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

Norilsk Nickel is implementing a program aimed at increasing cargo volumes to be transported along the Northern Sea Route

19 june 2023
Norilsk Nickel is implementing a program aimed at increasing cargo volumes to be transported along the Northern Sea Route (NSR), although with a slight delay, Andrey Grachyov, Vice President for Federal and Regional Programs of MMC Norilsk Nickel, said at the St. Petersburg International Economic Forum.
“In 2022, we signed a cooperation agreement with the Ministry for Development of Far East and the Rosatom company, in which we indicated the expected volumes of cargo traffic along the NSR until 2030. Now, this agreement is under implementation, although with a slight delay,” he said.
According to Grachyov, the Nornickel company transported 1.5 mn tons of cargo in 2020 and more than 2 mn tons in 2022. “So, we increased the volume by 40%,” he added.
Speaking about the prospects, Grachyov noted that the Norilsk Nickel company would need to replace outdated icebreakers that would be phased out of service in the long term. ‘Currently, we use our own fleet consisting of 6 icebreakers,” he said.
In October 2022, the Russian companies, including Norilsk Nickel, entered into agreements with the Russian Ministry for Development of Far East and the Rosatom company on the annual volume of cargo to be transported along the Northern Sea Route until 2030.
Russian Deputy Prime Minister Aleksandr Novak said earlier that Norilsk Nickel plans to export 2.3 mn tons of goods from its enterprises via the Northern Sea Route in 2023, and to increase cargo volumes to 2.4 mn tons in 2024.