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Emergency meeting on search and rescue operation was held in Mirny

The volume of water accumulating in the quarry of the Mir Mine exceeded 12,500 cubic meters as at 8:00 (local time) this Sunday and there is a risk of its abrupt inrush into the underground mine threatening the lives of rescuers conducting search...

Today

Water level in the shaft of Mir rose to -273.7 meters

A regular shift of the search and rescue operation at Mir started its work underground this Saturday morning and cleared 17 meters of mine workings from obstructions, according to the statement released by the press service of ALROSA. The rescue teams...

Yesterday

ALROSA starts to move Mir Mine workers to other jobs

ALROSA has started to implement its CEO’s order to move the workers of the Mir Mine to other jobs, the company's press service says. The heads of the diamond miner’s divisions in team with production, personnel and social departments of the company...

18 august 2017

Investor creates a rough and polished diamond cluster in Vladivostok

Eurasian Diamond Center (EDC), based in the Free Port of Vladivostok (FPV), creates an infrastructure cluster bringing together companies operating within the diamond industry and focused on export-import operations with Asia-Pacific...

18 august 2017

Diamond Tycoon arrested in money laundering investigation

Israel's Police has arrested Israeli diamond and mining tycoon Beny Steinmetz and four others in a money-laundering investigation case, involving real estate deals abroad, as per media reports.

18 august 2017

A New Diamond Industry

10 january 2017
(paulzimnisky.com) - From the diamond industry's over-speculation on new consumer demand in China and India, to the resulting financial consequences and pressure on the industry to be more transparent, to shifts in generational consumer and cultural demand, and the advancement of lab-diamond production technology, the esoteric diamond industry has never been more interesting to observe and challenging to predict. The future of the diamond industry hangs on the follow-through of structural changes that have been prompted by the challenges faced and the opportunities presented above. In recent years three primary forces have been shaping a new diamond industry: 1) a new operating discipline, 2) a new generation of consumers, and 3) new technology. All of these forces impact all of the segments of the diamond industry, from mine to retailer.

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