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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...

Today

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’s CEO transfers his salary to the flood affected in Yakutia

01 june 2018
ALROSA’s CEO Sergey Ivanov has transferred his month’s salary to a special account to raise funds for the victims of a large-scale flood in the Republic of Sakha (Yakutia).
“Of course, this sum will only cover the smallest part of the needs of those affected by the flood. But thus I expect to attract attention of other people to this difficult situation, in which thousands of citizens of the Republic found themselves. I really hope that together we will be able to make contribution to support the victims of the flood,” said Sergey Ivanov.
Previously the management of ALROSA claimed that they were ready to help the citizens of the Republic of Sakha (Yakutia), affected by the large-scale flood. The company is in constant contact with the operational headquarters, preparing the material to be sent in the flooded communities. The company also regards the opportunity of providing some material support to the families, which were affected the most by the flood.
As a result of the spring flood, which is lasting for about three weeks in Yakutia, more than 40 communities were affected. 1.3 thousand houses residing more than a thousand of people were flooded as well as dozens of socially significant objects. The roads, supporting structures and transmission lines are damaged. The total cost of the damage is over 1.1 bn rubles.

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