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

Bystrinsky MPP ships produce to a Russian enterprise for the first time in two years

03 january 2024

For the first time in the last two years, the Bystrinsky mining and processing plant (MPP) shipped products to a Russian company, said Zhargalma Badmazhapova, acting minister of economic development of Trans-Baikal region, as reported by TASS.

Previously, the MPP, a subsidiary of Norilsk Nickel group, mostly supplied its products to China.

“The ministry of economic development of the Trans-Baikal Territory is constantly in touch with all enterprises in the region. Indeed, according to our data, Bystrinsky MPP shipped iron ore concentrate to Evraz for the first time in the last two years,” Badmazhapova noted.

Evraz is a vertically integrated metals and mining company with assets in Russia, the USA, Canada, the Czech Republic and Kazakhstan, and is one of the largest steel producers in the world.

Bystrinsky MPP is one of the largest mining and processing enterprises in the Far East, its processing plant has a capacity of 10 million tons of ore per year. In 2021, the Trans-Baikal division accounted for 17% of Norilsk Nickel's total copper output.

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