Dr M'zée Fula Ngenge: KP has failed to adapt to contemporary challenges

The United Nations-backed Kimberley Process (KP), established in 2003 to prevent conflict diamonds from entering the mainstream rough diamond market, has failed to adapt to contemporary challenges, such as state-sponsored violence and sophisticated...

17 march 2025

Valentin Skurlov: Over the past 25 years, Fabergé Researches have progressed to discussing the new approaches to studying Fabergé’s legacy

Valentin Skurlov is an Honorary Academician of the Russian Academy of Arts (St. Petersburg), art historian, professor, Scientific Secretary at the Fabergé Memorial Foundation, consulting researcher in the Fabergé’s masterpieces at the Russian...

03 march 2025

Valery Budny: In the current economy, domestic jewelry manufacturing continues thanks to new technologies introduced over the past two decades

In February, JUNWEX St. Petersburg 2025 International Jewelry Industry Forum, one of the most significant projects of the “Jewelry Russia” Unified Exhibition Program, was held in St. Petersburg. Valery Budny, Head of the Jewelry Russia Program and CEO...

25 february 2025

Tshepo Molusi: South Africa establishes dedicated diamond retail shop in China

T3 Diamonds founder Tshepo Molusi told Rough & Polished’s Mathew Nyaungwa at the inaugural South Africa Diamond Show in Cape Town that the shop opened an opportunity for diamond manufacturers under the incubation to export their products to China. He...

17 february 2025

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

Polar Lithium reports progress on Kolmozerskoye deposit

14 february 2025

At an extended meeting of the special working group, representatives of Polar Lithium reported on the progress of development of the largest lithium deposit in Russia.

Polar Lithium, a joint venture of Norilsk Nickel and Rosatom, has completed geological exploration work, carried out land reclamation at the deposit site, conducted engineering surveys at the mining camp and soon intends to complete field work to find a water intake for the future mining and processing plant, the company's chief geologist Valentin Kryazhev noted.

The annual environmental monitoring will begin in the second quarter of 2025. In the fourth quarter, the company plans to complete engineering tests at the mining site, processing plant and tailings facility, and to upload the deposit’s reserves into the state balance based on geological exploration results.

Meanwhile, during a meeting with initiative groups of indigenous peoples, company representatives spoke about a number of environmental and social initiatives that are part of the deposit development project.

Vasily Zakharov, head of public and government relations at Polar Lithium, said that the company plans to initiate the procedure for obtaining free, prior and informed consent (FPIC) this year and begin investing resources in the territory of its presence.

Norilsk Nickel is in contact with the indigenous population and is discussing an infrastructure plan that should not disrupt the way of life of indigenous peoples - routes should not pass through religious sites and historical burials, and the impact on their lands will be minimized.

Finally, during a survey of the Lovozero tundra near the Kolmozerskoye deposit, a site of ancient Neolithic man was discovered, which will be preserved as an archaeological monument and transferred to the public for study.

Theodor Lisovoy, Managing Editor, Rough&Polished