The indelicate balance of ethics against profit

I am slightly pained to write this blog, as over the years I've made many close friends and contacts in Switzerland, not to mention worked very closely with several Swiss-based companies as part of our recently launched DMCC Crypto Centre, including...

Today

Yakut diamonds, the symphony of permafrost

The Yakutia-based Kierge company, one of the Top 100 of the leading jewellery brands in Russia, opened its showroom in Moscow this autumn, which is gaining popularity in the capital of Russia. “Kierge” is the Yakut for a “finery, decoration” in a broad...

22 november 2021

Vladislav Zhdanov - “The use of diamonds in high technologies is the main and key target of the diamond synthesis technologies”

Vladislav Zhdanov, Professor at the Higher School of Economics, Advisor to Director General - Chairman of the Management Board of the Russian Railways company, and former Vice President of ALROSA (2015-2018). He is a physicist by background...

15 november 2021

Ali Pastorini: The white diamond is the equivalent of a white shirt for a woman

Ali Pastorini is the co-owner of Del Lima Jewelry and President of Mujeres Brillantes, an association that brings together more than 1,000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

08 november 2021

“As a purist and old school diamantaire, I don't believe in LGD,” says Vin Lee, CEO Grand Metropolitan

Vin Lee, the King of Luxury, doesn’t need any introduction. He is a self-made billionaire CEO of Grand Metropolitan. The Beverly Hills' family office Grand Metropolitan is $7 billion AUM privately-held luxury goods holding company with a 60-brand...

01 november 2021

Mali approves African Gold environmental permit for Kobada project

28 october 2021
Mali’s ministry of environment has approved African Gold’s environmental and social impact assessment (ESIA) for the Kobada gold project and issued an updated environmental permit. 
The company said that the ESIA marks a key milestone in the permitting process and is the culmination of extensive consultations and stakeholder engagement.
“The approval of the ESIA and issuance of the environmental permit is a major achievement for our company and brings us to the final stages of the permitting process for Kobada,” said African Gold chief executive Danny Callow.
The company recently announced results of a definitive feasibility study for the Kobada gold project, which showed that the 3 million tonnes per annum operation has the potential of producing 1.2 million ounces (oz) of gold over a 16-year life-of-mine.
African Gold is expecting an average annual gold production of 100,000 oz over the first 10 years.

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