Yoram Dvash: Industry unity, producer leadership and marketing investment key to natural diamond's future

The natural diamond industry is navigating a period of significant transition, but there are increasing signs that the foundations for a stronger and more positive future are being built, according to the World Federation of Diamond Bourses (WFDB)...

29 june 2026

AWDC: First fully traceable artisanal diamonds from DRC sold on the international market in Antwerp

In a historic milestone for the diamond industry, fully traceable, artisanal diamonds from the Democratic Republic of Congo have been sold on the international market for the very first time in Antwerp. Below, Ine Tassignon, AWDC spokesperson, provides...

22 june 2026

Natural diamonds most desired luxury jewellery, Gen Z spending double baby boomers, reveals De Beers report

Natural diamonds remain the most desired jewellery item among US consumers, with Millennials and Gen Z driving demand value and spending, according to De Beers Group’s The Diamond Report, which draws on the biannual Diamond Acquisition Study of 18,500...

15 june 2026

Edahn Golan: India’s lab-grown diamond exports surpass natural diamonds by volume, yet value gap widens

India’s diamond industry has reached a historic turning point. In March and April 2026, the volume of lab‑grown diamond exports overtook that of natural diamonds, with lab‑grown stones accounting for 51% and 50.4% of total export volume respectively...

01 june 2026

Dr M’zée Fula-Ngenge: Kimberley Process failing Africa

The Kimberley Process (KP) is failing Africa, and the world's definition of a “conflict diamond” is a moral and legal absurdity, according to the African Diamond Council (ADC) chairperson M’zée Fula-Ngenge. The following exclusive...

18 may 2026

Nornickel upgrades Norilsk Concenrator

24 november 2022
The Company takes further steps to ramp up production capacities at Norilsk Concentrator (part of Medvezhy Ruchey, Nornickel’s subsidiary). Among them is installation of a new crushing unit that will enable to process up to 9.2 mt of ore per year.
The equipment was installed on a tight deadline (two and a half months) amidst the ongoing production. It took some 100 people engaged on a 24/7 basis to dismantle the old equipment, install around 50 tonnes of metal structures and lay down 220 cubic metres of reinforced concrete elements. The large-size equipment (up to ca. 45 tonnes) required two cranes with a capacity of 15 and 50 tonnes.
“Since the idea came up half a year ago, we managed to have all design stages covered, equipment manufactured, and construction and installation works completed. The project is worth RUB 550 m of investment. We also have ambitious plans to upgrade the existing fine crushing unit and the Talnakh ore crushing plant. These are our next targets,” said Vladimir Zaytsev, CEO of Medvezhy Ruchey LLC.
The new crushing unit is currently at the commissioning stage to adjust automation and process parameters for ore feeding and washing. It will be in full swing by the end of November, enabling Norilsk Concentrator to reach the design capacity in 2023.
Norilsk Concentrator became part of Nornickel’s subsidiary Medvezhy Ruchey LLC in 2017. It processes all desseminated ores from the northern part of the Norilsk-1 Deposit and cupriferous ores from the Talnakhskoye and Oktyabrskoye fields to produce nickel and copper concentrates.
The facility’s key shops are its Crushing Shop, Milling-and-Flotation Shop, and Hydraulic Structures and Hydrotransport Shop. Norilsk Concentrator also has two pipelines (operational and back-up) to transport waste tailings to the Lebyazhye tailing dam.

ABOUT THE COMPANY

MMC Norilsk Nickel is a diversified mining and metallurgical company, the world’s largest producer of palladium and high-grade nickel and a major producer of platinum and copper. The company also produces cobalt, rhodium, silver, gold, iridium, ruthenium, selenium, tellurium and other products.
The production units of Norilsk Nickel Group are located at the Norilsk Industrial District, on the Kola Peninsula and Zabaykalsky Krai in Russia as well as in Finland. 
MMC Norilsk Nickel shares are listed on the Moscow and on the Saint-Petersburg Stock Exchanges, ADRs are accepted for trading on the Saint-Petersburg Stock Exchange.
Norilsk Nickel fully supports the 2030 Agenda for Sustainable Development and the UN Sustainable Development Goals. The company considers social responsibility and commitment to the principles of sustainable development as one of the pillars of operational efficiency and business development. Nornickel seeks to continuously improve its activities in the areas of environmental protection, human rights, health and safety, environmental impact assessment, and biodiversity preservation. The company spent RUB 221.5 billion on SDG-linked projects in 2021.

Vladimir Malakhov, Rough&Polished