The need for significant capital investments will be the main trend in the diamond mining industry in 2021-2030

The prospects of the diamond industry in the post-crisis period are discussed by the Rough&Polished correspondent with Sergey Mityukhin, Candidate of Geological and Mineralogical Sciences, Honored Geologist of the Russian Federation.

06 july 2020

Young Diamantaires: We create initiatives for the benefit of diamond communities worldwide

The World Federation of Diamond Bourses recently launched its Young Diamantaires website. The organization has worked for the past four years with young members of the diamond community all over the world to create a platform through which they can express...

29 june 2020

Those who implement the right anti-crisis strategies have more chances

It is not surprising that because of the pandemic and the crisis, the most heated debate in the jewellery industry is about what is happening and the possible ways of survival. Irina Slesareva, an expert, art director of the Russian Diamond Line contest...

22 june 2020

The secondary diamond market in Russia is not mature although its prospects are huge

Pavel Barannik, the founder and head of the Moscow Gemological Laboratory, the founder of the Gemological Institute and President of the Moscow Diamond Club, graduated from the Gemological Institute of America (GIA). He is an expert and consultant...

15 june 2020

Johan Erikson: The industry needs to spend more on advertising and marketing

First Element is a fully independent Diamond Services Company registered in Belgium, Botswana, South Africa and Dubai. First Element is committed to providing a world class diamond service aimed at adding value to the entire supply chain, from the daily...

08 june 2020

Coronavirus suspended work at Internatsionalny diamond mine

25 june 2020
After several employees at the Internatsionalny diamond mine developed by ALROSA had positive tests for coronavirus infection, the operations at the mine were suspended, according to Interfax citing the company’s media communications.
Only the services that ensure "safe operation of the critical infrastructure at the mine" will continue their work, the company said in its statement and noted that preliminarily the mine’s work will be suspended for 7 to 14 days. At the same time, according to ALROSA, the personnel of the mine and that of its contractors will receive payment in accordance with the current labor legislation.
The coronavirus-infected employees are undergoing treatment at a hospital in Mirny, and their condition is stable, the statement said. According to the company’s media communications, “in a week, ALROSA will consider the option of resuming the work based on the results of testing the personnel of the mine and contractors, engaging the personnel with negative tests and the absence of virus symptoms.”