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The Pope, Corals and Diamonds

The best present from Dalmatia is a jewelry piece containing unique - pink and orange - Mediterranean corals, which are very expensive, especially if accompanied by diamonds, like the ones created by Dubrobnik’s well-known jeweler Branco Mazareckich, whose jewelry is bought by VIP customers visiting Croatia.


Russian Jewelers Should Seek Inspiration In Their Great National Heritage

The Russian International Konstantinovsky Charitable Fund recently purchased a significant part of the legendary collection of theater costume and stage designs belonging to Prince Nikita D. Lobanov-Rostovsky. A large part of the collection is composed of masterpieces of Russian avant-garde. The purchase was first exhibited on September 24th of 2008 at the St. Petersburg Theatre Museum. The collection will be kept in Saint Petersburg. Vladimir Kozhin, the head of the Department of Property of the President of Russian Federation, has officially announced that in 2-3 years time the collection will be permanently housed in the “Star Way” Congress Center near the presidential residence of the Konstantinovsky Palace in Strelna. However, not so many people know that among other things Nikita Lobanov-Rostovsky was a geologist and had to do with the diamond business for two decades. He talked about this side of his activities to our correspondent Vladimir Teslenko.


“Yakut Diamonds” as a Notion Will Survive the Epoch of Crisis

Vasily Vlasov, Chairman of the Diamond Council at the President of the Republic of Sakha (Yakutia) answers the questions asked by Rough & Polished. For a long time, Vasily Vlasov, Ph.D., occupied top executive positions in the diamond industry and in the administration of Yakutia and in 1998-2002 he headed the government of this republic.


The Crisis Has its Time-Frame
The main factor determining the current state of the diamond market is the global financial crisis. The situation on the leading financial and stock exchanges is still fairly dramatic. The labour markets in the US, Europe and Japan are also not in the best shape. Under these circumstances the availability of credit for diamond market players has declined drastically.





Angola Diamond output to exceed 10 mln. cts this year

21.11.2008

Production of diamonds in Angola is expected to exceed the 10 million carats and provide revenue over USD1.4 billion against the 9.7 million carats and USD1.3 billion dollars produced and obtained respectively last year. 
The director of Strategic Planning and Investments National Diamonds Company (Endiama), Tiago Dias, who was in Japan recently said his company was interested bringing Japanese investors on board. 
The Komatsu and Hitachi, two Japanese companies with great traditions in the construction of equipment widely used in diamond industry and in the process of demining, respectively, may establish in the near future contracts for the supply of equipment to the country. 
Tiago Dias said the fact that Angola was a country rich in diamonds and occupy third place in the production of diamonds on the continent, after South Africa and Botswana, served as collateral for the Japanese’s investment in the country. 

Claudia Pereira, Rough&Polished from Angola

Rough&Polished

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