Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

23 september 2024

Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

ALROSA to allocate 100 million rubles for the implementation of IT projects in Yakutia

01 february 2023
Over the next three years ALROSA will allocate 100 million rubles to support innovations and implement projects aimed at import substitution of software – primarily in the diamond mining industry.
The corresponding donation agreement was signed by Sergey Ivanov, CEO of ALROSA, and Vasily Efimov, Director of the Innovation Development Fund of the Republic of Sakha (Yakutia).
The funds allocated to the fund will be used during 2023-2025 for joint development of software products by IT companies of the Republic of Sakha (Yakutia). The main areas of application of IT solutions: geological exploration, mining and enrichment, maintenance and repair of equipment, industrial safety, etc. The software being developed should take into account the current needs of ALROSA in terms of import substitution.
To implement the agreement a special Council will be formed, which will include representatives of ALROSA and the Innovation Development Fund of the Republic of Sakha (Yakutia). Among other things, the Council will approve the list and amount of funding for IT projects, their implementation schedule, technical specifications, etc.
According to Sergey Ivanov, ALROSA is currently implementing several dozen projects in the field of digitalization of production, which cover almost all areas and business processes. Some of the IT solutions are developed and implemented by specialists of the company itself.
At the same time, the need for modern software is growing every year, the increase in production efficiency increasingly depends on the introduction of complex software, which also needs to be adapted to the specifics of mining and specifically ALROSA.
This task has become even more urgent against the background of the withdrawal of a number of foreign developers from the market, the CEO of ALROSA said.

Alex Shishlo for Rough&Polished