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 Diamonds receives more funding

12 december 2023

Financial services provider Absa has authorised a $40 million (R750 million) increase to an existing $53 million (R1 billion) first-lien revolving credit facility, according to Petra Diamonds.

Gold mine collapse in Venezuela claims 12

12 december 2023

An artisanal gold mine in southeastern Venezuela collapsed, leaving at least 12 people dead, the government announced on Sunday.

Barrick to pour first gold from two newly-commissioned projects in 2024

11 december 2023

Barrick Gold, a leading gold mining company, plans to produce first bullion from its two new projects in USA and Papua New Guinea in 2024.

Petra sees 20% increase in like-for-like diamond pricing at third tender

11 december 2023

Petra Diamonds realised $58.7 million from 462,800 carats sold at its initial third tender of the fiscal year (FY) 2024, a 20% increase in like-for-like prices compared to the second tender of FY 2024, which closed in October 2023.

G7 restrictions to impact c&p diamond exports from India

11 december 2023

The restrictions Russian diamonds by the Group of Seven (G7) countries announced recently will have a significant impact on the cut & polished diamond exports from India and the city of Surat.

Russian jewelry market turnover may grow by 7%-10% by the end of 2023

11 december 2023

In the first half of 2023, jewelry sales in Russia increased by 2% year-on-year, to 155 billion rubles, and by the end of this year, they may increase by 7%-10% to reach 330 - 340 billion rubles, which corresponds to the 2021 level, the Kommersant reports.

Anglo American’s Kumba Iron Ore slows down production

11 december 2023

Anglo American’s Kumba Iron Ore is expected to end the year with output of between 35 and 36 million tonnes up from the previous target of 35 to 37 million tonnes.

Indian Diamond Industry to Resume Rough Diamond Imports from 15th December 2023

08 december 2023

The Indian gem & jewellery industry announces  that the voluntary suspension of rough diamond imports, which was in effect from 15th October to 15th December 2023, will be lifted on 15th December 2023.

Anglo American Platinum to meet 2023 production, cost guidance

08 december 2023

Anglo American Platinum (Amplats) is expected to meet its 2023 production and cost guidance despite a broad set of external pressures.

Botswana Diamonds identifies four anomalies close to the KX36 project

08 december 2023

Botswana Diamonds will embark on follow-up ground geophysics on four anomalies that were identified in the Kalahari close to the company's KX36 project.