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

MICEX Index to Feature 20 New Stocks

26 november 2012

Index Committee of the Moscow Stock Exchange has taken the decision to adjust base for calculation of indices at MICEX and RTS, Lenta.ru reported citing a press release by the stock exchange. MICEX index has included 20 more stocks from the waiting list. These stocks include ordinary and privileged shares of Bashneft, ordinary shares of fertilizers manufacturer Akron, Diksi supermarkets, ALROSA diamond mining company, OGK-2, VSMPO-AVISMA Corporation, and some others.
Meanwhile, none of the stocks listed at MICEX will be excluded from the above list. Therefore, the index will be calculated based on 50 stocks rather than 30 stocks (previously).
The changes will also affect RTS index which will be supplemented by ALROSA and Sollers stocks. The index will further exclude ordinary shares of Bank Saint-Petersburg and privileged shares of TNK BP Holding.
RTS-2 Index is reported to face principal adjustment.
Several securities included to the new lists of indices of the Moscow Stock Exchange will be subject to revaluation of factors defining the share of stocks in free-floating.
The new structure of stock indices calculation and their parameters will be valid from 18 December, 2012.