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
Petra boosts Q3 revenue, output
21 april 2022
Petra Diamonds’ third-quarter revenue rose by 33% to $140.6 million compared to $106.0 million, a year earlier driven by strong prices achieved in the fourth tender in March 2022 with like-for-like prices up 37.6% compared to the preceding December 2021 tender.
African Mining Indaba to explore ESG
21 april 2022
The 2022 Investing in African Mining Indaba set for Cape Town, South Africa next month will explore what the Environmental, social and governance (ESG) means in practice for the continent's mining operators, communities and jurisdictions, according to the event organisers.
China’s gold market in March dips due to the COVID-19 resurgence
21 april 2022
In March the Shanghai Gold Price Benchmark in RMB and the LBMA Gold Price AM in USD climbed by 1.5% and 1.1% respectively, ending Q1 with the strongest quarterly performances since Q2 2020.
De Beers to mine diamonds in two Angolan provinces
20 april 2022
De Beers is scheduled to sign two mining investment contracts with the Angolan government to mine diamonds in the provinces of Lunda Norte and Lunda Sul.
Gold hits 1-month high on rising inflation, Ukraine conflict
20 april 2022
Gold futures in the US rose to a one-month high on Monday, just shy of the $2,000 an ounce level, as concerns around the Russia-Ukraine conflict and rising inflationary pressures increased safe-haven bids for the precious metal, Reuters said in a report published on Monday.
Luk Fook’s jewellery sales fell 8% in Q4 fiscal
20 april 2022
Due to Covid restrictions Hong Kong-based jeweler Luk Fook’s same-store sales fell 8% in the fourth fiscal quarter. Same-store sales dipped 17% year-on-year in Hong Kong and Macau for the three months ending March 31. While same-store sales of gold products slid 17% during the quarter, fixed-price jewelry decreased by 18%.
SA mining production struggled in February
20 april 2022
South Africa's mining production eased by 6% year-on-year last February despite a strong performance from the diamond sector.
Impala Platinum further increases shareholding in RBPlat to 37.79%
20 april 2022
Impala Platinum (Implats) has further increased its shareholding in Royal Bafokeng Platinum (RBPlat) to 37.79% up from 37.72%. The platinum miner acquired 493 990 shares in RBPlat, which constitute a 0.17% shareholding.
PNG Jewellers launches ‘De Beers Code of Origin’ across 15 stores
19 april 2022
To cater to such consumers, De Beers launched their trusted diamond program - Code of Origin at PNG Jewellers, a 189-year-old jewellery brand across their stores in Maharashtra & Goa.
Russia’s Ministry of Finance publishes data on production of gold and silver in the country in January-February
19 april 2022
The Russian Federation Ministry of Finance reported that gold production in Russia in January-February amounted to 38,90 tons (January-February 2021 – 38,09 tons), including mining – 32,24 tons (January- February 2021 – 30,77 tons), associated – 2,62 tons (January- February 2021 – 2,80 tons), secondary – 4,04 tons (January- February 2021 – 4,52 tons).