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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 announces new appointments of executives in Dubai and Vladivostok

03 july 2018
ALROSA, the world’s largest diamond mining company, announces new appointments in its foreign trading company ALROSA East DMCC in Dubai and in its Vladivostok branch.
Roman Kondratiev, who successfully passed an internal corporate contest for the selection of candidates, headed ALROSA’s trading representative office in Dubai. He has extensive experience in ALROSA, in his last position he worked with subsidiaries of the company.
Roman Kondratiev will replace Dmitry Chizhov at this post, who will continue to work in the export sales unit of the United Selling Organization (USO).
As a director of ALROSA East DMCC, Roman Kondratiev will oversee the interaction with clients and local industry organizations of United Arab Emirates, be responsible for auctions and tenders on the Dubai trading site. He will also be in charge of collecting, preparing and analyzing the latest updates on trends in this market.
In addition, Semen Lavrentiev, formerly head of ALROSA’s Kommeral company, will be appointed the new director of the company's branch in Vladivostok. He also was a staff reserve following the results of the corporate competition. Semen Lavrentiev replaces Alexey Ivanov, whose contract expires on July 2, 2018.
Semen Lavrentiev will continue to develop the main activities of the Far Eastern site of ALROSA, such as attracting clients from Asia-Pacific countries and expanding the company's activities in the Eurasian Diamond Center (EDC). He will also be engaged in building a full cycle of the functionality of the company's branch and EDC.
"I would like to congratulate Roman Kondratiev and Semen Lavrentiev on their appointment. In their new positions, they will oversee activities aimed at increasing sales, attracting new customers and strengthening the positive image of ALROSA. Dubai and Vladivostok are important sites for us, given the rapid development of Dubai as the center of the world diamond trade and Vladivostok's advantageous location in terms of cooperation with customers from the Asia-Pacific. I also thank Alexey Ivanov and Dmitry Chizhov for their significant contribution to the development of the company's trading sites and expansion of its presence in the international diamond market," Evgeny Agureev, the Member of the Executive committee, Director of the USO ALROSA, commented on the appointments.
In 2017, ALROSA sold rough diamonds worth about $40 million at tenders and auctions in Dubai.
ALROSA branch in Vladivostok was established in 2016 by the decision of the Company’s Supervisory Board with the purpose of development of the Eurasian Diamond Centre in the territory of the Free Port of Vladivostok. The branch sold the first rough diamonds at the EDC in August-September of 2016. In 2017, the total revenue of ALROSA from the sale of diamonds at tenders and auctions in Vladivostok exceeded $70 million.

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