Varvara Dmitrieva: The jewelry industry of Yakutia is distinguished by its creativity, unique cultural code and conservation of traditions

Varvara Dmitrieva, Associate Professor and Head of the Department of Precious Stones and Metals Processing Technologies of the North-Eastern Federal University, told Rough&Polished about the results of the Forum of jewelry Craftsmanship and the prospects...

16 april 2024

Valery Budny: There is no strategy and legislation in Russia enabling the full cycle processing of precious raw materials within the country

Valery Budny, Head of the Jewelry Russia program and CEO of the JUNWEX media holding, told Rough&Polished about the results of the meeting and pressing issues in the precious metals and precious stones (PMPS) and the jewelry sectors.

11 april 2024

Paul Zimnisky: Natural diamonds face the risk of eroding their appeal if constantly discounted

New York-based independent diamond and jewellery analyst and consultant Paul Zimnisky told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that the industry should do away with discounts. He said the industry should treat natural diamonds...

01 april 2024

Edahn Golan: Lab-grown diamond prices to continue declining

In an exclusive interview with Rough&Polished's Mathew Nyaungwa, Edahn Golan, proprietor of the eponymous Edahn Golan Diamond Research and Data, predicted that the prices of lab-grown diamonds would continue to decline, especially at the retail and...

25 march 2024

ADPA’s Ellah Muchemwa: G7 restrictions to bring extra costs from diamond mining to retail

The African Diamond Producers Association (ADPA), which has openly registered its disdain for the G7’s rough diamond trade restrictions, is of the opinion that the move will bring extra costs on all stages, from mining to retail. ADPA executive...

18 march 2024

Russia suspended membership payments to the Arctic Council

14 february 2024

Russia has suspended the payment of annual membership fees to the Arctic Council, the Foreign Ministry told RIA Novosti.

"At the moment, Russia's payment of annual fees to the budget of the Arctic Council has been suspended until the resumption of practical work in this format with the participation of all member countries," the ministry said.

According to the Foreign Ministry, the current joint projects are being affected in such fields as the preservation of the fragile ecosystem of the Arctic, conducting polar research and marine scientific expeditions, developing humanitarian ties, improving the quality of life and well-being of the population and indigenous peoples of the Far North.

At the same time, the ministry said that "today the question of a possible withdrawal [of Russia] from the Arctic Council is not in the practical plane."

The Arctic Council was established in 1996. It is a high-level intergovernmental forum that promotes cooperation in the region, especially in the field of environmental protection. Among the member states of the Council are Denmark (including Greenland and the Faroe Islands), Iceland, Canada, Norway, Russia, the USA, Finland and Sweden. The rotation of the Chair countries takes place every two years.

In March 2022, the Western member countries of the council announced the suspension of participation in any events of the association in protest against the events in Ukraine. In May 2023, Norway assumed the presidency of the Council.

Alex Shishlo for Rough&Polished