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

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

Rockwell’s new SA diamond mine to produce 1200 ct/month

18 january 2012

Rockwell Diamonds said it will produce 1200 carats a month at its newly acquired alluvial mine in South Africa, Tirisano.
"We are looking at an expansion to Tirisano. We are still at a ramping-up stage. It’s going to be a gradual process," company chief executive James Campbell said.
"With the completion of the acquisition, and having completed the new processing and recovery facilities and mining schedule as well as having replaced management, we are well on our way to establishing a second profitable and long-life operation."
Rockwell said although diamond grades at Tirisano were disappointing in the first months after commissioning, higher than expected prices were paid for the first stones, chiefly as a result of higher than expected recoveries of +10 carat stones.
Production at Tirisano during the quarter totaled 1,244 carats from 153,099 cubic meters of gravel processed, it said.
The diamond miner said sales, which included the product that was acquired when the acquisition became effective, amounted to 1,625 carats at an average price of $783 per carat.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished