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...

Yesterday

“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 comments on the accident at the Udachny mine

11 july 2018

July 11, at 05.26 am local time the manager of the underground mine Udachny received a message saying that during the sinking operations at the depth of -580 there was an explosion of explosive substances when drilling the downhole.
The plan of dealing with the accident was underway. Two teams of Mine Rescue Brigade were working to eliminate the consequences of the accident. At the moment of the explosion there were 174 workers in the hole. All the workers, except the guard posts, were withdrawn from the mine.
As a result of the accident, one worker of the Aikhal-Udachy specialized mining department Capital Project Division, who was born in 1971, died.
At 08.09 am local time the Udachny mine resumed the operations in the normal mode. The gas is at a normal level. The special Investigation Commission has been established in the field.