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

MMCs are urged to adopt Scope 3 emissions reduction guidance

10 january 2024

Mining and metallurgical companies (MMC) across the globe are urged to embrace a new guidance on reducing Scope 3 emissions published by the International Council for Mining and Metals (ICMM) in December.

There are three scopes of emissions reduction. The Scope 1 category covers direct emissions from an organization's facilities. Scope 2 covers emissions from electricity purchased by the organization. Scope 3 covers other indirect emissions, including those from general suppliers and use of the organization’s products.

According to Mining Weekly, the guidance is a tool to assist mining companies in their engagement with the financial sector, investors, regulators, suppliers, customers and other mining sector stakeholders on Scope 3 emissions, which are a critical area of concentration for the mining and metals industry as they represent up to 95% of a company’s total emissions for some commodities.

ICMM emphasized the importance of transparency and engagement with suppliers, customers, investors and regulators in setting targets, to help accelerate emissions reduction throughout the value chain. Acknowledging the differences in commodities and value chains, the guidance provides mining and metals-specific context around commonly used approaches rather than endorsing a specific methodology.

“As the discussions at COP28 have made clear, each sector bears the responsibility to understand its part in the broader system and extend beyond immediate boundaries to unearth solutions to stubborn sources of emissions,” ICMM CEO Rohitesh Dhawan stated in a release to Mining Weekly.

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