The Grib Diamond Mine: Geology, Ecology and Industrial Safety

Gennady Piven, First Deputy General Manager of AGD Diamonds JSC, talks about his work at the diamond fields in Yakutia and in the Arkhangelsk Province.

Yesterday

I have a dream to see India become a world leader in high-end jewellery manufacturing - Sanjay Kothari

An industry leader who needs no introduction to the gem and jewellery industry is Sanjay Kothari…the former chairman of the GJEPC of India has held various positions in the Council including being Convener-Exhibitions for many years before becoming Convener-Promotions...

03 december 2018

Style always reflects culture

Reena Ahluwalia is a multifaceted artist …an award-winning jewelry designer, diamond painter, professor, speaker and a community builder and more. Recognized as one of the Top Masters of Jewelry Design and art in Canada, she has been creating jewelry...

26 november 2018

Botswana Diamonds’ Campbell on Alrosa exit: no exploration JV lasts forever

Botswana Diamonds is currently in talks with a major diamond producer interested in taking over a stake in Sunland Minerals previously owned by Alrosa. The Sunland joint venture was established in 2014 to test existing Alrosa exploration technology on...

19 november 2018

If real gems are replaced by artificial stones, it is not the difference in value that sellers may cheat you out, but the very idea that you are to obtain along with a jewelry piece made from a genuine stone

Elena Titova is the Director of the All-Russian Decorative Art Museum. The museum, which she heads, was founded fairly recently (less than 40 years ago), but it is one of the most popular and stylish museums of Moscow, famous, among other things...

12 november 2018

Lie detector: Russian scientists invent the instruments to fight against polished diamond fraudsters

Yesterday

Detectors enabling to distinguish between natural rough and polished diamonds and synthetic ones appeared in Russia. This shows the joint efforts of the Russian diamond miners, scientists and jewelers to stand against the inflow of synthetic diamonds. Notwithstanding that the price for the detectors is high today, their manufacturers promise to offer more affordable ones to the jewellery community and consumers next year.

The "Jubilee" Speeches

03 december 2018

The renewed “long-term” strategy of ALROSA for 2018-2024 gave rise to a lively discussion, which was pro-actively joined by the CEO of ALROSA itself. The key issue was the lack of any plans among the company's management to restore the flooded underground Mir mine. Sergey Ivanov Jr., having called nonsense the opinion of "some" analysts, who drew attention to the fact that the published version of ALROSA’s Strategy does not provide for the restoration of Mir, clarified that as soon as such a project is agreed, it will immediately appear in the same Strategy.

The use of the Gokhran diamonds in industry: a myth or truth?

26 november 2018

The statement about the use of the Gokhran polished diamonds in the USSR industry as industrial diamonds was very common in the specialist literature. For example, “The attempts to set up a regular legal import of diamonds failed: in the climate of military and political confrontation between the USSR and Western countries and the subsequent ‘cold war’, foreign diamond suppliers, first of all De Beers, refused to trade with the USSR. The Gokhran polished diamonds were the other source of diamond tools: the stones were removed from the confiscated jewellery pieces and then recut.” ‘Failed attempts’ to import legally were just a tribute to the industry legend, the archive documents confirm that the USSR, in fact, did not have the slightest problems in importing industrial diamonds. And the issue of the Gokhran polished diamonds requires further study as there were cases of their industrial use.

The tobacco is excellent. The pipe of peace is put out.

19 november 2018

"We lit the pipe of peace. The tobacco is excellent." Actually, the establishment of the Soviet diamond mining industry started with this coded telegram sent by the geologists who discovered a primary diamond deposit in Yakutia. For the diamond industry of the Soviet Union and that of Russia, the legendary kimberlite pipe named Mir (which means ‘peace’ in Russian) is the same as the Vostok spaceship for the Russian cosmonautics. Mir is the first primary diamond field launched into commercial operation. The largest diamond in Russia was unearthed at Mir. The Mir open quarry is visible from space. The City of Mirny, which is the capital of Russia’s diamond province, grew around the Mir mine. Mir earned tens of billions of dollars for the country and became a world-famous mining engineering facility. The underground mine of the same name was launched in 2009 in the presence of Vladimir Putin. The mine was flooded in 2017 as a result of a technogenic catastrophe, taking away the lives of several miners.

