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SA’s Vutomi project can start production end of 2018 – John Teeling

Botswana Diamonds entered into an option and earn-in agreement with Vutomi Mining and Razorbill Properties, a private diamond exploration and development firm in South Africa last February. It agreed to pay Vutomi a total of £942,000 in cash, of which...

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Proximity doesn’t matter, your pocket does: Tanzanians interested in tanzanite jewellery can testify

Tanzanite, a rare blue/purple gem, was discovered in the Merarani Hills of Manyara Region in northern Tanzania in 1967, a few miles from Arusha and Mount Kilimanjaro. It is used as a gemstone and of late Tanzanians are manufacturing quality jewellery...

19 june 2017

Global demand for polished diamonds will remain steady – Ali Pastorini

Ali Pastorini, senior vice-president of the World Jewelry Hub, answered questions from Rough & Polished concerning the world diamond market, preferences of consumers and role of bank crediting.

13 june 2017

Eternal values in Malaya Bronnaya Street

The assay supervision in Russia is 317 years old. Much younger is the Moscow Gemological Certification Centre (MGCC) established under the Assay Chamber and located in the same ancient respectable mansion at 18, Malaya Bronnaya Street. The MGCC employees’...

05 june 2017

Diamonds will have the greatest potential in 2017

Mumbai-based Rajesh Bhagat, India Consultant of Hong Kong Trade Development Council (HKTDC) who oversees HKTDC’s operations across India, Sri Lanka and Bangladesh, has been assisting companies, particularly small and medium enterprises (SMEs) in the...

29 may 2017

Trutnev: Russia Will Establish a Diamond Exchange

17 march 2014

At the latest meeting on the issues of diamond industry development held in Yakutia Deputy Prime Minister and Plenipotentiary Representative of the President at the Far East Federal District of Russia Yury Trutnev announced instructions to work out establishment of a diamond exchange in Russia, Rossijskaya Gazeta reported.
Attendees of the meeting, featuring president of the Republic of Sakha Egor Borisov, senior officials of Ministry on Far East Development, representatives of AK ALROSA, federal and regional agencies, and business community, discussed financial and economic position of ALROSA.
According to Yury Trutnev, the company is the leader in both Russian and global diamond industry and it should make a point of economic and social policy.
Trutnev charged the Ministry of the Far East Development in cooperation with ALROSA and the Government of the Republic of Sakha with preparation of proposals for creation of balanced and comprehensive development strategy including implementation of social projects: construction of housing facilities, job creation, construction and maintenance of communal and social infrastructure.
According to Trutnev, diamond cutting and jewellery industry shall become growth areas of the republic.
“Natural riches of our country shall be processed within the country and we shall contribute to extended value addition on the territory of Russia,” – Trutnev noted.

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