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

TAGS sells about 90% of goods offered at February Tender

03 march 2023

Trans Atlantic Gem Sales (TAGS) Tender took place between February 23 - 28, 2023. Many regular companies from all the major manufacturing centres, and in addition to some Israeli companies attending for the first time.

Sarine Group's revenue dips 5% in FY 2022

03 march 2023

Sarine Technologies Ltd full year report mentions that the market conditions were challenging throughout most of FY2022 due to negative geopolitical developments, an inflationary economic environment and the overall negative effect on consumer confidence impaired business conditions in the discretionary diamond jewellery value chain.

ALROSA significantly increases the level of employee engagement in 2022

03 march 2023

ALROSA summed up the results of the study of the level of employee engagement. In 2022 it increased by 14 percentage points to 71%, compared with 57% in 2021. This is a significant increase in the indicator of loyalty of the team to the employer for enterprises with similar numbers and specifics, the final indicator exceeds the industry average.

Sibanye-Stillwater adjusted EBITDA drops 40% to $2.5bn in 2022

03 march 2023

PGM and gold miner Sibanye-Stillwater’s adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) were 40% lower at R41.1 billion ($2.5 billion) in 2022 compared to R68.6 billion ($4.6 billion) realised in 2021.

India's retail sales of platinum jewellery increase 22% in Q4 2022

03 march 2023

Indian festive season, as well as a growing demand in the wedding market, demand for platinum jewellery has seen a significant increase in sales. Platinum continued to enjoy strong demand from Indian consumers rising 22 per cent in retail sales in Q4 2022.  

Russian nickel traded in China for yuans

02 march 2023

Russia’s largest mining company, MMC Norilsk Nickel PJSC, has been selling some of its metal in yuan to Chinese buyers at prices set in Shanghai, in a move that highlights how the conflict in Ukraine is changing the dynamics of global commodity flows and empowering China.

SMM: Total global demand in 2023 for platinum to reach 7770 koz, for palladium 10,342 koz

02 march 2023

The total global demand for Platinum and Palladium demand in 2023 will be reach 7770 koz and 10,342 koz respectively, according to SMM, the leading Metals Information provider in China.

Zimplats boosts second-half 6E output

02 march 2023

Impala Platinum’s Zimbabwean unit, Zimplats recorded a 6% increase in production of platinum, palladium, rhodium, gold, ruthenium and iridium (6E) to 300 738 ounces (oz) in the second half of 2022 from 283 829 oz, a year earlier.

Angola’s Lulo shores up Lucapa as Mothae earnings drop

02 march 2023

Lucapa Diamond achieved an attributable EBITDA for the year ended 31 December 2022 of $9.9 million compared to $16.6 million.

Caledonia reports fatality at Blanket Mine

02 march 2023

Caledonia Mining has reported an accident at the Blanket Mine in Zimbabwe, which led to the death of one employee.