The indelicate balance of ethics against profit

I am slightly pained to write this blog, as over the years I've made many close friends and contacts in Switzerland, not to mention worked very closely with several Swiss-based companies as part of our recently launched DMCC Crypto Centre, including...

Yesterday

Yakut diamonds, the symphony of permafrost

The Yakutia-based Kierge company, one of the Top 100 of the leading jewellery brands in Russia, opened its showroom in Moscow this autumn, which is gaining popularity in the capital of Russia. “Kierge” is the Yakut for a “finery, decoration” in a broad...

22 november 2021

Vladislav Zhdanov - “The use of diamonds in high technologies is the main and key target of the diamond synthesis technologies”

Vladislav Zhdanov, Professor at the Higher School of Economics, Advisor to Director General - Chairman of the Management Board of the Russian Railways company, and former Vice President of ALROSA (2015-2018). He is a physicist by background...

15 november 2021

Ali Pastorini: The white diamond is the equivalent of a white shirt for a woman

Ali Pastorini is the co-owner of Del Lima Jewelry and President of Mujeres Brillantes, an association that brings together more than 1,000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

08 november 2021

“As a purist and old school diamantaire, I don't believe in LGD,” says Vin Lee, CEO Grand Metropolitan

Vin Lee, the King of Luxury, doesn’t need any introduction. He is a self-made billionaire CEO of Grand Metropolitan. The Beverly Hills' family office Grand Metropolitan is $7 billion AUM privately-held luxury goods holding company with a 60-brand...

01 november 2021

Seligdar announces operating results for the first nine months of 2021

18 october 2021
Gold production by the holding companies for the reporting period amounted to 5,420 kg. This indicator includes placer gold, the production of which was not taken into account in the figures for 9 months of 2020. The production of ore gold amounted to 5,124 kg, 0.4% higher than a year earlier.
The volume of gold sales by Seligdar holding companies amounted to 4,681 kg in January-September 2021, at the level of the same period last year.
The revenue from the sale of gold for 9 months of 2021 amounted to 19.9 billion rubles, 4% more than a year earlier. The average selling price of gold increased by 3%.
The total revenue from the sale of gold, tin, tungsten and copper concentrates by the holding companies increased by 13%, to 23.7 billion rubles.

Alex Shishlo for Rough&Polished