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Pavel Vinikhin: ALROSA will make a worthy contribution to the revival of the ‘Russian Cut’ Brand

ALROSA is known as the largest diamond mining company throughout the world. However, not everyone is aware that it has its own diamond-cutting division. For a long time, the activity of DIAMONDS ALROSA remained in the shadows, only occasionally attracting...

16 october 2017

William Lamb: Lucara now knows best routes to market large stones

Lucara Diamond recently announced that Graff Diamonds had bought its 1,109 carat diamond Lesedi La Rona for $53 million. The stone, which is the world’s second largest diamond found since the discovery of the 3,106-carat Cullinan diamond in 1905, failed...

09 october 2017

GSI was the first in the world to begin testing of smaller size diamonds in bulk and has never looked back since - Mark Gershburg

With more than 30 years of experience in the gem lab sector under his belt, Mark Gershburg is an industry veteran widely popular in the global gem and jewelry industry. He began his career in 1980 as a grader but his professionalism, creativity, and...

02 october 2017

Gaetano Cavalieri: Over the long term, demand for diamonds is likely to grow at a steady pace

The World Jewellery Confederation (CIBJO) represents the entire jewelry industry embracing a whole variety of companies, from those mining precious metals and gems to those, which are manufacturing and selling final products. The confederation...

25 september 2017

“I am bullish on the future of the diamond business. Three reasons for this optimism... new discoveries, extending mine life and the increasing demand for diamonds”, says Martin Leake

Martin Leake is a PhD exploration geologist and Six Sigma black belt who has been involved in the rough diamond market since 2004. He worked for BHP Billiton for 22 years and recently left Grib Diamonds where he helped set up a world-class marketing...

18 september 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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