Vladimir Rybkin, Head of Gohran of the Russian Federation, answered the questions put by the correspondent of Rough&Polished.
Namibia’s leading diamond producer, Namdeb revealed recently that its output for 2009 was expected to be less than half that of last year. The company said it was also experiencing lower quality ore at its land operations and would not raise production until its brownfield expansion projects materialised. Rough & Polished’s African Bureau Editor Veronica Novoselova had an interview with Namibia’s Diamond Commissioner, Kennedy Hamutenya who spoke widely on the operations of Namdeb.
The Institute for Regional Economy of the North is currently the only scientific entity in Russia called to develop scientific grounds for economic policy, development of market economy, social and economic policy and rational accommodation of productive forces and branches of the national economy in the North taking the Republic of Sakha (Yakutia) as an example. Mikhail Nikolayev, Doctor of Economics and First Deputy Director of the Institute, in his interview to Rough&Polished told about the activities of this scientific body.
Dror Galili is Vice President, Business Development of the big-league global diamond group, Almod Diamonds, which owns the largest Caribbean retail chain, DI Diamonds International. He is also the Regional Director of its subsidiary, Almod Namibia. Dror Galili answered the questions posed by Veronica Novoselova, Rough&Polished African Bureau editor.10.03.2010
Speculative Potential of Long-Term Contracts
In early 2009, ALROSA tied up long-term (mainly three-year) contracts for selling rough diamonds with 15 large Belgian and Israeli diamond dealers. The pattern for selecting clients to this pool included such pronounced criteria as a stable need in rough diamonds; available own free funds; absence of problems with specialized banks; and a rather low leverage.
09.03.2010
More China-Africa deals expected in the next two years - Beijing Axis
Beijing Axis, a cross border facilitator working with Chinese mining and natural resources companies is convinced that the mining industry could expect more China-Africa deals in the next 24 months.
26.02.2010
‘Opening’ ALROSA: Moving to Market and Opportunity of IPO
ALROSA, very hard-pressed last summer, is recovering: its credit ratings are restored, the company is re-structuring its debt and there is open talk about turning it public.
24.02.2010
The Worst Diamond Scenario
Everything would go well if the current world crisis were just a prosy business cycle, despite of its bad after-effects. However, its worst result for the global diamond industry may lay in a fundamental change of people’s attitude towards diamonds.
15.02.2010
Not so fast, Mbada told, as Zim diamond circus continues with no epilogue in sight
Developments in Zimbabwe’s fledgling diamond sector are a real circus and it continues to surprise many who would want to see its epilogue soon.