New lending will have to be fully asset-backed with true provenance and transparency in the flow of goods and monies

After handling Gem & Jewellery (G&J) industry financing as a banker for many years, Erik A Jens sees an opportunity now that numerous banks are withdrawing from the sector. He is exploring opportunities to establishing a financing firm focusing...

Today

The majority of women don’t care whether their diamonds are mined or lab grown - Alex Popov, CEO of Âme

Alex Popov, President of the Moscow Diamond Bourse and former Chairman of the World Diamond Mark Foundation (WDMF) launched a new jewelry brand under the name of Âme focused on design and using lab grown diamonds to produce jewelry meant to meet...

14 january 2019

At IDE, we encourage innovation throughout the bourse and have even opened a technological incubator to host start-ups - Yoram Dvash

A first generation diamantaire, Yoram Dvash founded ‘Y Dvash Diamonds Ltd’ in 1991 in Israel. While the company grew and made progress under his leadership, Dvash joined industry organizations such as the Israel Diamond Manufacturers Association (IsDMA)...

09 january 2019

Cooperation and collaboration are the development trend of today

Pavel Grankin runs the Slava Group of companies and holds the Slava trademark (‘Slava’ means ‘Glory’ in Russian). He has graduated from the Mozhaisky Military Space Academy. He did his military service at the Plesetsk Сosmodrome from 1987 to...

04 january 2019

De Beers speaks on Zim invitation to explore for diamonds again

De Beers’ exploration team landed in Zimbabwe in 1993 and left in 2006, however, they first prospected for diamonds in Marange in the late 1990s. Harare, under the leadership of the then president Robert Mugabe, alleged that De Beers looted diamonds...

24 december 2018

ALROSA CEO may refuse to participate in the Davos Forum

05 december 2018
(IA SakhaNews) - “I have not made a decision yet (regarding the participation in the forum - TASS). In principle, this was in my plans as there we have a separate workshop attended by executives of the world's largest mining and steel companies, but from the point of view of business ethics and probably from the point of view of supporting Russian businessmen, including our colleagues, state banker Andrey Kostin, I understand that if a group of Russian businessmen does not go to the forum in Davos, I can probably think from the point of view of my participation as well,” said Ivanov.
Earlier, citing its sources, the Financial Times said that Rusal’s co-owner Oleg Deripaska, Renova’s owner Viktor Vekselberg and VTB head Andrey Kostin will not be invited to the World Economic Forum in Davos in 2019. Prime Minister Dmitry Medvedev said that if restrictions on the work of Russian businessmen in Davos are not lifted, Russia will refuse to participate in the forum.
As Russian President Vladimir Putin recently said, a possible boycott by Russia of the World Economic Forum in Davos will not affect the country's authority. According to him, every Russian businessperson can take an independent decision about his or her participation in this event.
The Davos Forum is an annual meeting gathering representatives of the political and business elite. In addition to politicians and businessmen, the event is attended by representatives of public organizations, academia, cultural figures and media executives taking part in discussions. The next traditional annual meeting in Davos, Switzerland to be held on January 22 to 25, 2019 will be devoted to the problem of globalization and world-wide transformations in the age of the Fourth Industrial Revolution.