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

Unifying role is the main objective of the National Gemological Association

Yuri Shelementiev runs the Gemological Centre (GC) at the Moscow State University and is a president of the National Gemological Association (NGA) uniting the gemologists of Russia. The head of the MSU’ GC and the NGA answered the R&P’s...

15 july 2019

ALROSA’s employee accused of diamond fraud

10 june 2019

An employee of the ALROSA company and its two associates are accused of stealing diamond products from the company, according to the mass media.
According to Kommersant, the Investigative Committee of Russia initiated a case against Elena Kanunnikova and her two accomplices for the illegal circulation of precious stones. During the searches, 500 diamonds weighing more than 2,000 carats and 11 diamonds worth more than $3 million were confiscated. 

Image credit: ALROSA

The report also says that on June 6, the Investigative Committee of Russia, together with the Federal Security Bureau (FSB), carried out an operation to apprehend alleged criminals who intended to steal another parcel of diamonds worth 22 million rubles. After the search, $2 million and 500 euros in cash were seized. A citizen of Russia and Georgia, Vladimir Tabidze, and a citizen of Russia, Vladimir Gordinsky, who are accused of the theft, also kept jewelry, in particular, 30 time pieces studded with diamonds.
At the moment, all the alleged criminals are kept in custody.
Alrosa has confirmed the information of the Federal Security Service and the Investigative Committee of Russia on the prevention of diamond theft.
The company reported that the operation was carried out with the direct participation of the ALROSA security service.
The company did not comment on the course of the investigation and conducts its own internal investigation.

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