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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

ALROSA to allocate additional 105 mn roubles for the rehabilitation of Mirny over three years

04 june 2018
ALROSA intends to allocate additional 105 mn roubles in 2019-2021 to pave the roads with asphalt and do other rehabilitation works in the capital of the diamond region. The decision was taken following the request of the Head of the Administration of Mirny District, Rishat Yuzmkhametov. 
According to ALROSA’s CEO Sergey Ivanov, additional funds will be included in the budget of the company, which is being approved by the Supervisory Board. He also recalled that ALROSA provides non-repayable assistance to the city and Mirny District on a regular basis. Thus, in 2018 the company will allocate more than 420 mn roubles to the municipalities and local budgetary institutions. 

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