Nosiphiwo Mzamo: South Africa’s State Diamond Trader to buy diamonds from other African countries

South Africa’s State Diamond Trader (SDT) is set to buy diamonds from other African countries starting with Botswana. SDT’s chief executive Nosiphiwo Mzamo told Rough & Polished’s Mathew Nyaungwa at the country’s inaugural diamond show, which...

10 february 2025

Edahn Golan: Halo effect from lab-grown diamonds driving high demand for large, 2-carat natural stones in the U.S.

Edahn Golan, owner of the eponymous Edahn Golan Diamond Research and Data, told Rough & Polished's Mathew Nyaungwa in an exclusive interview that their research found a halo effect from lab-grown diamonds. He said the trend among lab-grown diamond...

27 january 2025

Paul Zimnisky: We will see a modest recovery in natural diamond demand and prices in 2025

According to Paul Zimnisky, an independent diamond and jewellery analyst and consultant based in the New York metro area, the natural diamond industry will see a modest recovery in demand and prices this year. Zimnisky said a moderate recovery would...

13 january 2025

African Diamond Council makes traceability its top priority, wants KP to embrace Authentia.io

The African Diamond Council (ADC) has made traceability its foremost priority and has been contributing to a traceability solution called Authentia.io for the last three and a half years, which is now ready to globally satisfy the traceability...

16 december 2024

Gaetano Cavalieri: CIBJO leading the jewelry industry on critical issues

One of the gem and jewellery industry’s most well-known and respected personalities, Dr. Gaetano Cavalieri, has been the president of the World Jewellery Confederation (CIBJO), for the past 23 years. CIBJO is the oldest international organisation...

09 december 2024

NLMK shareholders elect a new company chairman

09 january 2024

Shareholders of the NMLK group of companies elected Sergey Karatayev as the new chairman of the company at an extraordinary meeting, as reported by Kommersant with a reference to the company's sources.

Karatayev, a former head of the First Logistics Company, is scheduled to assume the new position on January 12.

Grigory Fedorishin, an outgoing chairman, will remain a part of the company's board.

Karatayev graduated from the Financial Academy under the Government of the Russian Federation as a Finance and Credit specialist, and later got a MBA degree from the Insead business school in France. Earlier he was a vice president at NLMK and a CEO of the First Logistics Company before that. He was also a high-ranking official at the Novartis International AG and the Rosselmash state corporation.

In November 2023, it was reported that NLMK president Grigory Fedorishin would retire from his position this January.

NLMK Group is a leading international manufacturer of high-quality steel products with a vertically integrated business model. Mining and steelmaking are concentrated in cost-efficient regions; finished products are manufactured close to its main customers in Russia, North America, and the EU.

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