Color diamonds are more valuable and desirable and a better investment

In 1993, Eyal Cohen started his career as a diamond cutter, sitting by his father’s side as an apprentice. 4 years later, he was recruited by a jewelry firm, where he learned to appreciate natural colored diamonds. In 2003, Eyal opened his own company...

17 september 2018

Debate on the main issues affecting the diamond business is absolutely critical - Ernie Blom

Having taken part in the fruitful discussions with the world leaders at the Asian Summit held recently in Vladivostok, Ernie Blom, President, World Federation of Diamond Bourses (WFDB) now looks forward to taking the worthy inputs received at...

10 september 2018

Reflecting the nature of the industry, US jewellery market is significantly seasonal with great ‘ebb and flow’ in demand, opines Vin Lee

Vin Lee, CEO of Beverly Hills-based Grand Metropolitan, a privately-held luxury goods holding company had migrated from Canada as a child. And one can see that it did not take him long to ascend the US luxury world, establishing himself as a formidable...

27 august 2018

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...

20 august 2018

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

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 All the workers, except the guard posts, were withdrawn from the mine.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.