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01.09.2014
Silver Promotion Service can and should become the "Amazon" for silver jewelry – Michael Barlerin
michael_barlerin_preview.jpgSilver jewelry sales in the U.S. saw a significant increase over the last year, according to a survey recently conducted for the Silver Institute’s Silver Promotion Service (SPS) in the United States. The average increase in 2013 for silver jewelry sales was 17%, findings from the survey showed. The Silver Promotion Service is the jewelry industry’s organization for silver, with a potential to become the "Amazon" for silver jewelry. SPS Director Michael Barlerin discusses the latest trends and shares his vision for silver jewelry in an exclusive interview with Rough&Polished.

25.08.2014
Botswana Diamonds salutes JV partner Alrosa as ‘top’ targets drilling commences Sept
Botswana Diamonds said its Sunland joint venture with the Russian diamond giant, Alrosa is proving to be fruitful. Company chairperson John Teeling told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that their strategy in Orapa, Botswana would have been different had they not partnered with the Russians. He also said that apart from its partnership with Alrosa, Botswana Diamonds believed that it was operating in the right area. Teeling noted that they had “excellent” indications that there are undiscovered kimberlites in Orapa.

18.08.2014
Diamonds as a Commodity? Not a Problem - Sians Mussa
sians_mussa_preview.jpgSians Mussa is President of the Italian Diamond Bourse. He began his career as diamond dealer in 1969. The Sians family has been active in the Diamond industry for 3 generations and has offices in Milan, Rome, Valenza, Tel Aviv and New York. President Sians currently works in his Italian office together with his two sons, David and Doni. President Sians discussed with Rough&Polished the role of diamond bourses, what diamond represents in modern society, and the status of the Italian jewellery industry.





Arkhangelskgeoldobycha will start development of Grib diamond pipe in 2013

14.04.2011

Subsidiary of oil company LUKOIL OJSC Arkhangelskgeoldobycha (AGD) plans to recover 58 million carats of diamonds during the first 16 years of development of Grib pipe diamond deposit, Finmarket agency reported citing a statement released by press office of the Government of the Arkhangelsk Region. Within the above period Arkhangelskgeoldobycha will conduct open-pit mining activities which are expected to start at the end of 2013. Total diamond reserves of Grib diamond pipe are estimated at 98.5 million carats.
Grib diamond pipe is located at the south edge of Verkhotina field, which saw geologic exploration works conducted till the end of 2009, in compliance with the license. Exploration was effected in partnership with French Foraco which signed a contract for drilling of large-size wells for adjustment of quality and quantity of diamond reserves.
It was previously expected that AGD will recover first commercial gems at Grib pipe in 2015.
Mining and processing complex to be constructed at diamond pipe will have capacity to process 4.5 million tonnes of ore per year. The life span of the pipe amounts to 25 – 35 years and depends on the method of development.
Vice President of LUKOIL Leonid Fedun announced that previously mineable diamond reserves of the deposit were estimated at $6.5 billion while later the valuation was adjusted to $11 billion.

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