Second-hand diamonds and the last retreat of the Wild West in the diamond pipeline

12 november 2018

Diamonds are forever, but the term of their ownership is limited, and not only for physiological reasons. More than $ 80 billion worth of diamond jewelry is sold every year across the world. Some part of this jewelry is returned by buyers to vendors in the same year they purchase it. The reasons may include a break in relationships, a change in fashion, preferences or urgent need for money. Even if only 5% or at least 1% is returned, this is a lot. And how many diamond jewelry pieces were sold 20 or 30 years ago and how many of them are stored in jewel boxes and safes for 100 years? According to Blue Nile estimates, the total value of jewelry goods held by consumers exceeds $ 1 trillion, and the annual volume of the secondary diamond jewelry market is estimated at billions of dollars. In this huge sector, dominated by pawnshops, there is still no satisfactory solution for people who want to sell their diamonds and jewelry. Clients traditionally experience stress and face opaque pricing.

On the motives to establish the diamond industry in the USSR

06 november 2018

The overwhelming majority of the historians in Russia and abroad consider that the Soviet diamond industry was established mainly to overcome the dependence of the USSR on the import of industrial diamonds. Prior to the onset of the Yakutian fields development in 1957, the Soviet industry – first of all, the defence one - supposedly incurred persistent deficit in the industrial diamonds and diamond tools, that worsened due to the constant threat of a diamond embargo that was really imposed by the West in 1950 (according to some opinions, in 1938). Severe ‘diamond shortages’ suffered by the booming Soviet industry was the reason for the development of the diamond geology in the USSR, the discovery and development of the Ural and – later on – the Yakutian diamond deposits. No need to give references because this thesis is self-evident practically to all the authors who study the history of the Russian diamond industry and the same has been repeated in various ways in hundreds publications of the past half century. This motive to establish the diamond industry in the USSR has been for a long time and - unfortunately - remains to be a basis to explain the major events in the Soviet diamond saga and to make their logical relationships, all the key facts and dates of the Soviet rough and polished diamond sector were based on it. Alas, this motive is a false one. And the historical studies vector set by this motive leads to a blind alley full of unresolved contradictions that make both the right interpretation and the search for new data impossible.

Angola's diamond sector: expectations of a miracle and growth pains

29 october 2018

The change of political leadership in Angola has generated justified hopes that the closed club of diamond beneficiaries of this country is transforming into a rough sales system more “accessible” for the market. The eagerness not to miss this lucky break made many diamantaires buy tickets to Luanda and heated up their commercial interest towards the Angolan diamond industry.

Diamond industry of Botswana, its current state and prospects

15 october 2018

Botswana has a rich source of rough diamonds. The country’s diamond reserves reach about 340 million carats, while its resources (including reserves) exceed 905 million carats. The country is consistently among the world’s three largest diamond producers by volume and value. In 2017, Botswana produced almost 23 million carats of diamonds (the third-largest result after Russia and Canada) to the amount of $ 3.329 billion (ranking second to Russia). Virtually all diamonds in the country are mined by Debswana, which is owned in equal parts by the Botswana government and De Beers, part of the Anglo American Group.

Pink Legacy goes on tour like Lesedi, but will it sparkle at the Geneva auction?

08 october 2018

A fancy vivid pink diamond weighing 18.96 carats, which was once part of the Oppenheimer collection, is set to go on a tour ahead of the Geneva auction on 13 November.

Russian diamond manufacturing - Escape from the past

01 october 2018

The Russian diamond cutting industry used to produce and is still producing impeccable samples of its business. Created in the first half of the 1960s by order of Soviet Prime Minister Alexey Kosygin, the diamond manufacturing industry - the future network of Kristall factories - was to solve the problem of using diamonds in consumer goods, which seemed to be a bourgeois relic a short time ago. Diamonds and jewelry were not on the list of priority needs of the Soviet man and were mainly exported in order to increase the country’s foreign exchange earnings. From the very first days of its existence, the brand of domestic diamond manufacturing symbolized the highest standards of quality. In many ways this was due to the peculiarities of the production process. Soviet diamond cutters, unlike their counterparts in other countries, were limited not by the yield ratio, but by the precise execution of a technical assignment, i.e. by the quality of cutting and polishing. Diamond cutters tried to provide ideal shapes for diamonds, often without regard for losses, which seemed inconceivable to their counterparts in Israel or Belgium.

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