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

ALROSA purchased 99,73% of additional share issue by Severalmaz

23 october 2014
ALROSA purchased 99.73% of the additional share issue carried out by Severalmaz, thus executing its preemtion right, according to the issuer's press statement quoted by Interfax.
Severalmaz is developing the Lomonosov Diamond Field  in the Arkhangels Region simultaneously constructing a mining and processing complex there, funded by ALROSA.
Severalmaz carried out an additional issue of 12,121,212,121 shares priced at RUB 1.32 per share. Consequently, ALROSA will have to pay about RUB 16 billion to its subsidiary.
Prior to this issue, ALROSA owned a 99.62% stake in Severalmaz.
The Lomonosov diamond deposit includes 6 kimberlite pipes, of which only one (Arkhangelskaya) is being developed. Ore is processed at the miner's first-phase processing plant with a capacity of 1 million tons per year.

Anna Georgieva, Rough&Polished