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

Surging gold prices take sheen off Titan's profit

04 august 2023

India's Tata Group-owned Titan Co reported a lower-than-expected quarterly profit on 2 August as its mainstay jewellery segment was hurt due to surging gold prices, which pushed up costs and eroded margins.

U.S. SEC after crypto big shot who allegedly defrauded investors, bought a 555-carat black diamond

04 august 2023

The U.S. Securities and Exchange Commission has charged online entrepreneur Richard Schueler, also known as Richard Heart, with illegally raising more than $1 billion in three unregistered cryptocurrency offerings.

Lower gold volumes cut Gold Fields’ first-half earnings

04 august 2023

Gold Fields, a globally diversified gold producer, expects headline earnings per share for the six months ended 30 June 2023 to range between $0.49 and $0.53 per share, a 9 to 16% decrease from the $0.58 per share reported during the same period in 2022.

Lukfook Group opens its First Green Concept Store in The Wai

04 august 2023

Luk Fook Holdings (International) Limited is opening a new eco-concept shop in The Wai, a new shopping mall set to become a new landmark in Tai Wai, with green elements in its design.

Pan African secures funding for Mintails project

04 august 2023

Gold producer Pan African has secured R1.3 billion ($70.3 million) in funding for its Mintails project in South Africa.

Wesizwe’s Bakubung Platinum Mine to remain closed

04 august 2023

Wesizwe Platinum’s Bakubung Platinum Mine (BPM) in South Africa, which temporarily closed on July 20 due to safety concerns caused by the ongoing unprotected strike, will not resume operations anytime soon.

The Asian region became the main sales market for Norilsk Nickel

03 august 2023

Norilsk Nickel has published interim consolidated financial results according to international financial reporting standards for the first half of 2023. The company's consolidated revenue amounted to $7.2 billion, which is 20% less compared to the same period last year.

Diamcor reduces net loss

03 august 2023

Canadian diamond mining company Diamcor has reduced its net loss for the year ended March 31, 2023, to C$762,308 (US$570 600), compared to C$2,4 million (US$1.8), a year earlier.

RBPlat suspends JSE trading as Implats moves to acquire remaining shares

03 august 2023

Royal Bafokeng Platinum (RBPlat) shares ceased trading on the Johannesburg Stock Exchange on Tuesday, August 2, in preparation for their delisting on September 18.

UAE jewellery demand drops 20% in Q2-2023 due to high gold prices

03 august 2023

Jewellery demand in UAE took a steep 20 per cent dip between April end of June from a year ago. In all, 10.6 tonnes of gold jewellery was sold in the second quarter against 13.2 tonnes in Q2-2022, as gold prices were $1,950 an ounce, according to World Gold Council data released on August 1.