Helga Pombal: Angola's Stardiam finds solution to the threat posed by lab-grown diamonds

Stardiam manager of production Helga Pombal told Rough&Polished's Mathew Nyaungwa on the sidelines of the Angola International Diamond Conference that lab-grown diamonds are creating a parallel market for more accessible stones, combined with lower...

Yesterday

Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year

The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...

04 november 2024

Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future

Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...

28 october 2024

Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Russia adopts law to fine unauthorized extraction of semiprecious stones

25 december 2017
Federal Law No. 414-FZ has established administrative fine for unauthorized extraction of jade or other semiprecious stones. The law was signed by the Russian president on December 20.
Responsibility is established for unauthorized production, transportation or storage for sale of jade or other semiprecious stones if such actions do not contain a criminal offense. The list of semiprecious stones will be established by the Government of the Russian Federation.
The punishment is provided in the form of a fine: for citizens - in the amount of two hundred thousand to five hundred thousand rubles, for officials - from five hundred thousand to eight hundred thousand rubles, for legal entities - from ten million to sixty million rubles. At the same time, confiscation of the instrument for committing an offense can be applied.
Sizes of administrative fines for unauthorized extraction, transportation or storage of illegally extracted amber have also been raised.