Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...


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...

20 september 2021

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

ALROSA resumes full-scale production

31 august 2009

Russian diamond miner ALROSA will resume full-scale operation of its mining-and-processing integrated plants starting from September 1 after their forced outage due to the sudden economic downturn and after the completion of scheduled repair works, Rough&Polished was told by the company.
Factory No. 12 of the Udachninsky Mining-and-Processing Integrated Works already resumed its operation on August 25, while the Yubileiny Quarry, Factory No. 14 of the Aikhalski GOK, the Internatsionalni Quarry, Factories No. 3 and 5 of the Mirninski GOK, Factory No. 16 of the Nyurbinski GOK will resume their work starting from September 1, 2009.
ALROSA believes that its priority task is to develop production and preserve jobs at the current level of wages. At present the company is implementing a large-scale program of developing underground mines which will permit to preserve its mineral resources base and its positions on the world diamond market in the long term.
On August 21, 2009, the underground Mir Mine was put into operation during an inauguration ceremony attended by Russian Prime Minister Vladimir Putin, President of the Republic of Sakha (Yakutia) Vyacheslav Shtyrov, President of ALROSA Fyodor Andreyev and the diamond mining company’s employees.
Today ALROSA is constructing three underground mines in Yakutia based on the Mir, Aikhal and Udachnaya Mine Fields. It was necessary to build them due to completion or near completion of open-cast diamond mining on these Kimberlite pipes.
The Aikhal Diamond Pipe will reach its design capacity of 500,000 tons of ore per year in 2012. Its second start-up facility is scheduled to be put into operation in December 2009.
The Udachny Mine will be one of the world’s biggest – its total output capacity will reach 4 million tons of ore per year. The construction of this mine started in 2004. In 2001, the fist start-up facility capable to produce 500,000 tons of ore annually will reach its design output capacity.
Over $2.8 billion will be allocated for the construction of these three new mines in the course of ten years (from 2005 to 2014), while their total output capacity will be around six million tons of ore per year.