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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...

18 june 2018

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

Directives to state representatives at VTB and ALROSA will be approved by Dmitry Medvedev

01 june 2018
The Russian government has ordered to determine the procedure for the approval of directives to state representatives sitting on the Supervisory Boards of VTB and ALROSA. They will be approved by Prime Minister Dmitry Medvedev, the Interfax news agency reported.
According to the government decree, such directives are to be approved by the first deputy prime minister in case a deputy prime minister is elected to the board of directors of a company included on one of the lists of entities supervised by the sate. At the moment, this position is occupied by Anton Siluanov. If the first deputy prime minister is elected to seat on the board of directors of such a company, government directives will be approved by the prime minister, Interfax said.
Anton Siluanov is the chairman of the supervisory boards at VTB and ALROSA, which are on the above-mentioned lists and therefore, according to the new order, government directives addressed to these companies will be approved by Dmitry Medvedev.

Victoria Quiri, Rough&Polished

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