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

Global central banks increase gold reserves by 37 tonnes in July, continue to accumulate gold

04 september 2024

Global central banks increased their official reserves by 37 tonnes in July, demonstrating a continued commitment to gold accumulation. These figures are based on publicly available data as of 31 July 2024, according to the World Gold Council (WGC) and the IMF.

Diamcor skips first-half rough diamond sales, narrows net loss

04 september 2024

Diamcor Mining failed to generate gross revenues in the interim period that ended June 30, 2024, from rough diamond sales and gains on foreign exchange income from previous rough diamond tender and sales compared to C$1 million ($738, 494) a year earlier.

European countries import dubious Brazilian gold - study

04 september 2024

According to Sao Paulo-based Instituto Escolhas, engaged in study and analysis of fundamental sustainable development themes, reported that all Brazilian gold imports by Germany and 71% by Italy come from Brazilian state of Amazonas, where illegal mining activities are notoriously active.

ALROSA names special diamonds in honor of outstanding Yakutians

04 september 2024

At the end of August, the Russian diamond mining company ALROSA named four large special diamonds in honor of outstanding residents of Yakutia.

Dundee completes sale of Tsumeb smelter

04 september 2024

Canadian gold miner Dundee Precious Metals (DPM) has completed the sale of the Tsumeb smelter, in Namibia, to a subsidiary of Sinomine Resources for $20 million on a debt-free and cash-free basis.

Botswana's ODC eyes $300m credit facility for diamond purchases

03 september 2024

Botswana's state-owned Okavango Diamond Company (ODC) wants a $300 million credit facility from local banks to buy more diamonds.

Russia extends deadline for hallmarking remaining stocks of jewelry items

03 september 2024

As a result of negotiations between the Russian Ministry of Finance and the Federal Assay Chamber (FAC), on the one hand, and representatives of the industry businesses, on the other, Russian Government has issued a decree on extending the deadline for hallmarking the remaining stocks of jewelry items.

Implats to boost 6E refined and saleable production in FY2025

03 september 2024

Impala Platinum (Implats)’s group six-element (6E) refined and saleable production is expected to be between 3.45 million and 3.65 million ounces in the financial year (FY) 2025.

Gold production in Australia recovering amid record prices

03 september 2024

Gold production in Australia in the third quarter of 2024 amounted to 75 tonnes, which is 5 tonnes (7%) more than in the previous quarter, according to Melbourne-based gold mining consultants Surbiton Associates. Total gold production for the 2023-2024 financial year was 297 tonnes, down 10 tonnes from a year earlier.

De Beers backs new G7 diamond import requirements

02 september 2024

De Beers says it is fully prepared for the expansion of G7 import restrictions on Russian diamonds, which extended to diamonds of 0.5 carats and above from September 1.