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

NOVATEK's Chinese partner withdraws from projects in Russia

25 june 2024

Wison New Energies (former Wison Offshore & Marine) is suspending its operations in Russia. Its board of directors decided to complete all current projects and stop participating in new ones indefinitely.

Wison New Energies is one of the manufacturers of modules for the Arctic LNG-2 project and should help NOVATEK with the construction of an onshore power plant for the LNG plant under construction. According to analysts, NOVATEK may still have time to receive modules for the Arctic LNG-2 project.

However, the situation with buildings for power units is more complicated. Wison New Energies is aware of the impact the decision may have on Russian partners and promises to ensure a "smooth transition."

Wison New Energies is part of the Wison Group, whose structures are engaged in engineering services, shipbuilding, green energy and other activities.

Wison (Nantong) Heavy Industry, a subsidiary of Wison New Energies, has contracts with Rosatom for the construction of hulls for three floating nuclear power units that are supposed to supply electricity to the Baimskaya OPP in Chukotka (OPP Baimskaya LLC has been included in the SDN List since May), angi.ru reports.

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