Dr M'zée Fula Ngenge: ADC shall continue to encourage sustainable and positive transformation of the African mining industry for years to come

Dr M'zée Fula Ngenge, Chairman of the African Diamond Council (ADC) & African Diamond Producers Association (ADPA), not only mirrors the recent INDABA event in Cape Town, but also clarifies his thoughts on the G7’s push to sanction...

26 february 2024

Nosiphiwo Mzamo: South Africa's State Diamond Trader wants more cutting and polishing centres by 2027

South Africa’s State Diamond Trader (SDT), which is mandated to buy and sell rough diamonds as well as promote beneficiation and equitable access to the country’s diamonds, is targeting having 20 cutting and polishing factories in the country...

19 february 2024

Vipul Shah, Chairman of GJEPC: Indian manufacturers are making cautious decisions to align inventory with demand

Vipul P Shah as Chairman of the Gem & Jewellery Export Promotion Council of India (GJEPC) has been at the forefront to drive export demand. Here, in an exclusive interview with Rough&Polished, Vipul Shah opines on the various challenges being...

12 february 2024

James Campbell: Botswana Diamonds optimistic of receiving Thorny River mining permits this year

Botswana Diamonds had hoped to commence operations in the second half of 2023 at the Thorny River hard rock kimberlite dyke system in South Africa; however, the company was unable to secure the necessary mining permits in time.

05 february 2024

Underground operations are the most economical approach to extend Jwaneng mine's lifespan – De Beers

Debswana, a 50/50 joint venture between De Beers and Botswana's government, recently announced plans to make an initial investment of $1 billion in the Jwaneng underground project. In an exclusive interview with Rough & Polished's Mathew Nyaungwa...

29 january 2024

Sylvania sustains output despite weak PGM prices

26 february 2024

Sylvania Platinum, a developer and producer of platinum group metals (PGMs), reports that despite the consequence of a substantially reduced PGMs basket price, its fiscal year 2023 revenue and net profit remained satisfactory.

Anglo records the lowest injury frequency rate

26 february 2024

Anglo American made solid progress in its safety journey, recording the lowest total recordable injury frequency rate (TRIFR) of 1.78 in 2023 compared to 2.19 in 2022.

Almost 1,000 social projects supported by Norilsk Nickel over 10 years

26 february 2024

Norilsk Nickel's charity program - the World of New Opportunities – celebrates its tenth anniversary in February. The company united all its charitable initiatives under a single brand on February 17, 2014.

GIA inaugurates new lab in Dubai

23 february 2024

The Gemological Institute of America (GIA) has opened a new state-of-the-art laboratory at the Dubai Multi Commodities Centre (DMCC).

Anglo to cut annual run rate costs, capital spend over the next three years

23 february 2024

Anglo American is set to cut its annual run rate costs by $1 billion and capital spend by $1.6 billion over the next three years, while also cutting out unprofitable volumes.

Lucara recovers large diamonds from Karowe

23 february 2024

Lucara Diamond has recovered 320-carat, 111-carat, and two +50-carat stones from its wholly-owned Karowe Diamond Mine in Botswana.

Newmont revenue flat in 2023, gold production down 7%

23 february 2024

Newmont Corporation has announced that its revenue for the 2023 full year was almost flat at $11.8 billion compared to $11.9 billion for the prior year. For the year, the company reported a loss of $2.48 billion.

Kimberley Process Chair visits CAR with a prospect of reinstating its diamond trade

22 february 2024

Ahmed Bin Sulayem, the current UAE’s chairman of the Kimberley Process, paid a visit to the Central African Republic (CAR) to assess the situation in the country’s diamond sector.

Strong Q4 boosts Barrick’s full-year results

22 february 2024

Barrick Gold has announced its 2023 full year operational and financial results, noting a strong performance in the fourth quarter that boosted its results. The company capitalized on a record gold price in late 2023.

Lucara expects revenue to recover in 2024

22 february 2024

Lucara Diamond, which owns and operates the Karowe mine in Botswana, is expecting its revenues to recover to between $220 million and $250 million this year, after a tough market in 2023.