African diamond firms on COVID-19 response, recent developments

Rough & Polished recently contacted several diamond producers and exploration companies with operations in Africa to establish how their operations were affected by the Covid-19 pandemic and what they are doing to alleviate the impact. We also sought...

01 june 2020

“Get Diamonds” platform will soon be available in Russian, Hindi, Arabic and any other languages as per demand from any countries

A first-generation diamantaire Yoram Dvash, currently serving as the Acting President at World Federation of Diamond Bourses (WFDB) and the President of the Israel Diamond Exchange (IDE), launched his diamond manufacturing and trading...

25 may 2020

Sustainability is the only way forward - Rahul Jauhari

Rahul Jauhari, Sr Vice President of Global Sales & Marketing, Star Rays, has forged ahead professionally for more than 14 years garnering experience in Business Development, Luxury Lifestyle Consultancy, Market Analysis, Global Fashion / Luxury trend...

18 may 2020

Keeping global supply chains functioning vital – De Beers

Diamond giant, De Beers has said that it is essential to keep global supply chains functioning in view of the substantial impact of Covid-19 on the industry. Group spokesperson David Johnson told Rough & Polished’s Mathew Nyaungwa in an exclusive interview...

11 may 2020

Gabon courts foreign investors to grow fledgling diamond sector

Diamond production in Gabon, which has been a member of the Kimberley Diamond Certification Process since 2018, is currently dominated by artisanal miners. The artisanal miners are producing about 300 carats per month, according to Gabon’s director of...

05 may 2020

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