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Pavel Vinikhin: ALROSA will make a worthy contribution to the revival of the ‘Russian Cut’ Brand

ALROSA is known as the largest diamond mining company throughout the world. However, not everyone is aware that it has its own diamond-cutting division. For a long time, the activity of DIAMONDS ALROSA remained in the shadows, only occasionally attracting...

16 october 2017

William Lamb: Lucara now knows best routes to market large stones

Lucara Diamond recently announced that Graff Diamonds had bought its 1,109 carat diamond Lesedi La Rona for $53 million. The stone, which is the world’s second largest diamond found since the discovery of the 3,106-carat Cullinan diamond in 1905, failed...

09 october 2017

GSI was the first in the world to begin testing of smaller size diamonds in bulk and has never looked back since - Mark Gershburg

With more than 30 years of experience in the gem lab sector under his belt, Mark Gershburg is an industry veteran widely popular in the global gem and jewelry industry. He began his career in 1980 as a grader but his professionalism, creativity, and...

02 october 2017

Gaetano Cavalieri: Over the long term, demand for diamonds is likely to grow at a steady pace

The World Jewellery Confederation (CIBJO) represents the entire jewelry industry embracing a whole variety of companies, from those mining precious metals and gems to those, which are manufacturing and selling final products. The confederation...

25 september 2017

“I am bullish on the future of the diamond business. Three reasons for this optimism... new discoveries, extending mine life and the increasing demand for diamonds”, says Martin Leake

Martin Leake is a PhD exploration geologist and Six Sigma black belt who has been involved in the rough diamond market since 2004. He worked for BHP Billiton for 22 years and recently left Grib Diamonds where he helped set up a world-class marketing...

18 september 2017

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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