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

Zim diamonds for Russian fuel

04 february 2020

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Image credit: Tatneft


(theindependent.co.zw) – Russia’s state-owned petroleum and gas company Tatneft is eyeing Zimbabwe’s diamonds in a murky fuel-for-gems deal, which desperate officials in Harare believe will ease the acute shortage of the commodity, the Zimbabwe Independent can report. Established by the Russian Ministry of Energy in 1950, Tatneft is that country’s sixth largest fuel firm. In 2018, it produced 29,5 million tonnes of fuel. Zimbabwe is in the throes of an intractable economic crisis and is experiencing severe fuel shortages compounded by an acute foreign currency shortage.