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

Fyodor Andreyev, President of ALROSA may see his contract term with the company extended for another five years

14 february 2014

The news was distributed by the Kommersant Daily, saying that yesterday the diamond miner’s Supervisory Board had reportedly initiated the procedure to renew the labor contract with the top manager, which expires on July 14. ALROSA’s major shareholders are willing to support this personnel decision, which requires to be approved by the governments of Russia and Yakutia for final inaction.
The fact that the contract with Fyodor Andreev may be extended for another five years was disclosed to the Kommersant by a source in the government. “Consultations with major shareholders have already been held. Andreev was the only nominee and he was supported by the authorities of both Russia and Yakutia (holding 43.9% and 25% plus 1 share, respectively – the Kommersant). The issue was submitted to the Supervisory Board of ALROSA for consideration,” he said. Two sources from the Supervisory Board confirmed this information to the Kommersant. According to one of them, the Board meeting was held in absentia yesterday, and the issue was really on the agenda.
The other source of the Kommersant added that in particular the materials for the meeting of the Board contained a proposal to assess the activity of Fyodor Andreev as president of ALROSA. "His work was found as meeting the interests of shareholders to the fullest extent. Ilya Yuzhanov, Chairman of the Board was instructed to send an appeal to the Federal Property Management Agency to start formal procedures to reassign Mr. Andreev as President of ALROSA for another five-year term,” the source said. There were no official comments from ALROSA regarding this information.