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

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

Privatization of AK ALROSA Will Take Place in 2012 – Ministry of Economic Development

23 october 2012

The deal on privatization of AK ALROSA is not going to be closed till the end of the current year, according to a statement made by Head of the Russian Ministry of Economic Development Andrey Belousov, cited by Prime news agency.
“I am sure we won’t meet the timing, however I suppose we will manage to place one or another share at the market next year,” – Belousov said, having declined to clarify whether this might take place in the first quarter of 2013.
Till the end of 2012 ALROSA was to place 14% of its share capital at RTS-MICEX, including 7% share owned by the Russian government and 7% share which belongs to Republic Yakutia. Meanwhile, the government intends to dispose all state-owned shares in ALROSA till 2016. However authorities of Yakutia repeatedly applied to the Russian government with the request not to sell state-owned share in the diamond mining company but rather retain a controlling stake.