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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
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
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
Some EU States push for Russian diamond ban
The EU, which has so far implemented six rounds of sanctions since Russia needs unanimity to agree any such ban that Belgium - home to the world's biggest diamond trading hub Antwerp - has rejected in the past.
The EU's executive European Commission is expected to present a formal proposal for more sanctions to member states this week.
Poland, Ireland, Lithuania, Estonia and Latvia proposed introducing a retaliatory ban on imports of diamonds from Russia, where Alrosa is the world's largest producer of rough gems.
The Antwerp World Diamond Centre said sanctions would take away some 30% of business and benefit rival trade hubs, adding clients should be allowed to decide themselves if they wanted Russian gems.
But on Sept. 14, Prime Minister Alexander de Croo told an international diamonds conference that such a ban would be a "huge loss" and would hurt an industry accounting for 5% of Belgium's exports and supporting some 30,000 jobs.
An EU official and a diplomat involved in preparations of new measures against Russia said, however, that Belgium was now expected to lift its veto.
Following the Commission's proposal on new sanctions, diplomats and ministers will negotiate until they reach consensus, failing which the matter goes to the 27 national leaders when they meet in Prague on Oct.6-7.
Alex Shishlo for Rough&Polished