News
Tharisa meets FY2026 guidance, Karo Platinum fully funded as net debt swings to $51m
Tharisa has reported full-year production in line with guidance for both platinum group metals (PGMs) and chrome concentrates, while confirming its Karo Platinum project in Zimbabwe is now fully funded following a $300 million bond issue.
Yesterday
Israel’s diamond sector poised for revival following tax reforms and De Beers comeback
De Beers, one of the world's major diamond market players, has announced the resumption of its operations in Israel after a nine-year absence, which became the latest sign of revival of the diamond industry in the country.
Yesterday
Kefi Gold and Copper restarts Tulu Kapi development after safety review
Kefi Gold and Copper has resumed development at its Tulu Kapi gold project in Ethiopia following a suspension that began on September 7 after a serious safety incident three days earlier.
Yesterday
Nornickel implements smart melt monitoring system
Norilsk Nickel has installed a smart melt monitoring system at its metallurgical plant in Norilsk in collaboration with Reksoft. The system uses computer vision to assist the converter operator in identifying phases during the tapping process.
Yesterday
ALROSA to help amplify Arctic agenda at UN
In preparation for the 31st UN Climate Change Conference (COP31), ALROSA experts and other stakeholders from Russia discussed a unified approach to strengthening the country’s position and the Arctic agenda at UN climate conferences.
Yesterday
Vyacheslav Shtyrov: A blocking stake in ALROSA should be owned by the Russian Federation and the Republic of Sakha (Yakutia) should have a blocking stake as well - this is a fair proportion
03 march 2011
Vyacheslav Shtyrov was in charge of ALROSA in 1996-2002 and then from January 2002 to May 2010 he was President of the Republic of Sakha (Yakutia). Currently, he is Deputy Chairman of the Federation Council at the Federal Assembly of the Russian Federation.
In search of a new Faberge
28 february 2011
In late January, the Red October Factory in Moscow, which turned into a fashionable area for various kinds of contemporary creativity, hosted a multimedia exhibition of works by the participants of the Other Jewelers Project - sketches made by artists and jewelers. Other Jewelers, which is a federal-level social and cultural project run by the CITYCELEBRITY portal in team with the Private Property Jewelry Boutique, presented collections produced by more than 50 jewelers from 17 cities of Russia. The purpose of their aspirations was described as trying to "search for a new Faberge.”
Mikhail Khrychev: "It is becoming harder to operate in the jewelry market"
21 february 2011
Jewelry House Aesthete has a 20-year history and is one of the pace-makers in the jewelry industry in Russia. Today, Aesthete has its own production facility, which is the largest jewelry factory in Europe. In 2009, Aesthete won the highest award of Russia in the field of jewelry - its necklace, Snow Queen, was recognized as the best jewelry piece created in this country and awarded a prize by Gokhran, Russia’s State Repository. Rough&Polished’s observer met with Mikhail Khrychev, Aesthete’s Vice President and Commercial Department Director, to talk about the outcome of the past year and plans for 2011.
ALROSA’s going public will not affect diamond cutters in Yakutia
14 february 2011
Starting from August 2010, Nadezhda Kononovа is the Chairman of the Diamond Council under the President of the Republic of Sakha (Yakutia), which plays a key role in the allocation of quotas for sought-after rough diamonds between the diamond-cutting enterprises of the republic. She is also Adviser to the President of the Republic of Sakha (Yakutia).
ALROSA: human resources management
07 february 2011
Yakov Urinson, Member of the Supervisory Board of ALROSA, gave this interview to Rough&Polished to delineate the diamond mining company’s personnel policies.
Diamond laser system: An “easy” way to identify a stone
31 january 2011
Diamond laser inscriptions are a growing trend for a technique that provides an easy way to identify a diamond. Without causing any damage, a micro-laser beam is used to etch microscopic inscriptions on the girdle of diamonds weighing 0.18 carat or more. Laser inscriptions usually contain the certification laboratory initials and certification number. To get more closely acquainted with the laser engraving process, Rough&Polished managed to ask a few questions to Raffaele Ciardulli, RDG Marketing Director.
Valery Rudakov: "In Yakutia it is possible to mine diamonds successfully for at least another 35 years"
24 january 2011
The first president of ALROSA and current Chairman of the Committee for Entrepreneurship in Mining, Production and Processing of and Trade in Precious Metals and Stones of Russia’s Chamber of Commerce and Industry told Rough&Polished how Yakutalmaz became a joint stock company and what should be preserved in ALROSA.
"We have no middlemen and we are competitive"
17 january 2011
In 2007, LLJ (Lev Leviev Jewellery) controlled by Lev Leviev acquired the Lucas Jewelry Factory in order to increase its presence in the wholesale jewelry market. Today, all the wholesale dealings in Russia and in the CIS countries are carried out through the company called Lucas-Gold. Michael Trakhtenberg, CEO of Lucas-Gold, answers the questions of our correspondent.
Caroline Yuan: The Shanghai Diamond Exchange is an excellent platform for interaction between the industry and government
11 january 2011
Caroline Yuan, Vice President of the Shanghai Diamond Exchange, has kindly answered the questions filed by Rough&Polished. Her Chinese name is Yuan Wenyao.
“The disparity between rough and polished prices will have to narrow next year”
31 december 2010
At the end of the expiring year Rough&Polished held a survey. Our experts were asked three questions: How do you assess consumer demand in 2011? What is your price forecast for rough and polished diamonds next year? What may produce a significant impact on the market in 2011? Below is what we were told:
