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

LUKOIL to Invest $850M to Development of Diamond Deposit in the Arkhangelsk Region

25 june 2012

LUKOIL intends to invest over $850 million to development of Grib diamond deposit located in the Arkhangelsk Region, to advance it to first production stage, according to a statement made by the company’s CEO Vagit Alekperov during signing cooperation agreement to the local government within the scope of St. Petersburg International Economic Forum 2012, PRIME reports.
“The company believes, and it is confirmed by all our calculations and estimates, that the first diamond production will be obtained in 2013; the company’s investment to the project till that stage are valued at over $850 million,” – Alekperov noted.
In his words, the project operated by LUKOIL’s subsidiary – OJSC Arkhangelskgeoldobycha has good profitability rates.
“We are developing it quite successfully, based on international analysis data,” – Alekperov added.