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

Russia’s deputy PM suggests adjustments in payments for NSR freight traffic

11 june 2024

Deputy prime minister, presidential envoy to the Far Eastern Federal District Yuri Trutnev proposed a mechanism for compensating budget investments in the development of the Northern Sea Route (NSR) for companies wishing to reduce their obligations for cargo transportation along the route.

"I have instructed my colleagues to prepare such a proposal," Trutnev told reporters after a meeting of the presidium of the State Commission for the Development of the Arctic.

Trutnev said that the NSR cargo transportation plan for 2024, provided for by a trilateral agreement between the Ministry of Regional Development of the Russian Federation, Rosatom and six shippers (Rosneft, NOVATEK, Gazprom Neft, Norilsk Nickel, Severnaya Zvezda, Baimskaya) is 71 million tons.

Russian deputy prime minister Alexander Novak noted in March that Russia expects to reach 40 million tons of cargo transportation through the NSR this year. As reported, the volume of cargo traffic along the Northern Sea Route in 2023 amounted to 36.254 million tons, and in 2022 - to 34 million tons.

Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished