Varvara Dmitrieva: The jewelry industry of Yakutia is distinguished by its creativity, unique cultural code and conservation of traditions

Varvara Dmitrieva, Associate Professor and Head of the Department of Precious Stones and Metals Processing Technologies of the North-Eastern Federal University, told Rough&Polished about the results of the Forum of jewelry Craftsmanship and the prospects...


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

GV Gold will launch Svetlovskiy mining and processing plant in 2025

11 september 2023

In two years, the Svetlovsky Mining and processing plant, a new gold mining enterprise, will start production in the Irkutsk region, reports.

The project for the development of the field of the same name is led by GV Gold. According to the company's calculations, the annual processing volumes of the future mining and processing complex will reach 3.5 million tons of ore. Svetlovskiy mining and processing plant is expected to produce up to 3.1 tons of gold per year.

According to the governor of the Angara region Igor Kobzev, the opening of the plant will have a positive impact on the socio-economic development of the region. The facility will operate in the Bodaibinsky district and will require up to 1.000 employees.

The total resources of the Svetlovskoye deposit amount to 0.66 million ounces of gold (as of January 1, 2021).

Alex Shishlo for Rough&Polished