De Beers shines light on budding jewellery designers

Diamond giant De Beers will this year conduct its bi-annual Shining Light Awards jewellery design competition. De Beers beneficiation manager Kagiso Fredericks told Rough & Polished's Mathew Nyaungwa in an exclusive interview they set aside 4.5 carats...

22 july 2024

DiaMondaine Diamantaires Club mulls diamond safari tours in southern Africa

DiaMondaine Diamantaires Club (DDC) is set to organise diamond safari tours in southern Africa, home to major diamond-producing countries. DDC founder Agnes Abdulahu told Rough&Polished’s Mathew Nyaungwa that the launch of the first diamond safari...

15 july 2024

Vladislav Zhdanov: Questions of efficiency and investment potential of diamond mining versus diamond growing pique keen interest

Vladislav Zhdanov is Professor at the National Research University Higher School of Economics (HSE). He told Rough&Polished about new researches into the effectiveness of diamond production methods.

02 july 2024

Why it's expensive to cut and polish diamonds in Africa? ADMA president António Oliveira has the answer

The African Diamond Manufacturers Association (ADMA) president António Oliveira told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that the lack of a robust infrastructure in Africa fails to accelerate and encourage manufacturing...

24 june 2024

Edahn Golan: IPO feasible but not Anglo’s preferred way to sell De Beers

Edahn Golan, owner of the eponymous Edahn Golan Diamond Research and Data, told Rough&Polished's Mathew Nyaungwa in an exclusive interview that while an IPO of De Beers is “feasible,"  he does not think this is a route Anglo American...

17 june 2024

Global mining can lead to catastrophic consequences for the climate

02 february 2024

By 2060, global extraction of natural resources will increase by 60%, which poses a risk of catastrophic consequences for the climate and the environment, according to an unpublished UN study cited by The Guardian.

The study notes that mining has already become the main cause of global warming and such adversary effects as land-use change, air pollution, water scarcity and loss of biodiversity.

According to Janez Potocnik, a former European commissioner and co-chair of the UN group that conducted the research, an increase in the extraction of raw materials on a projected scale is likely to lead to more frequent and severe climate disasters such as storms and droughts.

Therefore, reducing resource consumption is essential to minimize environmental pressure. To solve this problem, the policy of the world community in relation to the closed-loop economy should focus not only on GDP growth, but also control the production of "green" goods, experts warn.

So, according to their data, electric vehicles consume almost 10 times more "critical raw materials" compared to conventional cars, and achieving zero emissions from transport by 2050 will require a six-fold increase in the extraction of necessary minerals.

Alex Shishlo for Rough&Polished