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

Sarine’s David Block: Diamond Industry at Standstill Until Chinese Demand Returns

David Block is CEO of Israel’s Sarine Technologies and has served in the position since 2012. In this exclusive interview for Rough and Polished, Block gives his opinion on the leading issues affecting today’s diamond trade.

11 september 2024

Dr M'zée Fula Ngenge: Demand for considerable-sized diamonds stronger than ever

The African Diamond Council (ADC) chairperson Dr M'zée Fula Ngenge told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although overall global diamond prices have been somewhat soft, the demand for considerable-sized diamonds...

02 september 2024

Amplats sees prospects as a standalone company

Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred...

19 august 2024

WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges

Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major...

12 august 2024

Nornickel to invest 6 billion rubles in the construction of an ice palace in Norilsk

03 march 2023
(tass.ru) - Nornickel will invest 6 billion rubles in the creation of an ice palace in Norilsk. This was announced to TASS during the Krasnoyarsk Economic Forum by head of the city Dmitry Karasev.
"6 billion rubles from extrabudgetary sources," he said, answering a question about the amount of funds for the construction of the ice palace.
Karasev clarified that the construction of the new ice palace is financed by Nornickel. The design of the palace is scheduled to be completed this year.
He also noted that active housing construction is underway as part of the renovation of the city. "The total amount of construction funds for the entire program is about 120 billion [rubles] until 2035. This year, if we take different sources, it will be about 3 billion rubles," he explained.
Nornickel is a diversified mining and smelting company, the world's largest producer of palladium and high-grade nickel. The production divisions of the Nornickel group are located in the Norilsk industrial region, on the Kola Peninsula and in the Trans-Baikal Territory, as well as in Finland.