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
Petra’s core earnings almost halved amid poor rough diamond prices
25 september 2024
Petra Diamonds’ adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) eased 42% to $66 million in the financial year 2024 compared to the previous year’s $113 million, representing an adjusted EBITDA margin of 18% on the back of low rough diamond prices.
Diamond prices fell by 4% in 2024 - ALROSA
25 september 2024
According to estimates by Sergey Takhiev, head of the corporate finance department at ALROSA, diamond prices fell by a maximum of 3% - 4% in real terms in 2024, while in 2023, the decline amounted to 15%.
Jubilee secures stable power supply at Zambian copper operations
25 september 2024
Diversified metals producer Jubilee has started receiving a stable power supply at its Zambian operations after successfully implementing the Lunsemfwa Hydro Power Company (LHPC) agreement on 18 September 2024.
Rio Tinto seeks to save money with ‘voluntary separations’ at Diavik mine
25 september 2024
Rio Tinto offers workers at its Diavik diamond mine in Canada early termination of their contracts in hopes of saving money ahead of the mine’s closure.
Kazakhstan to attract foreign investors in mining sector
25 september 2024
Kazakh authorities have met with a number of domestic mining companies and foreign investors to develop new deposits in the country.
Nornickel’s Battery Technology Center to pave way for CAM production
24 september 2024
Nornickel has inaugurated a Battery Technology Center, marking a new phase in the company’s efforts to advance technological capabilities in the promising field of nickel-containing cathode active materials (CAM) - a key component in modern batteries.
Gem Diamonds finds 212.9-ct diamond at Letšeng
24 september 2024
Gem Diamonds has recovered a 212.91 Carat Type II white diamond at its 70%-owned Letšeng mine in Lesotho.
UK and Indonesia sign agreement on critical minerals
24 september 2024
The UK and Indonesia have signed a memorandum of understanding to establish a strategic partnership in critical minerals.
Orion on track to complete bankable feasibility at Okiep
24 september 2024
Orion is finalising the bankable feasibility study for the Flat Mines Area at the Okiep Copper Project (OCP) in South Africa with ongoing review by independent experts appointed by the debt advisor.
Rockfall claims life at Caledonia Zim gold mine
24 september 2024
An employee at Caledonia Mining's Blanket Mine in Zimbabwe perished as a result of a rock fall while drilling in a development area, according to the mining company.
