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

Rosgeologiya to be provided with diamond drilling tools

14 november 2023

Rosgeologiya continues to update the fleet of equipment for its drilling operations, actively investing in the purchase of domestic equipment.

According to the press service of the largest Russian geological exploration holding, Rosgeologia has found a new supplier of diamond drilling tools - the Terekalmaz plant (Kabardino-Balkarian Republic). The holding has already conducted the first tests of drilling tools from this Russian manufacturer.

"A working meeting was held with the participation of a representative of the Ministry of Industry and Trade and the Government of the Kabardino-Balkarian Republic. The delegation of Rosgeologia got acquainted with enterprise's work. Following the results of this meeting, we offered the plant to participate in the suppliers' growth program for the purchase of equipment for the needs of Rosgeologiya, followed by the conclusion of a long-term contract for the supply of diamond tools for the group," said Evgeny Muratov, director of the Center for the Import Substitution Development of Rosgeologiya JSC.

Terekalmaz manufactures diamond drill bits with its own synthetic diamonds. Now the company's management is waiting for the conclusion of a tender with the exploration group.

Alex Shishlo for Rough&Polished