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.


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

Rusolovo acquired a tin deposit in Chukotka

02 october 2023

PJSC Rusolovo (part of PJSC Seligdar) won a license for a tin deposit on the Mlelyuvey River at the auction held on September 28. The concession is located in the Chaunsky area of the Chukotka Autonomous District.

The initial cost of the auction was determined at 31.023 million rubles. The company offered 40.329 million rubles for the deposit, reports.

According to the auction documentation, the estimated resources of placer tin are estimated at 677 tons.

Rusolovo develops tin mining and processing projects in two regions of the Far East: Khabarovsk Territory and Chukotka. The total amount of investments provided for the development of projects is 38 billion rubles.

With these funds, the company will build a metallurgical plant in the Khabarovsk Territory, and also launch the Pyrkakay Stockwork tin deposit in Chukotka.

Alex Shishlo for Rough&Polished