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SA’s Vutomi project can start production end of 2018 – John Teeling

Botswana Diamonds entered into an option and earn-in agreement with Vutomi Mining and Razorbill Properties, a private diamond exploration and development firm in South Africa last February. It agreed to pay Vutomi a total of £942,000 in cash, of which...

26 june 2017

Proximity doesn’t matter, your pocket does: Tanzanians interested in tanzanite jewellery can testify

Tanzanite, a rare blue/purple gem, was discovered in the Merarani Hills of Manyara Region in northern Tanzania in 1967, a few miles from Arusha and Mount Kilimanjaro. It is used as a gemstone and of late Tanzanians are manufacturing quality jewellery...

19 june 2017

Global demand for polished diamonds will remain steady – Ali Pastorini

Ali Pastorini, senior vice-president of the World Jewelry Hub, answered questions from Rough & Polished concerning the world diamond market, preferences of consumers and role of bank crediting.

13 june 2017

Eternal values in Malaya Bronnaya Street

The assay supervision in Russia is 317 years old. Much younger is the Moscow Gemological Certification Centre (MGCC) established under the Assay Chamber and located in the same ancient respectable mansion at 18, Malaya Bronnaya Street. The MGCC employees’...

05 june 2017

Diamonds will have the greatest potential in 2017

Mumbai-based Rajesh Bhagat, India Consultant of Hong Kong Trade Development Council (HKTDC) who oversees HKTDC’s operations across India, Sri Lanka and Bangladesh, has been assisting companies, particularly small and medium enterprises (SMEs) in the...

29 may 2017

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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