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
Sarine's new planning software to boost polished diamond value by 5%
05 february 2024
Israel-based diamond tech company Sarine claims that its new planning software will revolutionize the process of rough diamond planning, potentially adding up to 5% to the value of the resulting polished stone.
Titan's net profit rises 9%, revenue grows 20% in Q3 FY24
05 february 2024
Titan Company's revenue from operations in Q3 FY24 increased 20%, while net profit rose 9 percent. On the operational front, earnings before interest, tax, depreciation and amortization (EBITDA) during the quarter ended December 2023 rose 9.5 percent, while EBITDA margin contracted by 100 basis points to 11.2 percent from 12.2 percent Y-o-Y.
German government to allocate €1bn for critical raw material investments
02 february 2024
The government of Germany has made a decision to invest about €1 billion into critical raw materials, including in extraction, processing and recycling materials as it seeks to reduce dependency on China and others for energy transition goals.
WGC: Global gold demand down 5% in 2023, to be supported by geopolitics in 2024
02 february 2024
Global gold demand excluding over-the-counter (OTC) trading fell by 5 percent to 4,448.4 metric tons in 2023 but remained strong compared with a 10-year average due to geopolitical and economic uncertainty, according to the World Gold Council (WGC).
Implats boosts first-half refined 6E production
02 february 2024
Impala Platinum's refined 6E production, which includes saleable ounces from Impala Bafokeng and Impala Canada, increased by 19% to 1.75 million 6E ounces in the half-year ended December 31, 2023.
RUSAL loses lawsuit against Rio Tinto in Australia for access to refinery
02 february 2024
Russian aluminum producer RUSAL has lost a lawsuit against Rio Tinto for its 20% share of production from the Queensland Alumina Ltd (QAL).
Botswana Diamonds-led consortium receives Eswatini prospecting licence
02 february 2024
Diamonds of Eswatini, a consortium led by Botswana Diamonds, has been granted a prospecting licence over the diamondiferous Dokowayo kimberlite pipes in the southern African country of Eswatini (formerly Swaziland).
Endeavour approaches court to stop strike in Burkina Faso
02 february 2024
An Endeavour Mining unit has filed a lawsuit to stop a strike in Burkina Faso that has hampered operations at its second-largest gold mine.
Russian citizens purchased about 95 tons of gold bullion in 2023 - Ministry of Finance
01 february 2024
According to preliminary data, the volume of purchases of gold bullion by individuals in the Russian Federation amounted to about 95 tons in 2023, according to the Deputy Head of the Ministry of Finance Alexei Moiseev cited by RIA Novosti.
De Beers expect a delay in rough diamond demand recovery as the first sales cycle of 2024 realises $370mln
01 february 2024
De Beers is expecting the recovery in demand for rough diamonds to take time as prospects for economic growth in many major economies remain uncertain.
