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

Lucapa Q3 output, revenue decline

26 october 2023

Lucapa Diamond produced 16,588 carats during the period ending September 30, 2023, from its 40%-owned Lulo alluvial mine in Angola and 70%-owned Mothae mine in Lesotho.

Goznak's profit to stay at 2022 levels this year, gold bullion sales to individuals to reach 1bn rubles

26 october 2023

The state-owned enterprise Goznak plans to receive an annual profit of 8.9 billion rubles ($89 million) in 2023, on a comparable level to last year, company CEO Arkady Trachuk said at a press conference.

The International Metallurgical Summit to be held in Kazakhstan in November

26 october 2023

The International Metallurgical Summit "Metals and Alloys. Kazakhstan" will be held on November 15 in Almaty, the capital city of Kazakhstan.

Two Dubai companies collaborate with PartyNite to form GoldVerse

26 october 2023

Dubai based companies Aumverse FZCO and Createrse FZCO are collaborating with PartyNite to join the exciting world of metaverse to form 'GoldVerse'. This strategic partnership marks a significant step towards bringing together the gold jewellery dealers of the MENA region under one roof.

Norilsk Nickel launched Phase 1 of its Sulfur Program at the Nadezhdinsky Metallurgical Plant

25 october 2023

PJSC MMC Norilsk Nickel commissioned the first line of equipment installed at the Nadezhdinsky Metallurgical Plant as part of the Sulfur Program. The remaining lines of equipment, which have already been installed but not yet put into operation, are planned to be commissioned in 2024.

De Beers Q3 rough sales dip as buyers adopt prudent purchasing strategy

25 october 2023

Anglo American, which has an 85% stake in De Beers, said sightholders took a cautious approach to their purchasing during the third quarter of 2023 as a result of the uncertain macroeconomic environment and high levels of diamond inventory in the midstream.

Kiran Gems set to relocate to Surat along with about 1200 employees

25 october 2023

Billionaire diamond businessman Vallabh Lakhani, Chairman of Kiran Gems is set to bid goodbye to Mumbai on November 21 along with approximately 1,200 employees. Several other diamond companies are said to follow suit in due course.

Petra boosts Q1 output despite declining revenue

25 october 2023

Petra Diamonds increased its output in the first quarter of the fiscal year 2024 by 12% to 696,639 carats, mainly due to Williamson Mine in Tanzania resuming operations ahead of schedule.

Seligdar produced over 6 tons of gold in nine months

25 october 2023

PJSC Seligdar, Russia-based producer of gold and tin, announced its production results for three quarters of 2023.

DGCX launches GCC’s first Shari’ah Compliant Silver Spot Contract

25 october 2023

The Dubai Gold & Commodities Exchange (DGCX), the largest and most diversified derivatives exchange in the Middle East, announced the launch of the GCC’s first Shari’ah Compliant Silver Spot Contract (DSSC), aimed at providing investors with a reliant and transparent platform for trading the white metal.