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

The family of the deceased due to explosion at Udachny mine will get more than 2 mn rubles – ALROSA

12 july 2018
The relatives of the explosion victim at the Udachny mine will get more than two million rubles of compensation, according to Interfax - Far East.
Yesterday ALROSA reported an explosion at the Udachny underground mine. At the moment of explosion there were 174 workers in the mine. As a result of the accident one miner died.
“All the employees of the ALROSA Group are insured under collective accidents policy which grants compensatory payments of two million rubles in case of an accident,” said ALROSA’s press office.
Besides that, the additional financial support will be provided to the family of the victim under the collective contract with ALROSA and the contract with the Profalmaz Trade Union, the agency said. 
A special on-site commission was established to investigate the accident. The Udachny mine resumed operations in normal mode.

Victoria Quiri, Rough&Polished