Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

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

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

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

Barrick to briefly halt production at major gold mine due to armed violence outbreak

18 september 2024

Barrick Gold has suspended operations at its Porgera gold mine in Papua New Guinea until Thursday as local tribes in the region were engaged in armed conflict that left more than 20 people killed.

The violent outbreak between illegal settlers squatting near the gold mine and local landowners led the authorities to grand the police emergency powers, including the use of lethal force, to contain the incident, Reuters reported.

"The Porgera gold mine has suspended the majority of its operations until 19 September for the protection of its employees while the government restores law and order in the surrounding region," a spokesperson for the company said in a statement, adding that two of its employees were killed in the violence.

The Porgera gold project has measured and indicated resources of 10 million ounces and inferred resources of 3.4 million ounces. In 2019, it was put under care and maintenance due to a dispute with authorities over its ownership, as well as previous cases of tribal fighting. The operations resumed earlier this year.

Theodor Lisovoy, Managing Editor, Rough&Polished