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

Cargo transportation along the Northern Sea Route increases 36 times in ten years

02 april 2024

Due to the melting of ice and the development of shipping, Russia increased cargo transportation along the Northern Sea Route 36 times in 2012-2023, said Alexei Chekunkov, Russian Minister for the Development of the Far East and the Arctic.

According to him, the NSR attracts the attention of the whole world, which is facilitated by the risks that have significantly increased on traditional routes such as the Suez Canal, the Strait of Malacca, and in the Indian-Pacific region.

"Russia remains the most advanced country that is able to organize navigation, the only country that has its own nuclear icebreaker fleet that is advanced in terms of tonnage, capacity, and age. Therefore, I am sure we will achieve the planned plans for the development of transportation along the NSR, although it will not be an easy task," the minister said in an interview with Izvestia.

"Strategically, if in the 2010s there were millions of tons [of cargo transportation], now, in the 2020s, we are talking about tens of millions of tons on the NSR: last year there was a record of 36.5 million tons. This year, I am sure we will deliver a new record. In the 2030s, there will be hundreds of millions of tons: by 2030, I think we will reach 100 million tons, and in the 2030s it will already be 200 million tons," he added.

Alex Shishlo for Rough&Polished