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

Gold production in Russia up 7% in January

05 march 2024

In January 2024, Russia increased gold production (raw or semi-processed gold, or in powder form) by 7% year-on-year.

Compared to December 2023, the output of the precious metal decreased by 38.1%, according to Rosstat. The agency does not provide specific data on volumes of extraction and production of precious metals.

By the end of 2023, gold output in Russia decreased by 2.5% year-on-year. No data about absolute values of production was given. At the same time, in 2023 47.9 tons of gold (-7%) were produced in the Magadan Region, 23.8 tons (+9%) in the Chukotka Autonomous District, 20.60 tons (-6%) in the Amur Region.

In 2022, the production of the precious metal in Russia reached 330 tons.

Alex Shishlo for Rough&Polished