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

Bourevestnik Inc. launches new production facility

13 february 2018
The scientific and industrial enterprise Bourevestnik Inc., a subsidiary of ALROSA Group, has completed the construction of its own production facility for diamond ore processing equipment at the St. Petersburg's Special Economic Zone, Kommersant reports.
The cost of the facility amounted to 1.9 billion rubles, its commissioning is scheduled for April 2018. Meanwhile, construction of the site was completed late.
The existing capacities of Bourevestnik will be transferred to the new production facility from Malookhtinsky Prospekt in St. Petersburg. According to the company, it plans to sell equipment worth 1.3 billion rubles in 2018. The maximum capacity of the new plant in the SEZ in monetary terms is 2.8 billion rubles a year, to be reached by 2022, press service of ALROSA told Kommersant. Analysts say that Bourevestnik will not experience any problems with the sale of its products given that it is a subsidiary of the world leader in diamond mining.
Bourevestnik to both ALROSA and other major diamond producers. At the end of January, it was reported that it supplied and commissioned a set of 27 X-ray luminescence sorters at the new recovery plant of the Cullinan mine in South Africa owned by Petra Diamonds. Analytical instruments produced by Bourevestnik are exported to the UAE, Indonesia and Singapore.