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

ALROSA gets exploration license near Kulenke River basin in Yakutia

12 march 2024

The Russian diamond mining company ALROSA won a tender to conduct diamond exploration in the Kulenke River basin in the Lindenskaya area in the Zhigansky ulus of the Republic of Yakutia, as reported by RIA Novosti.

Meanwhile, ALROSA’s application was the only one submitted to the tender. The company has made a commitment to carry out exploration for 493.6 million rubles, which will begin this year.

Earlier, RIA Novosti reported that Yakutian Subsurface Management Department (Yakutnedra) expects to identify three kimberlite bodies within the Lindenskaya area. If their diamondiferous potential is to be established, the resource will be assessed under P2 category. The contractor must also provide recommendations on further study of the Lindenskaya area and present the assessment methodology for localizing C2 resources and P1 inferred resources for newly identified diamondiferous kimberlites. As a result, inferred resources may increase by at least 47 million carats.

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