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Vallabhbhai Shamjibhai Patel tells about the ongoing construction of the Surat Diamond Bourse

The under-construction Surat Diamond Bourse (SDB) is India's second diamond trading hub based at Surat, Gujarat, spread across 35.54 acres with more than 4,000 offices for national & international traders. On the onset, the project which...

Yesterday

The strategy of regulating the Russian jewellery industry

At the General Meeting of the Russian Jewellers Guild Association held in April, two principally important documents were adopted: The Strategy of Regulating the Jewellery Industry of Russia and The Charter of a Good Faith Taxpayer. Besides, the issues...

13 june 2018

Our first priority is to better understand artisanal and small-scale mining - Elodie Daguzan

The Diamond Development Initiative (DDI), the organization dealing with the traditional diamond mining, recently announced the appointment of Élodie Daguzan as its first Goodwill Ambassador. Ms. Daguzan, who currently works as head of communication...

04 june 2018

Zimnisky on De Beers’ Lightbox: It’s a strategic, bold move that will benefit the entire natural diamond industry

De Beers shocked all and sundry end of May when it announced the launch of a new company called Lightbox Jewelry, which will market a new brand of laboratory-grown diamond jewellery in September. This effectively meant that the group had departed from...

01 june 2018

Tracking the provenance and lifecycle of a product is a natural and necessary evolution in our industry

A senior executive with a demonstrated history of working globally at management and board levels, Marcus ter Haar has been the Managing Director at Okavango Diamond Company (ODC), Botswana for about 10 months now, prior to which he held the...

28 may 2018

ALROSA CEO meets the Chair of the Kimberley Process

17 may 2018
ALROSA CEO Sergey Ivanov held a business meeting with the Chair of the Kimberley Process (KP) Hilde Hardeman during her visit to Moscow.
At the business meeting, Ms. Hardeman and Mr. Ivanov discussed the agenda of the European Union's (EU) chairmanship in the KP in 2018, prospects of the further development of the KP and the improvement of the KP Certification Scheme. They brought up the ongoing reform of the organization including such areas as the establishment of a permanent KP Secretariat, the update of the Core Document and the strengthening of the Peer review mechanism. The position of the world diamond industry represented by the World Diamond Council (WDC) on these matters was formulated with ALROSA’s active participation. The parties also discussed countering the illegal penetration of synthetic diamonds to the market and setting distinction between the markets of rough diamonds and synthetic stones. During her trip, Ms. Hardeman also visited ALROSA facilities in Moscow.
Ms. Hilde Hardeman represents the EU, which is the Chair of the Kimberley Process this year. Under the KP rules, the chairmanship is rotated annually.
The Kimberley Process is a permanently active multinational conference aimed at excluding conflict diamonds from international trade channels. The Russian Federation joined the Kimberley Process in July 2000 and since then has been an active participant in its operations. The Ministry of Finance of Russia is the governing executive body in Russia that determines the country's policies within the KP.
ALROSA participates in KP's work as part of the WDC's delegation, the uniform representative of the industry with the Observer status. ALROSA has been a permanent member of the WDC's Board of Directors since the establishment of the organization in 2000.

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