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...

Yesterday

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

Zijin seeks environmental permit for copper and gold exploitation in Serbia

27 october 2023

China’s Zijin Mining Group is seeking an environmental permit for further exploitation of copper and gold deposits at its Čukaru Peki project in Serbia.

As stated in the company's request, it needs to conduct an environmental impact assessment to get access to underground deposits containing 16 million tons of copper and 333 tons of gold in the lower part of the mine.

The document prepared by the Belgrade-based Dvoper d.o.o. and the Mining Institute and submitted for decision to the Ministry of Environmental Protection, says that the planned project development and construction of supporting facilities at the Čukaru Peki will necessitate the relocation of the entire Oštrelj settlement and parts of the Slatina settlement.

The production at the planned underground mine is expected to begin in 2024, meanwhile the expansion is divided in three phases. The first phase involves the construction of an ore processing plant, and a new flotation plant will be a part of the second phase.

For this investment, Zijin and the Serbian Ministry of Mining signed a Memorandum of Understanding in China at the beginning of September.

The total production life of the mine will be 41 years. The upper part of the project is expected to be depleted within the next ten years.

Theodor Lisovoy, Editor in Chief of the European bureau, Rough&Polished