper cathodes destined for Baltimore arrived in Lobito on August 19 on a LAR-operated train from Kolwezi within six days.

This was said to be a time-efficient western route to market that is now available for minerals and metals produced in the Congolese Copper Belt.

The LAR consortium joint venture was awarded a 30-year concession for Trafigura, Mota-Engil, and Vecturis.

The railway extends across Angola for about 1,300 kilometres, from the Port of Lobito to Luau in eastern Angola.

It connects Kolwezi to the rail system in the DRC run by the National Railway Society of the Congo.

Mathew Nyaungwa, Editor in Chief, Rough&Polished