Valery Budny: There is no strategy and legislation in Russia enabling the full cycle processing of precious raw materials within the country

Valery Budny, Head of the Jewelry Russia program and CEO of the JUNWEX media holding, told Rough&Polished about the results of the meeting and pressing issues in the precious metals and precious stones (PMPS) and the jewelry sectors.

11 april 2024

Paul Zimnisky: Natural diamonds face the risk of eroding their appeal if constantly discounted

New York-based independent diamond and jewellery analyst and consultant Paul Zimnisky told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that the industry should do away with discounts. He said the industry should treat natural diamonds...

01 april 2024

Edahn Golan: Lab-grown diamond prices to continue declining

In an exclusive interview with Rough&Polished's Mathew Nyaungwa, Edahn Golan, proprietor of the eponymous Edahn Golan Diamond Research and Data, predicted that the prices of lab-grown diamonds would continue to decline, especially at the retail and...

25 march 2024

ADPA’s Ellah Muchemwa: G7 restrictions to bring extra costs from diamond mining to retail

The African Diamond Producers Association (ADPA), which has openly registered its disdain for the G7’s rough diamond trade restrictions, is of the opinion that the move will bring extra costs on all stages, from mining to retail. ADPA executive...

18 march 2024

Eduard Gorodetsky: Currently we see high demand for synthetic diamonds for use in technology segment rather than in jewelry

Director General of the Advanced Synthetic Research Center Eduard Gorodetsky told Rough&Polished about the current situation at the company, new exclusive technologies in the synthesis and production of lab-grown crystals, as well as the Research Center’s...

11 march 2024

Moscow exchange to limit settlements on Polymetal shares from July 20

20 july 2023

The Moscow Exchange will limit settlements on Polymetal shares from July 20, 2023 due to the upcoming re-registration of the company, TASS reports.

Starting July 29, settlements will be stopped and will open only after a corporate action has taken place, the exchange said.

"From July 20 to July 27, 2023, the only valid settlement codes are those with the expected execution of no later than July 27, 2023," the exchange said in a statement.

The exchange noted that share trading will resume as soon as the relevant corporate action is taken.

Earlier, at a corporate shareholders meeting Polymetal made a decision to relocate its headquarters from the Jersey Island to the Astana International Financial Center (AIFC) in Kazakhstan. As a result of the re-registration, the main listing of the company will move from the LSE to the Astana International Exchange.