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Ali Pastorini: Selling just the idea of glamour is no longer enough

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 1000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

21 may 2018

Diamonds are shifting from occasional to daily wear

Joy Alukkas started his first jewellery showroom in UAE in the year 1987, and today the Joyalukkas Group is a multi-billion global conglomerate with varied business interests. Beginning with a single jewellery room in Abu Dhabi, Joy Alukkas has grown...

14 may 2018

GJC has played a crucial role in the last 10 years in improving the compliance level in the industry

Coming from a renowned family of jewellers based in Akola, Maharashtra, Nitin Khandelwal heads Khandelwal Jewellers (Akola) Pvt Ltd. He has interests in the Plastic industry, Real estate, Health & Recreation and Cold storage industries as well...

07 may 2018

Johnson: ASM diamond sector a potential new source of supply for De Beers

De Beers recently said that it is planning to pilot a programme called GemFair that will create a “secure and transparent route” to market for ethically-sourced artisanal and small-scale mined (ASM) diamonds. GemFair would partner with the Diamond...

03 may 2018

Zimnisky: Hard to protect lab-diamond price as production methods, economics improve

Paul Zimnisky, an independent diamond industry analyst and consultant, said it will be very difficult for the lab-diamond manufactures to protect price as production processes and economics improve. He told Rough & Polished’s Mathew Nyaungwa in an exclusive...

23 april 2018

Bourevestnik Inc. launches new production facility

13 february 2018
The scientific and industrial enterprise Bourevestnik Inc., a subsidiary of ALROSA Group, has completed the construction of its own production facility for diamond ore processing equipment at the St. Petersburg's Special Economic Zone, Kommersant reports.
The cost of the facility amounted to 1.9 billion rubles, its commissioning is scheduled for April 2018. Meanwhile, construction of the site was completed late.
The existing capacities of Bourevestnik will be transferred to the new production facility from Malookhtinsky Prospekt in St. Petersburg. According to the company, it plans to sell equipment worth 1.3 billion rubles in 2018. The maximum capacity of the new plant in the SEZ in monetary terms is 2.8 billion rubles a year, to be reached by 2022, press service of ALROSA told Kommersant. Analysts say that Bourevestnik will not experience any problems with the sale of its products given that it is a subsidiary of the world leader in diamond mining.
Bourevestnik to both ALROSA and other major diamond producers. At the end of January, it was reported that it supplied and commissioned a set of 27 X-ray luminescence sorters at the new recovery plant of the Cullinan mine in South Africa owned by Petra Diamonds. Analytical instruments produced by Bourevestnik are exported to the UAE, Indonesia and Singapore.

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