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

Caledonia sets a new quarterly record for Blanket mine production

13 october 2023

Caledonia Mining's Blanket Mine in Zimbabwe set a new quarterly record for gold production with 21,772 ounces during the quarter ending September 30, 2023.

Petra's revenue takes a knock

12 october 2023

Petra Diamonds, which has operations in South Africa and Tanzania says its revenue declined by 42% to $325.3 million in the fiscal year (FY) ended 30 June 2023 compared to the previous year’s $563.7 million.

GJC against ban on import of rough diamonds

12 october 2023

All India Gem And Jewellery Domestic Council (GJC), the national trade federation for promotion and growth of trade in gems and jewellery in the country, is not in favor of banning the import of rough natural diamonds until December 15, a top official of the Council said.

Nornickel won Russia's most prestigious industry award

12 october 2023

Norilsk Nickel was awarded a bronze statuette of a miner at the annual MINEX Russia 2023 forum in Moscow for the implementation of its unprecedented environmental Sulfur Program.

Lower metal prices cut Jubilee’s profitability in FY2023

12 october 2023

Diversified metal recovery business Jubilee Metals’ earnings before interest, taxes, depreciation, and amortisation (EBITDA), which is an indicator of the overall profitability of a business, dropped to $29.8 million in the fiscal year (FY) 2023 compared to $48.9 million a year earlier (FY2022).

Strike at a large gold mine in Mexico ends after 4 months

12 october 2023

Newmont mining company reached a deal with the workers' union at its Peñasquito gold mine in Mexico, putting an end to a four-month-long labor strike that, as was reported earlier, cost the company $3.7 million a day.

De Beers' Tracr and Sarine collaborate on a diamond traceability solution

11 october 2023

Tracr, a subsidiary of De Beers, has teamed with Sarine Technologies to develop a scalable, cost-effective technology for monitoring diamonds from their source to the point of entry into G7 countries.

Israel-Hamas war may hit India's gems and jewellery exports

11 october 2023

The escalation of the Israel-Hamas war could sound trouble for India’s gems and Jewellery exports, which are already facing headwinds as cost involved in shipments to Israel and some of its biggest markets in the region could increase.

A full cycle of processing of rare and rare earth metals to be created in Russia

11 october 2023

Russia's Rare and Rare Earth Metals Producers and Consumers Association announced its plans to organize production of separate metals. Producers will offer neodymium, praseodymium, lanthanum and cerium on the Russian market.

AngloGold Ashanti’s corporate restructuring incurs a tax liability of $286 mln

11 october 2023

AngloGold Ashanti (AGA) says its corporate restructuring attracted various tax payments in South Africa and Australia.