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

Polyus Krasnoyarsk to increase capacity of Blagodatnoye Mine to 13 million tons

09 june 2023
(nedradv.ru) – Polyus Krasnoyarsk received a positive opinion from the Glavgosexpertiza (Russian body responsible for the state examination of design documentation for large and complex facilities) on the project for the reconstruction of the Blagodatny open pit in the Severo-Yeniseisky district of the Krasnoyarsk Territory.
The Blagodatnoye gold deposit is represented by two ore bodies, each of which was developed by separate sections No. 1 "Severny" and No. 2 "Southern", united into a single open pit in 2020.
Currently, the capacity at Blagodatnoye refinery is 9 million tons of ore per year. After the reconstruction, it is planned to increase the production capacity of the open pit to 12.99 million tons of ore per year.
“Placement of overburden waste rock is provided for in the projected Yuzhny and Blagodatny dumps. The main means of protecting mine workings from groundwater and surface water for quarry sites is provided by a quarry drainage system, equipped with powerful modern pumping stations and a transfer pumping station” notes Nikolay Sigaev, chief expert of the Glavgosexpertiza of Russia.
Recall that earlier the company reported on a project in the Blagodatnoye mine for the construction of a new mill, the launch of which is scheduled for 2025.
Reference
The Blagodatnoye deposit is developed by Polyus Krasnoyarsk (part of Polyus PJSC). The facility is located in the Krasnoyarsk Territory, 25 km from the Olimpiada deposit. In 2021, production at the Olympics amounted to 455.4 thousand ounces, in 2022 - 430.3 thousand ounces.