Exclusive
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
Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets
Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.
16 september 2024
Russian nickel traded in China for yuans
The shift comes as Nornickel aims to increase sales to China this year due to a decrease in demand from some European buyers who are shunning Russian commodities. Nornickel’s Chinese customers are also pushing for long-term contracts to be linked to Shanghai prices. Negotiations are still ongoing, but they may also involve a mix of LME and SHFE pricing, the news agency said.
“China, the world’s largest consumer of commodities, has long pushed for greater control over pricing. Still, the vast majority of global commodity trade is still based on global benchmark prices in dollars. The shift to SHFE pricing was proposed by Chinese authorities some time ago, as they see it as a more stable benchmark than the LME, one of the people said,” the report adds.
Vladimir Malakhov, Rough&Polished