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

Woomera signs agreement to acquire stake in Mongolian copper-gold project

13 august 2024

Australian company Woomera Mining has signed a binding agreement to acquire up to 100% of the stake in Kincora Copper’s Bronze Fox copper-gold project in Mongolia’s South Gobi copper belt.

Caledonia on track to meet 2024 production guidance

13 august 2024

Caledonia Mining is on track to achieve production at Zimbabwe’s Blanket Mine within its pre-disclosed guidance range of 74,000 to 78,000 ounces (oz) for 2024.

De Beers cancels August sight in response to the diamond industry's oversupply

12 august 2024

De Beers has cancelled its August sight and rescheduled sale dates for later in the year in response to the diamond industry's overstock.

UAE suspends 32 gold refineries in anti-money laundering campaign

12 august 2024

The United Arab Emirates (UAE) announced temporary suspension of 32 gold refineries as part of the country's ongoing anti-money laundering campaign. According to the decision of the Ministry of Economy, the closure of the refineries is related to a series of inspections of the production and trade chains of precious metals and stones in order to comply with anti-money laundering laws in the gold sector.

Namibia makes it tough to obtain mining permits — report

12 august 2024

The Namibian government has implemented a more stringent approach to the issuance of permits, as less than half of the mining ventures it has granted are currently operational.

India sets up association for gold quality and standards

09 august 2024

The Indian gold industry has announced the establishment of its own Association for Gold Excellence and Standards (IAGES), with the support of the World Gold Council (WGC). The self-regulatory body aims to enhance consumer confidence and strengthen the credibility and trust of the industry itself, the WGC said.

New London Diamond Bourse President Sets Out His Agenda

09 august 2024

The London Diamond Bourse’s new President, David Troostwyk, gave his views on everything from lab grown diamonds, the impact of G7 sanctions and how he and the bourse’s leadership aim to put the exchange at the center of the UK diamond industry’s activities. All this at a time when the industry worldwide is facing many challenges.

Slumping diamond demand forces Indian diamond manufacturer to put 50,000 workers on holiday

09 august 2024

A global slowdown in diamond demand has forced Kiran Gems, a renowned diamond manufacturer in Surat, India, to take the unprecedented step of suspending operations for 10 days, with 50,000 employees taking a holiday.

Implats boosts refined 6E output as earnings collapse

09 august 2024

Impala Platinum’s (Implats) refined platinum, palladium, rhodium, iridium, ruthenium, and gold (6E) production, which includes saleable ounces from Impala Bafokeng and Impala Canada, rose 14% to 3.38 million 6E ounces during the financial year ended June 30.

Zambia's proposed mining law might discourage investment – report

09 august 2024

Zambia's proposed minerals regulation law might discourage investment and inflict a "fatal blow" to efforts to increase annual copper output to three million tonnes, according to a media report citing two mining organisations.