Adamas BSU, a Belarusian state unitary enterprise, is the world’s biggest manufacturer of synthetic diamonds, both rough and polished. The company’s products are used in various fields of engineering, electronics, medicine and jewelry business. Diamond mono crystals are grown in 120 synthesis apparatus by the BARS technique. These installations allow not only growing diamonds, but optimizing quality characteristics (color in the first place) of both synthetic and natural crystals. Vladimir Fedorchenko, Deputy Marketing Director of Adamas BSU, answers the questions put by the correspondent of Rough&Polished.
Roni Stschik is one of the most unusual persons in the jewelry industry, since he is the most diversified professional, being the cutter and goldsmith, process man and innovating inventor, designer and manager of a young, but already famous company named Majestic Jewelry Ltd. Roni belongs to the third generation of diamantaires and inherited not only his family’s love for work with diamonds, but creativity. Jokingly he says that his company registers more patents than any other in Israel.
The Krasnoyarsk Non-Ferrous Metals Plant named after V.N. Gulidov is the world’s only manufacturer, which takes all the existing types of raw minerals to process them into eight precious metals: platinum, palladium, rhodium, iridium, ruthenium, osmium, as well as gold and silver. OAO Krastsvetmet refines about 50% of Russia’s gold and 98% of platinoids. The company’s outlook is described by its General Manager Igor Tikhov.
Her last name meaning “exemplary” suits her as no one else: the artist fanatically devoted to music, the singer for whom her profession is her passion and the paramount sense of life, the magnetic personality, Elena Obraztsova is the first Russian singer who received the status of a legend of the world vocal.The LUZA Company intends to invest over $15 million in the nearest three years
In the nearest three years, ESCOM GTD of the Espirito Santo Group will expand its activities in services, logistics and support of companies belonging to the diamond-mining industry. The company intends to invest more than 15 million dollars for these purposes.
According to the declaration made by General Manager of ESCOM GDT Emiliano Tavares, the investments will permit to provide the best kind of support in logistics to various diamond-mining enterprises by signing contracts with his company. As it was declared, ESCOM GDT has a trade turnover estimated at 30 million dollars per year. During a brief time span, the company managed to recover the invested capital. Due to its reliability and serious business approach, the company is successful in attracting many partners. In this context, the general manager points to his company’s partnership ties with the Mining Society of Camatchia-Camagico (Luo) in terms of the concessionary contract for developing and mining diamonds. The Luo Project located between the towns of Lucapa and Saurimo is expected to have 400 million dollars worth of investments creating 1,200 jobs. ESCOM and ALROSA are shareholders within this project having 45% of the stock, while ENDIAMA, HIPERGESTA and ANGODIAM hold a 55% interest in the capital.
The development of the Luo Project, with its first stage already completed, facilitated the construction of a pilot dressing factory whose production capacity permits to process up to one million tons of rock a year. This project was launched in 2005 employing 800 people.
Emiliano Tavares stressed that the Luo Project would build up its processing capacity from six to seven million tons of rock per year in the nearest time. According to the company CEO’s opinion, this project is the most important one in Angola and by all appearances it is among the 10 most prominent projects in the world. Besides Luo, ESCOM has its share in the Chimbongo Project also located in the Lunda-Norte Province. The project is pegged to developing alluvial fields on the area of 120 square kilometers and by initial estimates its total reserves amount to one million carats on both banks of the Luembe River and in its steambed.
The Chimbongo Project started in 2002 reaching a 100,000 carat output last year. Meanwhile, the investments into the Chimbongo Project reached about 20 million dollars with Coerm (52.5%) č ESCOM Mining (47.5%) being its shareholders. ESCOM entered into strategic partnership agreements with BHP Billiton Angola to develop their future opportunities jointly.
MINING COMPANY INVESTS $60 MILLION INTO EXPLORATION AND DEVELOPMENT
From 2006, BHP Billiton Angola invested over 60 million dollars into diamond exploration, said Augusto Paulino Netto, the company’s CEO.
The investments will grow significantly in the nearest years depending on the results reached at different phases and stages of exploration. If samples taken to laboratories will produce positive analyses, BHP Billiton may go over to the next phases and stages of development. The projects are currently at their initial phase. It was the first time this company took part in the second edition of the International Mining Fair (FIMA); its projects already gave jobs to 260 people with 300 more employed implicitly.
In 2007, Luboia, an Angolan jewelry company, sold over one million dollars worth of diamond jewelry. The profit was gained due to investments, which exceeded one million dollars. This information was shared by the company’s director Tania Oliveira at the Angolan International Mining Fair (FIMA). The company’s chief added that these funds had been used to buy raw materials and jewelry, while some part was allocated for the repair of company facilities, mainly for two jewelry stores in Luanda, which sold factory-made jewelry.
To her view, this year’s profit may rise due to increased investments.
One of Luboia’s targets is to open two more stores selling jewelry in the capital, as well as trade expansion into inner provinces of the country.
To attract more buyers, Luboia is using state-of-the-art technology to manufacture jewelry and complies with the international standards in making their products.
To be successful in business, the company’s CEO continues to stake on advanced vocational training and continuous education of her personnel.
In Tania Oliveira’s opinion, business internationalization is first of all going through winning one’s national market, where a heightened role of the buyer serves a cornerstone in achieving success by the company.
Luboia, which is a jewelry trading company, emerged on the Angolan market over one year ago.
CUTTING FACTORY
The Angola Polishing Diamonds Factory is located in the settlement of Talatona south of Luanda. The investments into the factory are estimated at 10 million dollars. The installed capacity gives an opportunity to employ 600 people. The factory has 12 divisions, including a manual polishing workshop, an automatic polishing workshop and a cutting workshop. Polishing Diamonds is equipped with most up-to-date technology in the field of cutting. The factory’s capacity permits to process up to 20 million dollars worth of diamonds in a month and 240 million in a year.
The new enterprise emerged owing to the joint venture, which includes the Angolan Diamond Trading Society (SODIAM), an ENDIAMA’s affiliate; LLD Diamonds owned by Lev Leviev, the biggest diamond cutter in the world; and Progem, a local consortium.
ALROSA
ALROSA is a Russian company producing 97% of diamonds in Russia and 25% in the world. The company is also engaged in diamond cutting and turns out polished diamonds, which gives it an opportunity to study demand trends on the jewelry market. In Angola, this company in team with ENDIAMA is taking part in the operation of the Catoca and Luo-Camatchia-Camagico mining companies. These are the biggest Angolan enterprises, whose annual output of diamonds exceeds 400 million dollars. In 2006, there were sold 2.86 million dollars worth of polished diamonds. ALROSA has put into operation a hydro-electric power station on the Shikapa River to provide electric power for factories and populated localities in this area. ALROSA-VNESHSTROY is another company working in Angola and engaged in geologic exploration aimed at discovery of oil and natural gas fields.
Luanda - Moscow
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