DiaMondaine Diamantaires Club mulls diamond safari tours in southern Africa

DiaMondaine Diamantaires Club (DDC) is set to organise diamond safari tours in southern Africa, home to major diamond-producing countries. DDC founder Agnes Abdulahu told Rough&Polished’s Mathew Nyaungwa that the launch of the first diamond safari...

15 july 2024

Vladislav Zhdanov: Questions of efficiency and investment potential of diamond mining versus diamond growing pique keen interest

Vladislav Zhdanov is Professor at the National Research University Higher School of Economics (HSE). He told Rough&Polished about new researches into the effectiveness of diamond production methods.

02 july 2024

Why it's expensive to cut and polish diamonds in Africa? ADMA president António Oliveira has the answer

The African Diamond Manufacturers Association (ADMA) president António Oliveira told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that the lack of a robust infrastructure in Africa fails to accelerate and encourage manufacturing...

24 june 2024

Edahn Golan: IPO feasible but not Anglo’s preferred way to sell De Beers

Edahn Golan, owner of the eponymous Edahn Golan Diamond Research and Data, told Rough&Polished's Mathew Nyaungwa in an exclusive interview that while an IPO of De Beers is “feasible,"  he does not think this is a route Anglo American...

17 june 2024

GemsCouture- avant-garde by Victor Moiseikin

Jewelry items and precious souvenirs of the MOISEIKIN jewelry brand are in the museums and private collections of world celebrities, representatives of the political and cultural elite - from Xi Jinping to the British Windsors, from Angela Merkel to...

05 june 2024

Gold reserves in Russian banks amounted to 73.1 tons by December

27 december 2023

Russian banks increased their gold reserves to 73.1 tons by the beginning of December 2023, according to data from the Bank of Russia.

In November, the volume of gold reserves increased by 1.8 tons, or 3% as compared to October.

In monetary terms, the volume of reserves for the reporting period amounted to 423.4 billion rubles. At the same time, according to RIA Novosti, by the beginning of November, the volume of reserves amounted to 424.4 billion rubles.

As a result, the monthly growth rate was 2.5%.

The media agency also notes that since the beginning of the year, gold reserves held by Russian banks have increased by 8.3 tons (+12.8%).

Alex Shishlo for Rough&Polished