The diamond business is yet bright and has a good future in the coming days

Hitesh Patel, Managing Director of Dharmanandan Diamonds Pvt. Ltd., joined the family business in 1997 to help his father Laljibhai Patel, the founder of Dharmanandan Diamonds Pvt. Ltd. Egged on by its success, Hitesh set up the overseas presence of...


The talk around LGDs is all hype

As a teenager, Luca Luterbacher began to design and manufacture single pieces and individual items for wealthy private family friends from Switzerland and Lichtenstein. In 2017, he finally invested in his own luxury trademark "Luterbacher."...

12 august 2019

Correct adjustment of advertising is the major challenge

At the recent Amberforum held in the Baltic city of Svetlogorsk, Andrey Yanchevsky, Head of the trade representation of the LA VIVION jewelery company shared his opinion with the correspondent of Rough&Polished on the state and prospects of the jewellery...

05 august 2019

Small-scale diamond mining is the future in Botswana – Leon Daniels

Pangolin Diamonds, which is currently the most active diamond exploration company in Botswana, has called upon authorities in the southern African country to include diamonds into the minerals permit for small scale mining operations. Pangolin chief...

29 july 2019

“There has been a strict policy in Israel against LGDs; have been forbidden on IDE trading floor for years.”: Aviel Elia, Managing Director- IDI

Aviel Elia, an attorney by profession, has served as Legal Adviser and Company Secretary of IDI since 2013. As a key member of the Israel Diamond Institute (IDI) management team, he has been involved in developing company strategy and negotiating...

22 july 2019

ALROSA to allocate more than 800 million rubles for the water supply development program for the Vilyui group of uluses

30 april 2019

The government of Yakutia signed a decree according to which ALROSA will allocate 833 million rubles for the program “The Development of water supply for the Vilyui group of uluses in 2019-2024”, according to
“The preliminary funding of the program for these 5 years will amount to 1,937 million rubles, of which 833 million rubles are provided by ALROSA. It is extremely important for us to implement this program, modernize the water supply facilities and provide the population with drinking water,” the agency quoted the chairman of the government of the Republic of Sakha (Yakutia), Vladimir Solodov.
The report says that the program will include the modernization and construction of 21 water intake stations, reconstruction and construction of 31 sewage treatment plants, construction of 104 km water supply networks in 29 settlements of the Viluy group of districts. The program is realized by the municipalities of Vilyui, Verkhniy Vilui, Nyurba, Suntar, Mirny, Zhigansk districts and ALROSA.
This year, the company allocated about 240 million rubles for the implementation of the program. ALROSA intends to allocate 150 million roubles on a yearly basis to Trust Fund for Future Generations of the Republic of Sakha (Yakutia) through which the funding of the program is realized.
In August 2018, the destruction of the dam at the mine operated by ALROSA occurred due to heavy rains, and local media reported that this resulted in polluting the Vilyui, Irelyakh and Malaya Botuobiya rivers in the west of Yakutia. Verkhnevilyui, Vilyui, Suntarsk and Nyurba uluses (districts), which are inhabited by about 100 thousand people, suffered the most.

Victoria Quiri, Correspondent of the European Bureau, Rough&Polished, Strasbourg