Exclusive
Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future
Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...
28 october 2024
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
Newmont sees costs rising at Ghana gold project
28 july 2022
Newmont Mining is expecting project costs to rise at Ahafo North in Ghana where it is building four open pit mines and a stand-alone mill located about 30 kilometres from the company’s Ahafo South operations. The gold miner said development costs since approval was $142 million, of which $75 million related to the six months ended June 30, 2022.
Pangolin Diamonds to acquire Amulet Diamond
28 july 2022
Pangolin Diamonds has entered into a letter agreement to acquire all of the issued and outstanding shares of Amulet Diamond from Diamond Corporation. Amulet Diamond, an arm's length party to Diamond Corporation, holds certain plant and equipment assets relating to the BK11 Mine, located in Letlhakane, Botswana.
GIA Laboratory set to open at Dubai-DMCC in mid 2023
27 july 2022
DMCC has announced the Gemological Institute of America (GIA), through its subsidiary GIA Laboratory DMCC, will lease space for a new gemmological laboratory in DMCC’s Uptown Tower. GIA is the leading source of knowledge, standards, and education in gems and jewellery.
Mountain Province Diamonds announced analyst site tour
27 july 2022
Mountain Province Diamonds Inc. has announced the successful completion of its first analyst site tour to the Gahcho Kué Mine since 2019, taking place on July 20th with financial analysts and advisors in attendance.
Zimbabwe starts selling gold coins
27 july 2022
The Reserve Bank of Zimbabwe (RBZ) started selling gold coins on Monday to individuals and institutional buyers. A coin was selling for $1,823.80 or ZW$805,745.35 plus 5% to cover the cost of production and distribution. The price is based on the prevailing international price of gold. The central bank said buyers will be required to hold them for at least 180 days before selling.
Another kimberlite discovered near the Gahcho Kue diamond mine
27 july 2022
Exploration at the Gahcho Kue diamond mine has discovered another kimberlite near the mine. The Gahcho Kue project is a joint venture of Mountain Province Diamonds (49%) and De Beers Canada (51%).
Caledonia to acquire Bilboes gold project in Zim
26 july 2022
Caledonia Mining has signed an agreement to purchase Bilboes Gold, the parent company which owns the Bilboes gold project in Zimbabwe, for more than 5,1 million Caledonia shares representing about 28.5% of the company's fully diluted equity.
Rostec supplied ultra-precision jewelry-making equipment to Yakut Diamonds
26 july 2022
Roselectronics Holding of Rostec State Corporation supplied the first batch of equipment for cutting and polishing colored precious stones to the Yakut Diamonds plant. The tool is made of high-strength materials and has increased resistance to wear. Previously, there was no mass production of high-precision jewelry-making equipment of this class in Russia.
Anglo Platinum H1 core earnings drop
26 july 2022
Anglo Platinum’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) dropped 32% in the first half of 2022 to R43 billion. The impact of lower prices reduced EBITDA by R14 billion, while the effect of the lower sales volumes, due to the benefit in 2021 of the release of work-in-progress inventory, was to reduce EBITDA by a further R6 billion.
Lucapa identifies seven new kimberlite targets at Merlin in Australia
26 july 2022
Lucapa Diamond Company Limited has identified seven new kimberlite targets on the Merlin Diamond Project in the Northern Territory through interpretation of historical De Beers airborne hyperspectral data, as announced by the company.
