GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

Yesterday

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

ALROSA intends to have a joint diamond manufacturing division

23 october 2020
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Image credit: Kristall (Facebook)

ALROSA has started to create a joint diamond manufacturing division bringing under one control all of its polishing factories. This follows from the Company’s statement on Thursday. “Dmitry Amelkin, who was appointed Transformation Director of the Polishing Division this spring, will be in charge of this major project. In Smolensk, he will also take the helm at the Company’s largest diamond polishing factory, Kristall, to ensure the smooth transition,” it said.
As of today, ALROSA has three cutting and polishing units, including DIAMONDS ALROSA in Moscow, Diamonds ALROSA LLC in Barnaul, and Kristall in Smolensk, which taken together account for more than a half of polished output in Russia.
“The integration plan is based on the strategy for the development of ALROSA’s cutting and polishing complex, which was approved by the Company’s Supervisory Board in late 2019 and seeks better rough diamonds allocation along with streamlined production processes. In 2021, the three facilities are expected to form a single organisational and legal structure. The goals are twofold: first, to make sure that diamond output is allocated more efficiently among the sites, and second, to facilitate the sharing of practices. In addition, the facilities are going to provide backup to each other in case the epidemiological situation in one of the regions gets worse,” the statement said.

Alex Shishlo for Rough&Polished