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Fura Gems tempting India with rubies from Mozambique and emeralds from Colombia

A qualified Chartered Account, Dev Shetty heads Fura Gems Inc as President and CEO, who has recently developed world’s largest emerald mine in Zambia and world’s largest ruby mine in Mozambique. Dev started his career in India but moved to the UK in...

15 january 2018

The Exchange plays a significant role in the global jewellery industry - Li Zhiwei, General Manager, GDGJE

Li Zhiwei, has been engaged in the Gems and Jewellery development management in China’s government department for the past 30 years. He served as Vice Chairman of Gems and Jewelry Association of China for more than 10 years and has effectively pushed...

09 january 2018

Yoram Dvash Hits The Ground Running As Second Term Begins

Having completed his first term in office as President of the Israel Diamond Exchange (IDE), Yoram Dvash sat down with Rough & Polished to discuss his achievements during his first period in office, and plans for the second term following his...

04 january 2018

Eurasian Diamond Center should bring profit and open new prospects and opportunities for all its players

The ALROSA affiliate in Vladivostok established in 2016 was headed by Alexey Ivanov about half a year ago. He was charged with the responsibility for developing business on the company's Far Eastern platform and attracting new customers to the Eurasian...

25 december 2017

NDTC to supply rough worth about $400 m this year

The Namibia Diamond Trading Company (NDTC), a joint venture between the Namibian government and De Beers, said it expects to supply rough diamonds worth $390 million this year. The diamond trader, which has 11 sightholders, had a fixed supply...

18 december 2017

ALROSA announces an open contest for projects to resume production at the Mir diamond field

12 january 2018

ALROSA, the world’s leader in diamond mining by volume, has announced an open contest for projects to resume mining operations at the Mir diamond field. The authors of the best project will receive a reward of 1.5 million rubles, while the total prize fund of the contest exceeds 3 million rubles.

The notice of the contest is posted on the miner’s corporate website and will soon be published in the media. Applications for participation in the contest will be accepted until January 29, 2018. The authors of the applications that will pass the initial selection will have access to additional information about the Mir diamond field for developing a detailed project for the contest. The contest results will be announced on March 21, 2018.

"Our goal is to attract a wide range of specialized organizations, scientists and specialists to develop solutions able to facilitate the resumption of mining operations at the Mir diamond field. We plan to identify promising technical and technological solutions for the safe development of the Mir diamond pipe to the full depth of explored reserves and analyze proposals for their economic feasibility and practical implementation," said Andrey Zelberg, Director of the Yakutniproalmaz Institute, which is the organizer of the contest.

The contest will accept and consider projects and individual technical solutions in the following areas:

• Mining system for the deposit and the order of completing its development
• Eliminating the consequences of the accident
• Ensuring the safety of mining operations to recover the remaining diamond reserves
• Organizing the monitoring of safe mining operations at the field
• Eliminating the water body in the mine’s open pit

The participants of the contest must prove the possibility of implementing the technical solutions that they offer, their economic and environmental effectiveness. In addition, the projects should take into account the existing geological and mining conditions at the Mir diamond field.

Based on the results of the contest, the best technical solution or the best set of solutions will be identified, which will be used in the development of a concept for resuming mining operations at the Mir diamond field. This concept will form the basis of a technological regulation and technical project for safe and cost-effective development of the Mir diamond field reserves.

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