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

Northern Sea Route transportation capacity to be increased to 150 million tons by 2030

15 may 2024

The transportation capacity of the Northern Sea Route will increase to 150 million tons by 2030 and to 220 million tons by 2035, said Alexey Chekunkov, Russia’s Minister for Development of the Far East and the Arctic.

"It is planned to increase the carrying capacity of the Northern Sea Route to 150 million tons by 2030, to 220 million tons by 2035," he said, speaking at a plenary session of the State Duma.

According to Chekunkov, the Far East and the Arctic occupy more than half of Russia's territory. Despite the low population, they provide a significant volume of production of key export goods. At the same time, the exploration of these territories is a state priority. "The government has launched a series of mechanisms, thanks to which, over the past ten years, the pace of economic development of these territories has been higher than the national average," Chekunkov said.

Businesses have received preferential conditions, and infrastructure projects are being stimulated. To improve the quality of life of people, the state has launched a preferential mortgage, provided free plots of land, added preferential tariffs for air transportation.

According to Chekunkov, today the ministry faces the task of further development of the Far East and the Arctic. It is necessary to build more than 1,200 new facilities, ensure the development of transport corridors, pnp.ru reports.

Alex Shishlo for Rough&Polished