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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...

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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...

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Norilsk Nickel focuses on domestic manufacturers of corporate safety systems

16 january 2024

Norilsk Nickel is not vulnerable in terms of investment safety projects in the context of difficulties with the procurement and supply of necessary equipment. The company focuses on domestic manufacturers of corporate safety systems, said Alexey Malinsky, Director of Norilsk Nickel's Investment Project Management and Planning Department.

"Yes, almost all large Russian industrial companies are experiencing certain difficulties due to the departure of foreign vendors. However, we are actively working on the replacement of equipment, materials, and software with domestic manufacturers. At the moment, there are no risks of stopping investment safety projects due to difficulties with the procurement and supply of necessary equipment to Norilsk Nickel," he said.

Malinsky spoke in Moscow at the "Safety: made in Russia" forum, which was attended by representatives of the executive and legislative authorities of Russia, leading domestic industrial companies, Russian developers and manufacturers of specialized equipment and solutions.

Speaking about the experience and practices of building an integrated security system for Norilsk Nickel Group enterprises, Malinsky said that the company's corporate infrastructure includes a significant number of facilities for various purposes, not only production, but also fuel and energy facilities, transport infrastructure, social and sports facilities, and so on.

According to the representative of Norilsk Nickel, in order to increase the efficiency of operational and investment costs for security, the company is implementing a unified technical policy, including such elements as internal categorization of facilities, maintaining a list of engineering and technical security equipment approved for use at the company's facilities, development and examination of design estimates on its own.

Norilsk Nickel's integrated security investment program and the allocation of financing for its operational support are based on unconditional compliance with the legislative and regulatory requirements of the Russian Federation and on a risk-oriented approach, Malinsky pointed out.

Alex Shishlo for Rough&Polished