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

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