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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

New president of ALROSA will leave the company's development strategy unchanged

17 march 2017
(rns.online) - The new president of ALROSA, Sergey Ivanov said that he would be committed to the development strategy of the company, which is focused on mining minerals, selling non-core assets and increasing production.
"I would like to assure you that I am committed to this strategy and intend to make every effort to deliver it," Ivanov said during a conference call with analysts organized to discuss the company's annual results. His statement was cited by Reuters.
Sergey Ivanov was elected as president of ALROSA, the world's largest producer of rough diamonds, on March 13. This prompted some analysts to ask whether he would start diversifying into diamond polishing or other commodities, the agency said.
Sergei Ivanov previously worked as a senior vice-president of Sberbank and headed the board of directors of insurance company Sogaz.

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