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Botswana Diamonds’ Campbell on Zim jaunt: We are interested in Kaapvaal Craton

Botswana Diamonds and Vast Resources, recently signed a memorandum of understanding to prospect for diamonds in Zimbabwe. The two companies will exchange information derived from past exploration on areas prospective for diamonds in the southern African...

09 july 2018

“Every Forevermark diamond has a unique inscription number which is an assurance that the diamond is beautiful, rare and responsibly sourced,” says Sachin Jain

Sachin Jain, President-Forevermark, joined the company - a wholly owned subsidiary of the De Beers Group - as the Head of Retail in 2010. He was swiftly promoted to the Managing Director in 2011… to later become the President in year 2013. Sachin started...

02 july 2018

In a world where transparency is more and more the standard, our business must address the lab grading issue willingly

Jeweler-Designer Arnaud Flambeau started his career in the jewelry business in 1993 at European Gold Company CLAL as Key Account Manager for the Jewelry Division, where he was in charge of international brands like Cartier or VCA and their subcontractors...

25 june 2018

Vallabhbhai Shamjibhai Patel tells about the ongoing construction of the Surat Diamond Bourse

The under-construction Surat Diamond Bourse (SDB) is India's second diamond trading hub based at Surat, Gujarat, spread across 35.54 acres with more than 4,000 offices for national & international traders. On the onset, the project which...

18 june 2018

The strategy of regulating the Russian jewellery industry

At the General Meeting of the Russian Jewellers Guild Association held in April, two principally important documents were adopted: The Strategy of Regulating the Jewellery Industry of Russia and The Charter of a Good Faith Taxpayer. Besides, the issues...

13 june 2018

ALROSA updates heat and power supply systems at its industrial facilities

16 april 2018
ALROSA, the world leader in diamond mining, is implementing a program for the conversion of autonomous boiler-houses and power plants to alternative fuels. As expected, it will allow ALROSA to reduce operating expenses by more than RUB 5.3 billion over the next 10 years.
In 2018, ALROSA is planning to build a gas boiler-house in Almazny settlement in Mirny district of Yakutia.
Moreover, by the beginning of the year the Company had completed the reconstruction of three boiler houses serving Nyurba Mining and Processing Division, converting their boilers from diesel fuel to oil. In Arylakh settlement of Mirny district ALROSA built a gas boiler house, refusing to operate electric boilers, which allowed to reduce the annual electrical energy consumption by more than 40 million kWh.
Igor Zherdev, Head of ALROSA Production Performance Improvement Department, said, “According to our estimates, conversion of boiler houses and power plants to alternative fuels will reduce the Company’s operating expenses by more than RUB 5.3 billion over the next 10 years.”
In addition, ALROSA has commenced a feasibility study for a promising initiative regarding the gasification of facilities in Udachny Mining and Processing Division and Udachny town. It provides for the replacement of the generation resource (electrical heating) with cheaper natural gas. Should the effectiveness of this project be confirmed, it will be implemented in 2019-2021.

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