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...

16 april 2024

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

Lithium reserves at the Kolmozersky deposit may exceed previous forecasts

05 january 2024

The reserves of the Kolmozersky lithium deposit in the Murmansk region may turn out to be higher than previous forecasts, said the region's governor Andrei Chibis in an interview with Interfax.

The development of the project is managed by Polar Lithium, a joint venture between Rosatom and Norilsk Nickel.

“Recently, the director of Polar Lithium spoke in St. Petersburg and, perhaps for the first time, publicly announced that lithium reserves of the Kolmozersky deposit may exceed previous forecasts,” Chibis said.

The Kolmozersky field is considered the largest in Russia (18.9% of domestic reserves, 75 million tons) and the most promising one. The production volume of lithium carbonate and lithium hydroxide is expected to be about 45,000 tons per year. The mine is expected to reach its design capacity by 2030.

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