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Lucapa to become a niche diamond company, says Wetherall

Lucapa Diamond believes that it will become the only company in the world with multiple diamond mining operations whose average diamond value is in excess of $1,000 per carat, once the Mothae mine is commissioned this year. Company chief executive and...

19 february 2018

Zimnisky: Diamonds lack fungibility to be a major investment product

Physical diamonds will never be a viable widespread investment product simply because they inherently lack fungibility, meaning they are all unique, according to Paul Zimnisky, an independent diamond industry analyst and consultant, who is based in New...

12 february 2018

Julien-Vincent Brunie: "Being surrounded by beauty and art is a privilege!"

This last December, shortly before Christmas, the Auction House of Christie's arranged a private display of jewelry in Moscow. The correspondent of Rough & Polished, who had an opportunity to visit this event, was able to admire a luxurious collection...

05 february 2018

Ali Pastorini: We would like meeting Mujeres Brillantes 2018 to be held in Russia

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 500 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

29 january 2018

Diamond Exchanges promote healthy development of the diamond industry, besides safe and basic infrastructures for diamond trade

Prior to joining the Guangzhou Diamond Exchange, Liang Weizhang served as a civil servant of Guangdong Entry-Exit Inspection & Quarantine Bureau as the director of the Kimberley Process Office. He participated in the KP Review missions to South Africa...

22 january 2018

ALROSA receives positive ecological survey report on Upper Munskoye diamond field

16 february 2017
Russian Federal Service for Supervision of Natural Resource Usage has issued a final positive ecological survey report on ALROSA's Upper Munskoye diamond field.
"The commission made a clear adequate conclusion on the main characteristics of the diamond field, as well as natural features of the territory. According to the document, there are no species listed in the Red Book in this area. In addition, the commission selected a list of measures to prevent possible negative impacts on the environment and approved measures for soil remediation," says Deputy Environmental Protection Chief Engineer at Udachny deposit Alexander Fedorov. "The positive ecological survey report is one of the permits needed to begin the field work at the deposit. We also plan to obtain additional series of permits and licenses for the operation of various facilities in the area."
Project documentation has been developed and approved to begin diamond production at Polar and Magnetic pipes of the Upper Munskoye diamond field. The depth of ore mining will reach 400 meters. It involves extracting all the resource within the area's borders.

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