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

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 Board set its seal to developing African projects

25 may 2012

The Board of Directors of ALROSA held its meeting chaired by President Fyodor Andreev in Mirny on May 25, 2012.
The Board reviewed the report on ALROSA’s performance to fulfill its production program in the first quarter of 2012, according to the company information received by Rough&Polished. During this period, the group produced 8,088,400 carats of diamonds.
The meeting also discussed the investment program aimed at modernizing the aircraft fleet of the Mirny Aviation Enterprise owned by ALROSA and endorsed the establishment of a subsidiary, ALROSA Airline, whose authorized capital will later include the property of the flight network belonging to the Mirny Aviation Enterprise. This issue will be submitted to the Supervisory Board of ALROSA for consideration.
The participants of the meeting reviewed and approved the medium-term strategy for developing the projects maintained by ALROSA in Africa. It was decided with a view to expand and improve the evaluation of new territories on the African Continent and in the European part of Russia to create - within the frames of the Scientific and Research Geological Enterprise of ALROSA – a specialized Department for Evaluation of New Territories, based in St. Petersburg. The implementation of this strategy also involves the support for exports of high tech products (X-ray luminescence separators) produced by Burevestnik, a scientific and production enterprise, which is ALROSA’s subsidiary. Besides ALROSA, this equipment is currently purchased by diamond mining companies operating in Africa, including Angola, South Africa, Botswana, and Lesotho. Experts estimate that more than a third of all diamonds mined in the world are extracted from ore by separators produced by Burevestnik.
The Board discussed and approved the development concept for the diamond cutting complex of ALROSA Group until 2021. The main target for Brillianty ALROSA, a diamond-cutting branch of the parent company, will be to obtain information on current sales opportunities in the polished market and its impact on the rough market. The Board considered it expedient to optimize the company’s diamond cutting segment keeping intact in the mid-term the overall amount and product range of rough diamonds allotted for cutting purposes at the level of 2012.
There were also other issued reviewed at the Board meeting in Mirny, including the introduction of a risk management system, improvement of the company’s investment activities, procurement results in the first quarter of 2012 and preparation for the navigation delivery of cargos, as well as how to apply the voluntary ways of ecological responsibility based on international standards.

Tatyana Alexandrova, Rough&Polished, Moscow