Exclusive
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
Evolution announces record profit in 2024, targets higher production
15 august 2024
Australia's second-largest gold miner Evolution Mining has announced record profits for its 2024 financial year. The New South Wales (NSW)-based gold and copper miner posted a 2.5x jump in statutory profit to $422.3 million for the year ended June, on revenue up 44% to $3.215 billion.
Eastern Platinum's second-quarter revenue almost halved as output declines
15 august 2024
Eastern Platinum’s revenue decreased 48.6% to $18.8 million in the second quarter of 2024 compared to $36.6 million, a year earlier.
LBMA Reports Increases in Gold And Silver In London Vaults In July
15 august 2024
The London Bullion Market Association (LBMA) reports that as of the end of July the amount of gold held in London vaults rose slightly on the month to 8,651 tonnes (a 0.6% increase on the June figure).
ALROSA's profit down 35% in H1 2024
14 august 2024
In the first half of 2024, the profit of the Russian diamond mining company ALROSA decreased by 35% to 36.6 billion rubles ($404.7 million) under international financial reporting standards (IFRS), while revenue decreased by 5% to 179.5 billion rubles ($1.98 billion).
Kavango assays confirm Nara gold mineralised system
14 august 2024
Kavango Resources’ recent diamond drilling programme at the Nara Gold Exploration Project in Matabeleland, southern Zimbabwe has confirmed the presence of a gold mineralising system, highlighting anomalous gold zones underneath and directly associated with surface artisanal gold-producing structures.
India to fund research institutes, provide technical assistance to mining companies
14 august 2024
India plans to fund research institutes which would provide technical assistance to mining companies as the country increases efforts to develop its mining industry and reduce a near-total dependence on imported lithium and rare earth metals.
Greenland Ruby enters restructuring amid insufficient income
14 august 2024
Greenland Ruby, the owner of a sole gemstone mine in Greenland, will sell some of its operations and enter restructuring amid its inability to generate sufficient income to pay off debts.
Orion receives additional high-priority prospecting rights for its SA copper project
14 august 2024
Orion Minerals has been granted two additional prospecting rights (PR) for its Okiep Copper Project (OCP) in the Northern Cape Province of South Africa.
Lucara boosts second-quarter revenue from Karowe
13 august 2024
Lucara Diamond sold 76,387 carats of diamonds from its wholly-owned Karowe Mine in Botswana, generating revenue of $41.3 million during the second quarter of 2024 compared to $38.6 million a year earlier.
Gold Fields to acquire Osisko for $1.56 bn to consolidate Windfall gold mine ownership
13 august 2024
Gold Fields has agreed to acquire Osisko Mining shares for C$2.16 billion ($1.56 billion) to take full control of the of the Windfall Project in Québec, Canada, subject to approval by Osisko’s shareholders.
