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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...

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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

Savannah to delay commissioning of Portuguese lithium mine to 2027

02 october 2024

London-based Savannah Resources has announced a delay in commissioning of its Barroso lithium project in Portugal to 2027 due to changes in government.

The company hoped to start production in 2026. However, the previous Portuguese government led by socialist prime minister Antonio Costa was accused of wrongdoings associated with lithium and hydrogen projects in the country.

"The change of government has led to a delay of more than half a year in the development of the project," Reuters quotes Savannah representatives as saying.

The company added that access to land was particularly affected by administrative changes. Previously, Savannah said it would ask the Portuguese government to authorise compulsory land acquisitions for its planned lithium mines. The government has the power to authorise a compulsory purchase in the public interest.

Now the company expects to deliver its definitive feasibility study in the second half of 2025, with the environmental licensing confirmation completed in a similar timeframe. The commissioning and first production from the project could then take place in 2027, it said.

According to the company, the Barroso project is Europe’s most significant resource of hard rock spodumene, containing 28 million tons of ore for a total of 293,400 tons of lithium oxide. In the past, the project has faced strong opposition from local residents and environmentalists.

Theodor Lisovoy, Managing Editor, Rough&Polished