“In the jewellery art, we express our feelings, emotions and share them with others”

Over 30 years, the MOISEIKIN company based in the Ural area has become a famous jewellery brand. The jewellery and souvenirs of this jewellery house made of precious and semi- precious stones and metals are displayed at museums and in private collections...

20 march 2023

Automatic double upgrade of diamonds is not only a questionable practice but could be systemic fraud – Meeus

HRD Antwerp is under investigation by Belgian authorities following allegations that for every Gemological Institute of America (GIA) stone, which entered their lab for certification an automatic upgrade would be given two colours up and one...

13 march 2023

"At House of Ashish Vijay, diamonds and coloured gemstones will only ever mean stones that carry a storied legacy"

Ashish Vijay, a Dubai-based investor, philanthropist, entrepreneur and businessman with decades of experience in the precious gemstone and luxury jewellery industry, finance and investments sectors, set up his business in Dubai in the year 2013. As the...

06 march 2023

KP should remodel its enforcement, accountability mechanisms if it wants to remain relevant - Fula-Ngenge

The African Diamond Council (ADC) is calling on the Kimberley Process (KP) to remodel its enforcement and accountability mechanisms if it wants to remain relevant and effective. ADC chairperson M’zée Fula-Ngenge told Rough&Polished’s...

27 february 2023

Why ODC is taking longer to sell the polished Okavango blue diamond?

Okavango Diamond Company (ODC), a rough diamond marketing company that is wholly owned by the Botswana government, took an extraordinary decision to polish the 20.46-carat Okavango blue diamond recovered at Debswana’s Orapa Mine in 2018. It was...

20 february 2023

Mangazeya Group agrees to purchase a license for the development of the Taseyevskoye field from Highland Gold

17 march 2023
Mangazeya Mining Company (part of Mangazeya Group of Companies) and Highland Gold signed a term sheet for the purchase of a license to develop the Taseyevsky gold deposit, which previously belonged to LLC Taseyevskoye, a subsidiary of Highland Gold.
Under the terms of the deal, the Mangazeya Group will also receive a license for geological exploration of the sands of the ZIF-2 tailings dump – the former Baley gold recovery factory.
The Taseyevskoye field, located near the town of Baley in the Trans-Baikal Territory, is one of the largest in the region. According to the data of the Federal Budgetary Institution "GKZ", the reserves of the deposit are estimated at 105 tons of gold.
"Transbaikalia is a very important region for me personally, one of the main assets of our business is concentrated here - the Mangazeya Mining company. Now its perimeter will include one of the key and largest deposits of the region, whose reserves are estimated at more than 100 tons of gold. The implementation of the project will have a positive socio-economic effect: more than 3.500 jobs will be created in Transbaikalia at our enterprises and in related fields, and gold production in the region will grow by 30%," said Sergey Yanchukov, founder and owner of Mangazeya Group of Companies. "The Taseyevskoye field cannot be called simple: after the transaction is concluded, we will face a number of tasks related to the further study of the hydrogeological situation around the sites, the development of solutions for the drainage of the quarry, as well as the choice of the optimal technology for ore enrichment and hydrometallurgical processing. But the asset is definitely promising both for our company and for the region."

Alex Shishlo for Rough&Polished