Exclusive
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
Diamcor mulls over $1 mln offering to advance SA project
06 may 2024
Diamcor Mining intends to complete a non-brokered private placement financing of up to C$1,5 million ($1,09 million) and anticipates that an aggregate of up to C$1,25 million ($0,908 million) of the financing will be subscribed to by existing larger shareholders, management, and directors.
ALROSA forced to sell its stake in Sociedade Mineira de Catoca - Ministry of Finance
03 may 2024
According to Deputy Finance Minister of Russia Alexey Moiseev, the Russian diamond mining company ALROSA will be forced to sell its stake in the Catoca project, a joint venture with the Angolan state-owned company Endiama.
BHP bid for Anglo a 'normal market activity' – South Africa
03 may 2024
BHP Group's proposed bid for Anglo American is a "normal market activity", according to media reports citing President Cyril Ramaphosa's spokesperson.
Saudi Arabia invests $410 billion in mining sector
03 may 2024
Saudi Arabia has invested more than $410 billion in the mining sector. According to the National Industrial and Mining Information Center, the total number of operating and under-construction factories in the kingdom has reached 11,672. The combined investment in these factories amounts to SAR1.539 trillion ($410.4 billion).
Lucapa's first quarter revenue dips despite selling more diamonds
03 may 2024
Lucapa Diamond sold 16, 408 carats for $13.1 million in the first quarter of 2024, compared to 13, 477 carats sold a year earlier for $18.2 million.
Kavango raises £3.08 mln to fund exploration, development work
03 may 2024
Kavango Resources is raising £3.08 million ($3.86 million) by the issue of 257 million new ordinary shares in the capital of the company at a price per share of 1.2 pence, through an underwritten accelerated bookbuild.
Norilsk Nickel to invest $100 million in development of innovative palladium technologies
03 may 2024
By 2030, Norilsk Nickel plans to invest about $100 million in the development of innovative ways to use palladium, which will help reduce greenhouse gas emissions through green energy projects.
Gem Diamonds finds 118.74 ct Type II white stone at Letšeng
03 may 2024
Gem Diamonds has recovered a 118.74-ct Type II white diamond at its 70%-owned Letšeng mine in Lesotho.
Diamond market participants seek changes to G7 diamond compliance system - WFDB’s Dvash
02 may 2024
World Federation of Diamond Bourses (WFDB) president Yoram Dvash has published an open letter on the state of adoption of the diamond compliance system being imposed by the G7 countries to curb the trade in sanctioned Russian diamonds.
Nornickel reports profit under RAS of 28 billion rubles in the first quarter
02 may 2024
Norilsk Nickel received 28.242 billion rubles ($307.2 million) of net profit under Russian accounting standards (RAS) in the first quarter of 2024 against a loss of 32 billion rubles ($348.2 million) for the same period a year earlier.
