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

Lyudmila Vysotskaya: Amber is a mystical stone, a living substance

Lyudmila Vysotskaya is a Kaliningrad-based amber artist and designer, expert, chairwoman of the Amber Academy and member of the Creative Union of Artists in Decorative and Applied Arts. This summer, visitors could admire the art works by Lyudmila Vysotskaya...

30 july 2024

De Beers shines light on budding jewellery designers

Diamond giant De Beers will this year conduct its bi-annual Shining Light Awards jewellery design competition. De Beers beneficiation manager Kagiso Fredericks told Rough & Polished's Mathew Nyaungwa in an exclusive interview they set aside 4.5 carats...

22 july 2024

Russia may withdraw from the UN Convention on Arctic Sea Law

19 march 2024

Russia may reconsider its participation in the UN Convention on the Law of the Sea in the Arctic, said Nikolai Kharitonov, Chairman of the State Duma Committee on the Development of the Far East and the Arctic.

The denunciation of the Convention may be carried out to protect national interests against the background of the actions of 'unfriendly' countries.

The Convention was adopted in 1982. At that time, the USSR did not join the convention, since it defined the concept of a 12-mile zone of territorial waters, whereas the Soviet Union used a sectoral approach to defining borders in the Arctic. Russia ratified the document in 1997.

The Russian military and experts consider continued participation in the convention as a 'time bomb'. It is claimed that NATO ships and aircraft are actively conducting reconnaissance activities in the Russian sector of the Arctic, without crossing that very 12-mile zone, b-port.com reports.

Alex Shishlo for Rough&Polished