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

Russia’s Gokhran intends to buy diamonds from ALROSA

23 may 2012

To replenish Russia’s state fund ALROSA may supply RUB 4 billion ($110 million) worth of diamonds to Gokhran in 2012, investcafe.ru says. This transaction was cleared by the Supervisory Board of ALROSA at a meeting on May 18, according to the company’s report.
Diamonds can be supplied by ALROSA itself and its subsidiaries in ALROSA Group - ALROSA-Nyurba, Almazy Anabara and Severalmaz.
In 2011, Gokhran did not buy diamonds from ALROSA as the diamond miner did not offer its goods to the state fund, Interfax reported a while ago. Last year, the state repository acquired diamonds from other diamond producers outside of ALROSA Group (including OAO Nizhne-Lenskoye controlled by Yakutia and OAO Uralalmaz, which is part of Lev Leviev’s Ruiz Group).
In addition, based on what was produced in May ALROSA plans to sell rough and polished diamonds worth about $370 million. The company is expected to drive its total sales of rough and polished diamonds to over $ 1.988 billion in the first five months of 2012, which is up $160 million year-on-year. These figures were voiced at a corporate management meeting on May 21 chaired by Fyodor Andreev, President of ALROSA.
ALROSA is a regular supplier of diamonds to the stock held by Gokhran, says Pavel Emelyantsev, an analyst of Investkafe.
"This helps the company survive during periods of unfavorable market conditions. For example, after the 2008 crisis, when prices for diamond goods plummeted and demand for them in the international market almost deflated, it was Gokhran which helped the Russian diamond monopolist to stay afloat at the expense of government procurement. This news is quite positive for the company since it proves the existence of a long-term support strategy," the expert stressed.