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Small Majestic Diamonds of Roni Stschik

Roni Stschik is one of the most unusual persons in the jewelry industry, since he is the most diversified professional, being the cutter and goldsmith, process man and innovating inventor, designer and manager of a young, but already famous company named Majestic Jewelry Ltd. Roni belongs to the third generation of diamantaires and inherited not only his family’s love for work with diamonds, but creativity. Jokingly he says that his company registers more patents than any other in Israel.


Igor Tikhov: “It’s Time to Work in Russia”
The Krasnoyarsk Non-Ferrous Metals Plant named after V.N. Gulidov is the world’s only manufacturer, which takes all the existing types of raw minerals to process them into eight precious metals: platinum, palladium, rhodium, iridium, ruthenium, osmium, as well as gold and silver. OAO Krastsvetmet refines about 50% of Russia’s gold and 98% of platinoids. The company’s outlook is described by its General Manager Igor Tikhov.

Elena Obraztsova: "Diamonds make me excited, if the artwork is touched by God’s Spark!”
Her last name meaning “exemplary” suits her as no one else: the artist fanatically devoted to music, the singer for whom her profession is her passion and the paramount sense of life, the magnetic personality, Elena Obraztsova is the first Russian singer who received the status of a legend of the world vocal.

Major Tacks in Geological Exploration to Reproduce Mineral Resources Base of Precious Metals
The mineral resources base of gold in Russia laid in mainly during previous years is sufficient in its bulk to build up domestic gold mining in the longer term. It is composed of reserves harbored by genuine gold ore deposits (5 700 tons), complex deposits (2 600 tons) and alluvial de-posits (1 400 tons).



News

20.08.2008
61st Anniversary of India’s Independence
On 15th of August the Ambassador of India in Namibia made congratulations and welcomed to celebrate the 61st Anniversary of India’s Independence. In his speech he touched upon the issues of collaboration and mutual assistance of India and Namibia

20.08.2008
Namdeb seeking partner in dredge and floating treatment plant venture
The country's biggest diamond mining company, Namdeb, is seeking a partner for the new Beachcomber Dredge and Floating Treatment Plant, the company said in a statemen

20.08.2008
Alrosa Inching Closer to Sight System
A quietly posted press release on Alrosa’s web site serves as a reminder of the Russian diamond mining giant’s slow forward advance toward the establishment of a ‘Sight’ system – a fixed list of clients committed to purchasing large quantities of rough diamonds



Analytics

03.07.2008
Major Trend on Diamond Market

The abrupt jump in prices for large-size and high-quality rough diamonds has triggered heated polemics in the professional medium. Key mining companies’ representatives point to the following unbiased reasons: the necessity to switch over to underground mining substantially contributing to cost increase and the shrinking share of high-quality rough in the current mining pattern due to depletion of major primary deposits.

16.06.2008
Rough Prices Toe the Line for Another Race

Almost all professional diamond marketers have no doubts that rough prices will continue to rise in the near future. However, no one is ready to give an accurate forecast as to the extent the rough quality will push the prices up. Analysts and spokesmen of large companies confine themselves to general enunciations similar to the one recently expressed by the Rio Tinto representatives that “between 2008 and 2016 the demand for diamonds will significantly exceed their supply.” Meanwhile, the polished diamonds market displayed a peculiar trend: large high-quality diamonds sharply rose in prices (from 10% to 15% for the excellent grade stones of 1 to 3 carats and above), whereas prices for small diamonds were virtually left unchanged. It looks like this time diamond dealers have taken the lead and one cannot but agree there is some logic in this strategy.

25.05.2008
Diamond Corner
In 1890 (just two years after De Beers was founded), Britain saw coming off the press The Firm of Girdlestone, the romance written by Sir Arthur Conan Doyle.  One of the plotlines in this book had a straight relation to the diamond market, and the parent of Sherlock Holmes made there two amazing prophesies: he actually predicted a possibility of discovering huge diamond fields in Russia and formulated a theory proving that the diamond market was not in fact a commodity market, but an information market.
17.04.2008
Verkhotina Owners Agreed on Peace
On April 15, 2008 in Moscow, President of OAO Lukoil Vagit Alekperov, Chairman of De Beers Societe Anonym (De Beers) Nicky Oppenheimer, Managing Director of De Beers Gareth Penny, Chairman of Archangel Diamond Corporation (ADC) Bruce Cleaver and Director of ADC Tom Beardmore-Grey signed agreements on ownership rights and development terms for the Verkhotina Area located to the North-West of Arkhangelsk.
18.02.2008
De Beers: Results for the year ended 31 december 2007
Underlying earnings increased 14 percent to US$483 million (2006 US$425 million) while EBITDA remained steady as effective cost management at the Group’s African mining operations offset the impact of slightly lower sales which were constrained by supply to the Diamond Trading Company (DTC).

© 2007 Rough and Polished