ALROSA unearths a yellow 17.4 ct diamond at its new Verkhne-Munskoye deposit

ALROSA has recovered a 17.44-carat diamond at the Verkhne-Munskoye deposit for the first time since the beginning of its operations.

Yesterday

Star Diamond provides update regarding option to JV with Rio Tinto Exploration Canada Inc.

Star Diamond Corporation announced that, following a review conducted by Star Diamond’s special committee with assistance from the special committee’s independent legal counsel, Star Diamond has notified Rio Tinto Exploration Canada Inc. (RTEC)...

Yesterday

Sergey Eroshkin appointed new CEO of Bourevestnik

Sergey Eroshkin will become the new CEO of the Bourevestnik Innovation Center, ALROSA subsidiary, effective from February 15, 2020.

Yesterday

Star Rays aspires to become India’s first carbon-neutral diamond company

Indian diamond manufacturer Star Rays may be the first India’s first carbon-neutral diamond company in the country, because of its commitment to sustainable business practices.

Yesterday

Young Indians embrace platinum as a symbol of modern love and self-expression

While traditionally a market for gold jewellery, India has developed a strong appetite for platinum over the past decade.

Yesterday

Following Exposé, De Grisogono Files for Bankruptcy

31 january 2020

expert_31012020_de_grisogono.png
Image credit: de Grisogono

(jckonline.com) - High-end jeweler de Grisogono has filed for bankruptcy in Switzerland, shortly after reports linked it to shell companies controlled by Isabel dos Santos, the daughter of Angola’s former president, and her husband, Sindika Dokolo. In a statement, the company told JCK that it has been up for sale for “several months now. “Despite important progress, the transaction did not go through,” it said. “Without financial support from the current shareholders and without a new investor, unfortunately, the company cannot continue as a going concern.” If the court approves its filing, all of its 65 Swiss employees will be dismissed, it said.