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...


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

ALROSA representative elected as RJC Vice Chair

17 may 2018
A representative of ALROSA, the world’s largest diamond mining company, was elected as Vice Chair of Responsible Jewellery Council (RJC) on May 17.
On May 17, Peter Karakchiev, ALROSA’s Head of International Relations, was elected as RJC’s Vice Chairman at its 2018 annual general meeting held in Moscow.
The RJC is an international standards setting and certification organization established in 2005 to promote customer confidence in the jewellery supply chain through certification against its Code of Practices (COP) standard. RJC members commit to and are independently audited against the COP which addresses human rights, labour rights, environmental impact, mining practices, product disclosure and many more important topics in the jewellery supply chain. ALROSA became a member of the RJC in 2016 and was granted a three-year COP certification in 2017 following a successful audit with an independent RJC accredited audit firm.
Today, the RJC comprises of over 1,100 member companies with over 9,000 facilities and over 460,000 employees covered under RJC certification worldwide. As a full member of ISEAL, RJC is committed to developing credible and effective standards and continually improving its systems through regular standards review processes with its members and multi-stakeholders. Currently its COP is under review and the new version is expected to be launched early 2019. The RJC will be introducing several important changes including an expansion of its material scope to include coloured gemstones and silver.
“We welcome the decision of the RJC membership to elect Peter Karakchiev as Vice Chairman of the Council. ALROSA’s representative in this position once again emphasizes ALROSA’s commitment to promoting responsible business practices in the industry and its readiness to take on the leading role in resolving industry-wide problems. We share the RJC values and are ready to assist the organization in its further development. ALROSA today is the only Russian company–member of the RJC. I hope that the annual meeting of the organization here in Moscow will draw the attention of our industry to the importance of responsible sourcing and social and environmental issues,” said ALROSA CEO Sergey IVANOV.
Peter Karakchiev joined ALROSA in April 2013, being promoted to the head of the Department in May 2015. He is also member of the WDC Board of Directors.