Exclusive
Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year
The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...
04 november 2024
Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future
Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...
28 october 2024
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
Diamcor sells diamonds for $248.90/ct in July
11 august 2021
Diamcor Mining sold 2,989.54 carats of diamonds from its Krone Endora at Venetia Project, in South Africa last month generating initial gross revenues for the quarter to date of $744,085.44, resulting in a combined average price of $248.90 per carat.
Diamond trade in Surat & Saurashtra employs nearly 30,000 women since April
11 august 2021
About 30,000 women have reportedly joined the diamond trade in Surat and Saurashtra since April due to the second wave of Covid-19, which took scores of lives and triggered monetary uncertainty, as per a report in aaka-samachar.in.
WGC: Global Q2 gold demand flat, H1 down 10%
10 august 2021
In a recent announcement, the World Gold Council (WGC) says that global strong consumer demand recovery and Q2 gold ETF inflows were not enough to offset heavy Q1 outflows. Gold demand excluding over-the-counter for Q2 was virtually in line with Q2 2020 at 955.1t at -1%. That took H1 demand to 1,833.1t, down 10% y-o-y.
Retailer Joyalukkas wins RetailME ICONS award
10 august 2021
Joyalukkas, the global retailer chain, was recently awarded the coveted RetailME ICONS award as an acknowledgment of their pioneering leadership in the business of retail in Mena, as per a report in the www.thepeninsulaqatar.com.
Debswana grows diamond sales – report
10 august 2021
Debswana, a joint venture between De Beers and the government of Botswana, has recorded 41% jump in rough diamond sales in the first half of 2021 due to the reopening of key markets the United States and China, according to media reports.
Diamcor gets TSX nod on warrant amendments
10 august 2021
Diamcor Mining has received approval from the TSX Venture Exchange on the repricing of its outstanding warrants. The company had said last June that it intended to reprice about 2,9 million of its outstanding warrants expiring on June 20, 2021, and about 1,8 million of its outstanding warrants expiring on August 29, 2021.
Titan’s jewelry sales up 74.5% registering net profit of $9.17mn in Q1
09 august 2021
Titan, a Tata Group company, has reported a net profit of $9.17mn for the quarter ended June 2021, as against a net loss of $40.59 mn in the year-ago quarter. The jewelry company’s sales in the quarter jumped 74.5 per cent on a year-on-year basis to $488.37 mn aided by a low base in the year-ago quarter.
PWC reviews interim financial statements of ALROSA
09 august 2021
According to PricewaterhouseCoopers’ review of the interim financial statements of ALROSA under the Russian Accounting Standards (RAS), the company's net profit for January-June 2021 amounted to RUB 47,109,103,000 compared with a loss of 8,778,733,000 rubles in the same period last year, the Interfax Corporate Information Disclosure Center reported on its website.
Norilsk hosts the second meeting of the Coordination Council of the Taimyr Indigenous Peoples' Communities
09 august 2021
The second meeting of the Taimyr indigenous communities Coordination Council was attended by Nikolai Utkin, Senior Vice President of Norilsk Nickel. He greeted the community representatives and spoke about the stages of support within the framework of the assistance program for the primordial inhabitants of Taimyr adopted for five years. The indigenous people themselves also made proposals to improve life on the peninsula.
Sibanye-Stillwater’s earnings per share, headline earnings per share to rise 138%
09 august 2021
Sibanye-Stillwater is expecting to increase its earnings per share (EPS) and headline earnings per share (HEPS) by more than 138% year-on-year, respectively, for the first half of the year ended June 30.