Stephan Wolzok: When we’re all able to go back to our “normal” lives, then the market will do the same

Rubel & Ménasché, the well-known Paris-based diamond company, has been supplying the jewelry houses of Place Vendôme with high-end small goods for over 50 years. The company has been granted European Commission “Authorized Economic Operator” (AEO)...

03 may 2021

Advanced Diamond Online Academy - how Branko Deljanin raises awareness among industry professionals

The intercontinental diamond educational web series, launched by BrankoGems Advanced Diamond Online Academy, premiered on April 9, 2021. A special course, created for diamond professionals, aims to raise awareness among industry players on diamonds...

26 april 2021

Igor Kevchenkov - “The things that will survive us”

Igor Kevchenkov, Director General of ‘Russkaya Yuvelirnaya Kompaniya (Russian Jewellery Company) No. 1’, one of the seasoned professionals in the jewellery industry due to many years of experience, answered the questions about the state of the...

19 april 2021

Gold brings stability, acts as insurance, and generates higher risk-adjusted returns especially in times of heightened uncertainty

Somasundaram PR (Som) joined the World Gold Council in January 2013, as Managing Director, India. Based in Mumbai, Som is responsible for leading the World Gold Council's activities across the Indian gold market. Som has over 27 years of...

12 april 2021

Flun Gumerov - “I think that a diamond is a unique gift from nature. A synthetic diamond is a man-made imitation of the gift of nature”

Flun Gumerov, Chairman of the Council of the “Jewellers Guild of Russia” Association and the founder of Almaz-Holding, told Rough&Polished about what is new in the legislation relating to the jewellery production and trade, about the sentiments at the...

05 april 2021

RZM Murowa diamond output dips as high-grade resources deplete

14 april 2021
RZM Murowa produced 579 000 carats in 2020 from its operations in Midlands, Zimbabwe compared with 685 000 carats produced, a year earlier.
Its parent company RioZim attributed the lower production to the processing of the low-grade K2 resources after the high-grade K1 resources had been depleted in the prior year. 
Operations were not affected by the COVID-19 pandemic as the mining industry in Zimbabwe was designated as an essential service and exempted from some of the lockdown measures.
Meanwhile, RZM Murowa continued to contribute positively to the group's profitability with a share of profit of ZW$494.8 million compared to ZW$ 22.9 million in the prior year.
RZM Murowa is set to invest $450 million to expand its operations in the Midlands Province of Zimbabwe.
The expansion project involves the change in mining method from open cut to underground mining for all of their kimberlite pipes.
RZM Murowa is targeting an annual output of more than 1 million carats by 2025 under their expansion project.
The company is also currently conducting an exploration programme at Sese in the Masvingo Province.

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished