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

Nornickel won Russia's most prestigious industry award

12 october 2023

Norilsk Nickel was awarded a bronze statuette of a miner at the annual MINEX Russia 2023 forum in Moscow for the implementation of its unprecedented environmental Sulfur Program.

The company won the country’s most prestigious industry award, the Russian Mining Award, in the "Sustainable Development Project of the Year" category.

The Sulfur Program is the largest and most important environmental initiative of Norilsk Nickel, which will significantly reduce sulfur dioxide emissions in the Norilsk industrial region.

During the forum, top managers of Norilsk Nickel presented other areas in which the company is involved in: geometallurgy, the use of video analytics and big data, a digital platform for mining geology and surveying.

One of the highlights of the forum was the announcement that the Polar Lithium company plans to begin production at its Kolmozerskoye deposit ahead of schedule in 2026 due to an increased lithium demand.

PJSC MMC Norilsk Nickel is a diversified mining and metallurgical company, the world's largest producer of palladium and high-grade nickel, and the world's leading producer of platinum, cobalt, copper and rhodium. The company also produces silver, gold, iridium, ruthenium, selenium, tellurium, sulfur among other products.

The production divisions of the Norilsk Nickel group of companies are located in Russia in the Norilsk industrial region, on the Kola Peninsula and in the Trans-Baikal Territory, as well as in Finland.

In Russia, the company's shares are admitted to trading on the Moscow and St. Petersburg stock exchanges, and its American depository receipts are admitted to trading on the St. Petersburg stock exchange.

The group's products are supplied to 37 countries in Europe, the Asia-Pacific region, and Americas. It is acquired by more than 400 partner companies. Its sales offices operate in Switzerland, China and the USA.

Norilsk Nickel fully supports the UN 2030 Sustainable Development Agenda and the UN Sustainable Development Goals. For the company, adherence to the principles of sustainable development and corporate social responsibility is an integral part of efficient operations and business development. Norilsk Nickel is constantly improving its environmental protection activities, human rights protection policy, occupational safety and health, environmental impact assessment, and biodiversity conservation. The company spent 333 billion rubles on projects related to sustainable development in 2022.

Alex Shishlo for Rough&Polished