“With technology all information is immutable and Blockchain cannot be compromised,” reassures Erik Jens, CEO, LuxuryFintech

When Erik A Jens quit ABN AMRO as global CEO of its diamond and jewellery client division, he started his movement called LuxuryFintech, which provides services such as commercial and corporate banking solutions for the art and jewelry sector, and asset-backed...

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Diamonds across time

Not so long ago, the global library of professional publications on precious stones was replenished with a unique book about rare diamonds and diamond jewelry published by the World Diamond Museum. Alex Popov, the founder and director of the museum told...

18 january 2021

Academician Pokhilenko: The situation with rough diamonds in the Russian Federation will start changing for the worse as early as 2025

Nikolai Petrovich Pokhilenko, Academician of the Russian Academy of Sciences (RAS), Deputy Chairman of the Siberian Branch (SB) of the RAS, Scientific Director of the Institute of Geology and Mineralogy of the SB of the RAS, is a prominent...

11 january 2021

Ilgiz Fazulzyanov: For a creator, the quarantine is the time to work on future masterpieces

Ilgiz Fazulzyanov is a successful and internationally recognized jewellery designer. He received his academic art education in Kazan and moved to Moscow in the 1990s where he lives and works now. His brand, Ilgiz F., is well known among true connoisseurs...

04 january 2021

Botswana Diamonds keen to mine KX36 kimberlite if found commercial

Botswana Diamonds intends to mine the KX36 kimberlite, which it recently acquired from Petra Diamonds if found commercial. The high-grade KX36 kimberlite pipe is part of the three Prospecting Licenses in the Central Kalahari Game Reserve in Botswana...

28 december 2020

Diamonds mined by ALROSA may be sold to Gokhran - media

21 january 2020

The Republic of Yakutia proposed to sell rough diamonds mined by ALROSA to Gokhran due to surplus stocks that accumulated in the company by the end of 2018, as it was said to Interfax by Aisen Nikolaev, Head of Yakutia, who is also the first deputy chairman of the ALROSA Supervisory Board. 
The Republic of Yakutia is one of the largest shareholders of the Russian diamond mining company.
"We discuss the purchase for up to $1 billion. Almost a quarter of annual production. But there are different options - from $500 million to $1 billion. Any option suits us," said the head of Yakutia cited by Interfax.
In 2019, the company sold $3.34 billion worth of diamonds.

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