Exclusive
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
Russian Ministry of Finance to hold an open auction for the sale of rough diamonds from the State Fund
The seller of diamonds is the federal state institution "State Institution for the formation of the State Fund of Precious Metals and Precious Stones of the Russian Federation, storage, release and use of precious metals and precious Stones (Gokhran of Russia) under the Ministry of Finance of the Russian Federation".
Natural diamonds are sold at auction in lots. The lot number, information about its composition, the initial price of the lot and the "step" of the auction are indicated in the list of lots of natural diamonds in rough form (with the exception of diamonds weighing 10.8 carats or more) for sale.
Organizations and individual entrepreneurs who have submitted applications that meet the requirements provided for in this notice are allowed to participate in the auction.
To participate in the auction on the basis of a deposit agreement signed by the seller and the applicant, the applicant makes a deposit in the amount of 500,000 rubles, which is transferred by the applicant according to the details specified in the deposit agreement, no later than the day of filing an application for participation in the auction.
Alex Shishlo for Rough&Polished