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

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

Far North marine cargo transportation operator fined for pollution of the Yenisei

19 march 2024

The Prosecutor's Office of the Krasnoyarsk Territory issued a fine of 4.6 million rubles to the Arctic Consulting Service freight forwarding company for pollution of the Yenisei river with petroleum products.

In September 2022, the company pumped petroleum products from tank containers to a fuel tanker in the village of Dixon in violation of security measures. As a result, an oil spill occurred on an area of about 130 square meters in the Yenisei water protection zone.

Arctic Consulting Service, which has been carrying out sea transportation to the Far North for ten years, refused to reimburse the damage according to the order voluntarily. Therefore, it was brought to court to collect the fine.

Earlier, an oil slick about 100 meters long was discovered in the waters of the Yenisei River in Krasnoyarsk. Before that, there was an oil depot in that area. After its liquidation, underground oil product storage facilities remained near the shore. There are plans to recultivate the area, reports.

Alex Shishlo for Rough&Polished