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.

Yesterday

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

Eduard Gorodetsky: Currently we see high demand for synthetic diamonds for use in technology segment rather than in jewelry

Director General of the Advanced Synthetic Research Center Eduard Gorodetsky told Rough&Polished about the current situation at the company, new exclusive technologies in the synthesis and production of lab-grown crystals, as well as the Research Center’s...

11 march 2024

Groundwater reserves on the planet are on the verge of exhaustion

30 january 2024

Groundwater, a key source of fresh water for billions of people around the world, is facing a significant decline.

Groundwater accounts for about 30% of the world's freshwater reserves, and is critically important for regions with insufficient precipitation.

For the first time scientists have combined monitoring data from more than 170,000 wells in more than 40 countries, analyzing millions of measurements between 2000 and 2022.

The study revealed that the groundwater level decreased by 71% in 1,693 aquifers with an annual decrease of more than 0.1 meters in 617 of them.

Despite these alarming trends, there are positive dynamics. In some regions, such as Bangkok, Arizona and New Mexico, groundwater reserves have been restored thanks to strategies to limit the exploitation of aquifers, the use of local rivers and saturation of the subsurface with surface waters, rbc.ru reports.

Alex Shishlo for Rough&Polished