Vladimir Zboykov: New times have come for jewelers

How a personal collection of minerals was thrown on the scrap-heap, who is behind the destruction of gemstone consumption culture in Russia and why jewelers will soon have to choose between business and prison – all this was told to Rough & Polished...

Yesterday

Changing preconceptions in the diamond and financial markets

Eli Avidar is a man on the move…literally. In April, the former Israeli diplomat stepped away from the CEO’s office at the Israel Diamond Exchange, a position he had held for more than two years, and from the Israel Diamond Institute, where he had been...

13 august 2018

Chasing a dream…

Elina Chan, MD of Shenzhen Shi Qing Yu Zhubao Ltd completed her higher education from Xiamen University and Master’s degree from Hong Kong University. To achieve her dream to start a business, Elina gave up numerous job opportunities in Hong Kong and...

06 august 2018

Pangolin Diamonds using termites to find kimberlite indicators in Botswana

It is not a secret that the rate of kimberlite discovery in Botswana has dropped considerably and research has shown that termites can help diamond explorers have an understanding of the transport mechanism of kimberlite indicator minerals from the kimberlite...

30 july 2018

In another fifty years, we’ll have a different scale of valuation, and all those items of natural origin – including diamonds – will sharply increase in price

Within the framework of the Qatar-Russia 2018 Year of Culture, the World Diamond Museum hosts an exhibition of the Qatar Museums at the State Historical Museum in Moscow – "Pearls: Treasures of the Seas and the Rivers," that opened on 11 July...

24 july 2018

Russia has no plans to privatize remaining ALROSA stake

12 february 2018
The sale of ALROSA's stock belonging to the Russian Federation and the Republic of Yakutia is not currently being discussed, said the President of ALROSA Sergey Ivanov in an interview with Kommersant last week.
"As far as I know, there is no preparation (of ALROSA privatization) done at this stage," Ivanov said. "And the shareholders themselves must decide how they will sell stakes, in parity or not – we, as management, do not participate in making this decision".
Also, according to him, at the moment there is no sense to sell a stake in the company.
"I said before that I do not see any reason to sell now: there is a great potential for development, everyone understands this," Ivanov said.
Meanwhile, Ivanov noted that, according to the latest research, about 30% out of ALROSA's 34% free-float belongs to large institutional investors, and the rest is owned by individuals. Also, investors who own more than 10 million shares of the company now hold more than 25% of the company's stock, which indicates a stable investor base, Ivanov concluded.