Exclusive
Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year
The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...
04 november 2024
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
Natural diamond industry organizations ask Pandora to correct recent public statement
10 may 2021
Unhappy with Pandora, one of the world’s leading fashion jewellery retailers, publishing a public statement with a narrative positioning laboratory-grown diamonds (LGDs) as an ethical choice versus natural diamonds, the leadership of the Responsible Jewellery Council (RJC), the World Diamond Council (WDC), CIBJO, the World Jewellery Confederation, the Natural Diamond Council (NDC) and the International Diamond Manufacturers Association (IDMA) are up in arms.
Lucara marks return to higher levels of operating margin
10 may 2021
Lucara Diamond, which wholly owns Karowe mine, in Botswana has recorded adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) of $22.2 million in the first quarter of 2021, which marked a return to higher levels of operating margin.
HB Antwerp and Sarine enter into a partnership for technology solutions
10 may 2021
Sarine Technologies Ltd, a worldwide leader in the development, manufacture and sale of precision technology products for the evaluation, planning, processing, grading and trading of diamonds and gems has joined with HB Antwerp as a technology partner, according to a press release from Sarine.
Precious metals miner Sibanye Stillwater boosts Q1 core earnings
10 may 2021
Precious metals mining company Sibanye Stillwater has posted a record quarterly financial performance, with group adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) of R19,826 million ($1,325 million) for the first quarter of 2021.
China’s recent high gold imports indicates high demand in Q2
10 may 2021
Traditionally Q2 is a seasonally quiet time for gold demand in China. Available data for April shows that the average monthly trading volumes on the Shanghai Gold Exchange - usually seen as a high-frequency indicator for China’s physical gold demand - declined over the month.
Lucara secures $220mln for Karowe underground expansion, working capital
07 may 2021
Lucara Diamond has received credit approved commitments from a syndicate of five Mandated Lead Arrangers (MLAs) for a senior secured project financing debt package of up to $220 million to fund the underground expansion at its wholly-owned Karowe Mine in Botswana.
ALROSA sees stable demand for high-quality roughs in April
07 may 2021
ALROSA held in April auctions for special size rough diamonds at its main trading offices to meet clients’ demand in purchasing high-quality rough.
World’s first public tender for rare Australian pink diamonds slated for June/July
07 may 2021
An Australian finance corporation, which currently holds a collection of Argyle’s rare pink diamonds as mortgagee in possession has asked Yourdiamonds.com, an Australian technology startup founded by Tim Goodman, a former Executive Chairman of Sotheby’s Australia, to sell the stones.
Barrick Gold boosts Q1 profit
07 may 2021
Barrick Gold has recorded a 78% jump in its first-quarter profit to $507 million from $285-million a year earlier buoyed by strong gold and copper prices.
Hong Kong’s jewellery sales records up 81% in March
07 may 2021
Hong Kong’s jewellery, watches and clocks, and valuable gifts segment saw the most significant increase in March retail sales, followed by clothing, footwear and allied products, according to the Census and Statistics Department of Hong Kong.
