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

De Beers cuts production target for 2024

29 july 2024

De Beers has reduced its production guidance for 2024 to between 23 million and 26 million carats from the previous target of 26 million to 29 million carats in response to the prolonged period of lower demand, higher-than-normal levels of inventory in the midstream, and a focus on working capital.

Rough diamond trading conditions continue to be challenging – De Beers

26 july 2024

Diamond miner De Beers says rough diamond trading conditions continued to be challenging in the first half of the year.

CIBJO president addresses UN on sustainability efforts

26 july 2024

Gaetano Cavalieri, president of the World Jewellery Confederation (CIBJO), spoke at the high-level segment of United Nations Economic and Social Council (ECOSOC) about the jewellery industry’s commitment to support sustainable development goals and implement UN’s Agenda 2030.

Australian gold miner Rox Resources enters the final business plan stage for prospective Youanmi project

26 july 2024

The board of directors of Australian gold mining company Rox Resources Limited has approved the progress of the Youanmi project in the western Murchison region to the definitive feasibility study.

Nornickel mulls copper smelter JV with China Copper - sources

26 july 2024

Norilsk Nickel is considering a joint venture with China Copper, a subsidiary of a major aluminum producer Chinalco, to build a copper smelter in China, according to sources cited by Reuters.

Six Lulo stones sell for $12.4m at Angola tender – Lucapa

26 july 2024

Six diamonds from Lucapa Diamond's 40%-owned Lulo alluvial mine in Angola were sold for $12.4 million at a tender run by Sodiam E.P. in Luanda.

Botswana mulls law for locals to gain 24% stake in mines

25 july 2024

Botswana is considering enacting legislation requiring mining companies to sell a 24% stake in their mines to locals if the government passes the option to acquire the shareholding.

De Beers shows Lupita Nyong’o natural diamonds’ impact on sustainable development in Africa

25 july 2024

Academy Award-winning actress Lupita Nyong’o, who is also a De Beers global ambassador, recently visited South Africa and Namibia to understand the contribution of natural diamonds to sustainable development.

Jubilee Gems and Jewelry Fair to be held in Bangkok on September 9-13

25 july 2024

The 70th jubilee Bangkok Gems & Jewelry Fair will be held in the capital of Thailand on September 9-13.

Indian diamond industry calls on the government to allow direct payments to Russia

24 july 2024

Indian diamond industry calls on the government to develop a payment system that would facilitate transactions between India and Russia. In particular, industry leaders ask the authorities to allow direct payments to Russia so they can more easily buy goods sanctioned by the G7 countries.