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

Shanta Gold exceeds 2023 production target

23 january 2024

Shanta Gold surpassed its 2023 production guidance despite a moderate slowdown at New Luika in Tanzania, enabling the company to benefit from a strong gold price environment with healthy returns to investors.

China’s youth favour gold as safe-haven investment, shun diamonds

23 january 2024

In China, domestic gold prices reached new highs last year, with the retail market witnessing a gold rush, particularly in lower-tier cities and less affluent counties. Gold is seen to offer stronger wealth preservation characteristics during an economic downturn, with demand set to rise ahead of the Lunar New Year.

Pan African gold prices, output grow

23 january 2024

Pan African recorded a gold price of $1,961 per ounce (oz) in the half-year ended December 31, 2023, an increase of 13.7% compared to $1,725/oz a year earlier.

Norilsk Nickel and Rosatom increased the registered capital of Polar Lithium to 2.6 billion rubles

23 january 2024

The registered capital of Polar Lithium LLC has been increased from 1 million rubles to 2.625 billion rubles, Interfax reports.

India Union Budget 2024: GJEPC proposes import duty cuts, licensing reforms for gems & jewellery sector

22 january 2024

The Gem & Jewellery Export Promotion Council (GJEPC), representing India’s global gem & jewellery trade, has proposed several recommendations to the government ahead of the upcoming budget.

Stargems sets a new benchmark for diamond transparency and accountability

22 january 2024

Stargems Group has become the first tender house to incorporate Sarine Technologies' AutoScan Plus, a system that efficiently registers large amounts of diamonds into the Diamond Journey traceability programme.

Serbia expects Rio Tinto to adhere to highest environmental standards to greenlight lithium project

22 january 2024

Serbian president Aleksandar Vucic said the country is still interested in further talks with Rio Tinto about the future of its Jadar lithium mine but called for adherence to the highest environmental standards to greenlight the project.

Diamcor raises $1.5 million to advance SA diamond project

22 january 2024

Diamcor Mining is raising C$2 million ($1.5 million) through a convertible loan transaction to continue efforts to boost processing volumes at the company's Krone-Endora at Venetia Project in South Africa, drilling and bulk sampling on the majority of the project, and general corporate purposes.

WGC Report: Demand improved and premiums rose in China's Gold Market in 2023

19 january 2024

China’s economic resurgence in 2023 was turbulent. As COVID-related restrictions were dropped at the end of 2022, a notable rebound in consumer spending and the return to normalcy in all industries fuelled China’s growth in early 2023. But the momentum didn’t last, as Q2 and Q3’s growth failed to meet market expectations.

First Quantum on course to expand Zambian project

19 january 2024

First Quantum Minerals is on course to deliver the S3 Expansion project at the Kansanshi mine near Solwezi, Zambia.