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

The damage from the melting of permafrost in the Arctic until 2050 is estimated at 7 trillion rubles

21 april 2023
The amount of damage that can be inflicted on the Russian economy as a result of the melting of permafrost in the Arctic zone may reach seven trillion rubles by 2050.
At the same time the degradation of permafrost soils is already the cause of 29% of losses arising from oil and gas production, porarctic.ru writes with reference to the statement of the head of the Department of Development of the Russian Arctic and the implementation of infrastructure projects of the Ministry of Regional Development Maxim Dankin.
The assessment of potential losses for industrial civil facilities in the Arctic has increased markedly. So, in 2021, the head of the Ministry of Natural Resources, Alexander Kozlov, said that by 2050 this damage could amount to five trillion rubles.
The deterioration of the forecast is a sign of the seriousness of the problem faced by both Arctic ecosystems and high–latitude settlements in Russia. The development of the cryolithozone warming processes is fraught with serious obstacles to the further development and economic use of the polar territories.
That is why it is necessary to deepen work in the direction of studying the nature and dynamics of temperature changes in the Far North.
This task will be partially solved with the launch of a system of state monitoring of the state of permafrost, the bill on which is under consideration by the State Duma of the Russian Federation.
But in addition to the organization of observation, in the future it will also be necessary to develop methods of effective counteraction to destructive processes occurring in the thickness of permafrost soils.

Alex Shishlo for Rough&Polished