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

US announces plans to stop Russia from implementing the Arctic LNG-2 project

16 april 2024

The United States is focused on depriving Russia of the opportunity to carry out projects in the field of production and export of liquefied natural gas (LNG), said US Assistant Secretary of State for Energy Jeffrey Pyatt.

"Our goal is to ensure that Arctic LNG-2 will have no chance of success," Pyatt said, while refusing to comment on the possibility of imposing new sanctions against the Russian oil and gas industry.

"We are focused as much as possible on ensuring that Russia does not have the opportunity to implement new projects (for LNG production) in order to realize the gas that it used to send to Europe," the American official added.

On November 2, 2023, the US Treasury Department included Arctic LNG - 2 LLC, which is implementing a project to build a natural gas liquefaction plant, in the sanctions list. The Ministry also set January 31, 2024 as the deadline for completing transactions with Arctic LNG -2. The project participants are Novatek, the largest independent producer of natural gas in Russia (60%), the French corporation TotalEnergies (10%), Chinese CNPC (10%) and CNOOC (10%), as well as the Japanese consortium Japan Arctic LNG, which owns 10%, TASS reports.

Alex Shishlo for Rough&Polished