India’s gem and jewellery industry expects the government will consider its demand for lower import duty on raw materials

A go-getter at heart, with an attitude to match, Pramod Kumar Agrawal, Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) of India is a man in a hurry. He has not left any stone unturned to bring back the Indian gem & jewellery...


“Only do business with clients who have impeccable integrity,” suggests Davy Blommaert, banker

Davy Blommaert heads the Diamond Business at National Bank of Fujairah, which falls under the bank’s corporate and institutional banking division. With nearly 10 years of experience in the diamond industry, he was tasked to establish a unit within NBF...

18 march 2019

Russia’s export legislation is like a log on the road making it difficult to drive through

Eduard Utkin, General Manager of the Russian Jewellers Guild Association, which is a member of the Russian Federation Chamber of Commerce and Industry, answers the questions from Rough & Polished regarding the activities of the country’s professional...

11 march 2019

Botswana mum on new demands as negotiations with De Beers draw closer

Botswana said it will begin new diamond marketing and sales negotiations with De Beers in June or July this year. Mineral resources minister Eric Molale told Rough & Polished’s Mathew Nyaungwa on the sidelines of a mining conference in Cape Town, South...

04 march 2019

DLX-jewellery will focus more on colour stone designed pieces as well as diamond jewellery sets going forward - Jack Chen, General Manager, DLX-Jewellery

Graduating in International Business from an Institute in Sydney, Australia, in 2015, Jack Chen returned to China to start managing his family-owned jewellery business. Besides holding a certificate in a practical diamond course at Gemological Institute...

25 february 2019

ALROSA shareholders approved changes in the Charter and internal corporate documents

29 june 2018
A general meeting of ALROSA shareholders was held on June 26,2018, in Mirny. The shareholders of the company approved a number of changes in the Charter and regulations of governing and ruling bodies.
The adopted changes improve the quality of communications between the parties of corporate relations, provide rapid access to the proceedings, and give opportunity to e-vote during the meetings and absentee voting. Current changes regulate the use of IT systems and the company’s file-sharing resources, or data warehouses.
ALROSA seeks to comply with best practices of corporate management and extend the computerization of the Supervisory board, committees of the Supervisory board, Board of directors, the Auditing Commission and other collegiate bodies are moving towards paper-free way of working.
These changes highlight the positive dynamics of the corporate management level of the company. ALROSA intends to further increase the level of corporate culture, implement best practice standards in company management and boost the speed of managerial decision-making.