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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

Rescue operation at Mir is carried on despite flooding of most sections in the mine

10 august 2017
The water level at the Mir mine in Yakutia continues to increase, while the rescue and search operation for the eight missing miners continues for the 6th day in a row. Groundwater gradually fills the mine workings.
To carry out the search and rescue operations more effectively, combined teams of rescuers of Russia's Ministry for Emergencies and miners of ALROSA were formed.
Vladlen Aksyonov, Deputy Head of the ministry has been working at the mine since the first day of the incident and spent five hours underground, personally assessing the safety for rescuers.
"To understand what the situation is, you need to see it with your own eyes and assess the scale of destruction, the work that needs to be done, and the situation itself – whether it is safe for rescuers or unsafe. I found it necessary to personally go down and inspect the work sites. The situation is complicated – there are multiple blockages, large plugs of clay. Most excavations are completely flooded, but we continue to work on saving people," Aksyonov said.
Examination of mine workings showed that the water level in the mine continues to rise, the hydrological situation is deteriorating. The site of search should be protected from water. Auxiliary tasks, such as the functioning of mine life support systems, delivery and installation of necessary equipment, many other works are carried out directly by the specialists of the enterprise. "In a record time, several powerful pumps were installed to drain water from the mine. Usually, this work takes about a month, but in this situation, all the technical and human capabilities were mobilized. More than 50 people from 4 of our enterprises have installed pumps in 72 hours," said the president of ALROSA, Sergey Ivanov.
The total number of rescuers at the site is 320 people, of which 170 are specialists from the Ministry for Emergencies sent to Mirny from various regions of Russia.


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