Exclusive
Helga Pombal: Angola's Stardiam finds solution to the threat posed by lab-grown diamonds
Stardiam manager of production Helga Pombal told Rough&Polished's Mathew Nyaungwa on the sidelines of the Angola International Diamond Conference that lab-grown diamonds are creating a parallel market for more accessible stones, combined with lower...
11 november 2024
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
Rio Tinto’s diamond production down 14% in 2020
22 january 2021
Rio Tinto’s annual diamond production dipped 14% to 14.7 mn carats for the year 2020, according to the miner. The output at Argyle, fully owned by Rio Tinto, dropped 16% to 10.9 mn carats as the mining company prepared for its shutdown.
In 2020, ALROSA’s diamond production reached 30 million carats, revenue - $ 2 802 million
22 january 2021
ALROSA's statement regarding its Q4 and 12M 2020 operating results released on Thursday said that the company’s diamond production in Q4 2020 reached 7.1 million carats, while sales went up to 17 million carats compared with the previous quarter. For 12 months of 2020, diamond production amounted to 30 million carats, sales - 32.1 million carats.
Petra unearths 299 ct diamond at Cullinan mine
22 january 2021
Petra Diamonds has produced a 299 carat Type IIa white gem-quality diamond at its Cullinan mine in South Africa. It said the diamond was recovered this month and it is expected to be sold during the company's next tender in February.
Richemont announces trading update for 3Q 2020
22 january 2021
Richemont SA announced trading update for the third quarter ended 31 December 2020. Sales in the quarter increased by 1% at actual exchange rates and by 5% at constant exchange rates compared to the prior year period, in a continuously volatile environment.
Petra Diamonds H1 output, revenue dip
22 january 2021
Petra Diamonds says its first-half production for the financial year 2021 eased 16% to 1,7 million carats compared to 2 million carats, a year earlier.
NMDC and MECL join hands to explore diamonds among other minerals across India
21 january 2021
National Mineral Development Corporation Ltd (NMDC Limited), India’s largest iron ore producing Navratna Company, has signed an MoU with Mineral Exploration Corporation Limited (MECL) to collaborate and conduct exploration in mutually agreed projects for iron ore, gold, coal, diamond and other minerals in various states.
Metalex raises more funds for South Africa and Canada projects
21 january 2021
Canada-based exploration company Metalex Ventures has raised more than $1,2 million from the final tranche of its private placement. Proceeds from the placement will be applied to the upcoming exploration programme on the company's Quebec properties for gold and its South African properties for diamonds, as well as for general working capital of the Company.
Troubled Rockwell Diamonds seeks amalgamation with Bristco
21 january 2021
Rockwell Diamonds has signed an acquisition and an amalgamation agreement with Bristco, a company wholly-owned by Mark Bristow who is the current chief executive of Barrick Gold. Bristow also previously chaired Rockwell.
China’s jewellery sales drops 4.7% in 2020
21 january 2021
China recorded a 4.7 per cent decline in jewellery retail sales in 2020 amid lockdowns, macroeconomic uncertainties and other business restrictions brought about by the coronavirus pandemic.
De Beers ups prices of diamonds at first sale of 2021 – report
20 january 2021
De Beers increased prices of its rough diamonds by about 5% at its first sale of the year, which shows that the industry is now recovering from the COVID-19 pandemic, according to news reports.