Sarine’s David Block: Diamond Industry at Standstill Until Chinese Demand Returns

David Block is CEO of Israel’s Sarine Technologies and has served in the position since 2012. In this exclusive interview for Rough and Polished, Block gives his opinion on the leading issues affecting today’s diamond trade.

11 september 2024

Dr M'zée Fula Ngenge: Demand for considerable-sized diamonds stronger than ever

The African Diamond Council (ADC) chairperson Dr M'zée Fula Ngenge told Rough & Polished’s Mathew Nyaungwa in an exclusive interview that although overall global diamond prices have been somewhat soft, the demand for considerable-sized diamonds...

02 september 2024

Amplats sees prospects as a standalone company

Anglo has revealed its plans to demerge Anglo American Platinum (Amplats), which has operations in South Africa and Zimbabwe, to optimise shareholder value. Rough&Polished contacted Amplats to comment on this and other issues but was referred...

19 august 2024

WFDB President Yoram Dvash Remains Confident Despite Global Diamond Challenges

Yoram Dvash is President of the World Federation of Diamond Bourses (WFDB) having been elected in 2020. He found time in his busy schedule to speak to Rough&Polished about the state of the diamond industry around the world and some of the major...

12 august 2024

Lyudmila Vysotskaya: Amber is a mystical stone, a living substance

Lyudmila Vysotskaya is a Kaliningrad-based amber artist and designer, expert, chairwoman of the Amber Academy and member of the Creative Union of Artists in Decorative and Applied Arts. This summer, visitors could admire the art works by Lyudmila Vysotskaya...

30 july 2024

ALROSA drills freezing wells for underground expansion of Mir mine

29 july 2024

ALROSA employees have started drilling 84 freezing wells at the construction site of the Mir-Gluboky underground mine, the press service of the Russian diamond mining company reports.

Drilling is being carried out by its subsidiary ALROSA-Spetsbureniye (Specialized Drilling). The depth of the wells will be 550 meters. After completion of the drilling work, a coolant will be supplied to the wells to form an ice-wall. This will prevent groundwater from penetrating the works from the aquifer and allow mine builders to safely carry out construction.

"There are two stages of construction. The first stage that ALROSA-Spetsbureniye has initiated involves drilling the so-called "cups" to a depth of 0 to 50 meters. The second stage is drilling to a depth of 50 to 550 meters. We must complete the work in the first quarter of 2025,” said Kirill Degtyarev, CEO of ALROSA-Spetsbureniye.

ALROSA began preparatory work on the construction of the Mir-Gluboky underground mine at the end of 2023, and in May 2024, the project received an approval from Russia’s Main State Expertise. The underground part of the Mir mine will be built to the highest standards of environmental and industrial safety, ALROSA said.

Theodor Lisovoy, Editor in Chief, Rough&Polished