The indelicate balance of ethics against profit

I am slightly pained to write this blog, as over the years I've made many close friends and contacts in Switzerland, not to mention worked very closely with several Swiss-based companies as part of our recently launched DMCC Crypto Centre, including...

Yesterday

Yakut diamonds, the symphony of permafrost

The Yakutia-based Kierge company, one of the Top 100 of the leading jewellery brands in Russia, opened its showroom in Moscow this autumn, which is gaining popularity in the capital of Russia. “Kierge” is the Yakut for a “finery, decoration” in a broad...

22 november 2021

Vladislav Zhdanov - “The use of diamonds in high technologies is the main and key target of the diamond synthesis technologies”

Vladislav Zhdanov, Professor at the Higher School of Economics, Advisor to Director General - Chairman of the Management Board of the Russian Railways company, and former Vice President of ALROSA (2015-2018). He is a physicist by background...

15 november 2021

Ali Pastorini: The white diamond is the equivalent of a white shirt for a woman

Ali Pastorini is the co-owner of Del Lima Jewelry and President of Mujeres Brillantes, an association that brings together more than 1,000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

08 november 2021

“As a purist and old school diamantaire, I don't believe in LGD,” says Vin Lee, CEO Grand Metropolitan

Vin Lee, the King of Luxury, doesn’t need any introduction. He is a self-made billionaire CEO of Grand Metropolitan. The Beverly Hills' family office Grand Metropolitan is $7 billion AUM privately-held luxury goods holding company with a 60-brand...

01 november 2021

ALROSA kicks off Investment Diamonds Project

11 november 2016
Andrey Zharkov, President of ALROSA (PJSC), the world’s largest diamond miner by volume in carats, approved the plan of actions to implement the company’s Investment Diamonds Project.
Currently, ALROSA is completing procedures to systematize its internal document flow system comprising work and labor contracts for cutting diamonds and transition of diamonds within the company, as well as making necessary amendments to the company’s accounting policy.
ALROSA started to prepare polished goods for exchange trade last October, including in particular their selection and identification. The project will be presented to general public in March 2017. ALROSA plans to start retail trading in investment diamonds in 2018.
"The aim of the investment diamond selling project is to support Russia’s diamond manufacturing industry, as well as to create a market employing investment properties of diamonds," says Andrey Zharkov, President of ALROSA.