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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
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07 october 2024
Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products
Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...
30 september 2024
Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices
The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...
23 september 2024
Russian Finance Ministry: Attempts to question Russia's full compliance with the Kimberley Process Certification Scheme are unfounded and speculative
“Furthermore, the Russian Federation condemns the attempts of the Civil Society Coalition supported by an absolute minority of some Western participants to politicize the work of the Kimberley Process substituting and distorting the basic principles. We consider it absolutely unacceptable to dilute the profile of the KP,” the commentary said.
According to the ministry, any attempt to classify Russian diamonds as non-compliant with the Kimberley Process shows a low level of awareness.
The Russian ministry's statement also emphasizes that tax payments and dividends from diamond mining operations in Russia are the backbone of community development in Yakutia, where 90% of diamonds are mined and where about 1 million people, including indigenous communities, live in very harsh climatic conditions.
“Yakutia receives almost all budgetary and other tax payments that have been providing targeted investments in local communities for over 50 years. Dividends are the most important and for some local communities the only source of funding for the repair of roads and utilities, schools, kindergartens, hospitals and other institutions,” the commentary added.
“Russia intends to continue discussing the definition of “conflict diamonds”. We believe that the success of this work is possible only on a depoliticized basis, in full compliance with the rules of the Kimberley Process. We expect our opponents to refrain from further speculative accusations and focus on the substantive work of the Kimberley Process, showing respect for other participants and global diamond mining industry as a whole. We call on all participants and observers of the Kimberley Process to strictly follow the Rules and Procedures of the Kimberley Process and the agenda agreed upon by consensus,” the Russian Ministry of Finance said in conclusion.
Vladimir Malakhov, Rough&Polished