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

ALROSA’s Subsidiary to Raise RUB 16 bln

16 january 2014

OJSC Severalmaz, a subsidiary of AK ALROSA based in the Arkhangelsk Region intends to raise a total of RUB 15.99 billion by means of additional share placement, the company noted cited by ITAR-TASS.
Board of Directors at Severalmaz took decision to hold extraordinary shareholders meeting on 27 February, 2014, whereby suggestion of additional shares issue will be submitted for approval. The issue is to comprise 12.12 billion shares with nominal value of RUB 1 per unit, subject to public placement at the price of RUB1.32 per unit, Severalmaz stated. Following approval of additional issue share capital of Severalmaz is poised to expand by 69% to RUB 29.66 billion.
As was previously reported, in December Severalmaz launched the second concentration unit having accreted processing capacity from 1 to 4 million tonnes of ore per year. The company expects diamond output to jump 2.7 times to 1.7 million carats in 2014.
By 2019 Severalmaz projects increase of its share in the overall diamond output of ALROSA Group from the current 2% to 10%, which is equivalent to 4.3-5 million carats per year.
OJSC Severalmaz is based in the Arkhangelsk Region and considered to be a junior diamond miner having been founded in 1992 and started diamond production in 2005.
ALROSA is the major shareholder of Severalmaz (99.62% share) with the rest 0.038% share being held by minor shareholders.