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
Mastercard SpendingPulse: U.S. jewerly sales up +6.5% year-over-year in January
27 february 2023
According to Mastercard SpendingPulse™, which measures in-store and online retail sales across all forms of payment, after 9 months of stagnant growth, jewelry retail sales in the U.S. were up +6.5% year-over-year in January, potentially reflecting early Valentine’s Day shopping.
Creativity showcase raises curtain on jewellery shows by HKTDC
27 february 2023
As a curtain-raiser for the twin jewellery shows (from 1 to 5 March) organised by the Hong Kong Trade Development Council (HKTDC), the 24th Hong Kong Jewellery Design Competition was announced at a press conference on 16 Feb, 2023.
AngloGold Ashanti boosts 2022 output
27 february 2023
AngloGold Ashanti increased its gold production by 11% to 2.7 million ounces (oz) in the year through 31 December 2022 compared to 2.5 million oz in 2021, ending the year at the top half of guidance.
Kumba Iron Ore adjusted EBITDA nearly halved in 2022
27 february 2023
Anglo American’s Kumba Ione Ore recorded adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) of R37.3 billion for the year ended 31 December 2022, a 42% drop compared to R64.6 billion, a year earlier.
Lucapa recovers 150 ct diamond from Lulo, receives $1.4m dividend
27 february 2023
Lucapa Diamond has recovered a 150-carat white Type IIa diamond at its 40%-owned Lulo alluvial mine in Angola.
De Beers' underlying EBITDA jumps 29% to $1,4bn in 2022
24 february 2023
De Beers’ underlying earnings before interest tax depreciation and amortisation (EBITDA) increased by 29% to $1,4 billion in 2022 compared to the previous year’s $1,1 billion, reflecting overall positive consumer demand for diamond jewellery, according to its parent company, Anglo American.
India's NMDC signs Collaborative Research Agreement with CSIR-IMMT
24 february 2023
On February 18, 2023, India's miner 'National Mineral Development Corporation' (NMDC) signed an Agreement for Collaborative Research with CSIR-IMMT, Bhubaneswar on “Feasibility Studies for Preparation of Fused Magnesia from Kimberlite Tailings", says a report in Free Press Journal.
India’s gold demand to rebound over 800 tonnes this year
24 february 2023
Weighed down by a sharp increase in yellow metal prices on the back of geo-political tensions sparked by the Russia-Ukraine conflict and rising inflation, India’s gold consumption in the calendar year stood at about 770 tonnes.
Rio Tinto to proceed with underground mining of Diavik’s A21 pipe
24 february 2023
Rio Tinto has approved a $40-million investment in the first phase of underground mining below the existing A21 open pit at its Diavik Diamond Mine in the Northwest Territories of Canada.
The Bank of New York Mellon notified of the termination of the deposit agreement for Nornickel’s ADR program
24 february 2023
PJSC “MMC “Norilsk Nickel”, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper, notifies that on February 21, 2023, The Bank of New York Mellon (BNYM) published a corporate action notice of the termination of the Deposit Agreement, under which American depositary receipts (ADRs) representing the Company’s shares were issued, effective May 23, 2023.