“Only do business with clients who have impeccable integrity,” suggests Davy Blommaert, banker

Davy Blommaert heads the Diamond Business at National Bank of Fujairah, which falls under the bank’s corporate and institutional banking division. With nearly 10 years of experience in the diamond industry, he was tasked to establish a unit within NBF...

18 march 2019

Russia’s export legislation is like a log on the road making it difficult to drive through

Eduard Utkin, General Manager of the Russian Jewellers Guild Association, which is a member of the Russian Federation Chamber of Commerce and Industry, answers the questions from Rough & Polished regarding the activities of the country’s professional...

11 march 2019

Botswana mum on new demands as negotiations with De Beers draw closer

Botswana said it will begin new diamond marketing and sales negotiations with De Beers in June or July this year. Mineral resources minister Eric Molale told Rough & Polished’s Mathew Nyaungwa on the sidelines of a mining conference in Cape Town, South...

04 march 2019

DLX-jewellery will focus more on colour stone designed pieces as well as diamond jewellery sets going forward - Jack Chen, General Manager, DLX-Jewellery

Graduating in International Business from an Institute in Sydney, Australia, in 2015, Jack Chen returned to China to start managing his family-owned jewellery business. Besides holding a certificate in a practical diamond course at Gemological Institute...

25 february 2019

Ali Pastorini: “We have to change a little the way to sell the idea that buying jewelry is just for glamour”

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 1000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

18 february 2019

Yakutia produced 10.8% more diamonds in H1

10 july 2015
(gold.1prime.ru) – Diamond mining in Yakutia (almost the entire production of ALROSA) in the first half of 2015 increased by 10.8%, said the president of the republic Egor Borisov at a meeting on the preliminary results of socio-economic development.
It was reported earlier that in the first half of 2014 ALROSA produced 15.9 million carats of diamonds, over 98% of which were Yakutian assets of the company.
According to the socio-economic development data of Yakutia in 2015-2019, the republic plans to produce $4.2 billion worth of diamonds in 2019.
In 2014, the ALROSA Group produced 36.2 million carats of diamonds (1.64 million of which come from the Arkhangelsk region). ALROSA's operations are in the Republic of Sakha (Yakutia) and the Arkhangelsk region (JSC Severalmaz), the company develops 11 kimberlite pipes and 16 alluvial deposits.