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Contacts
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Address: Russia, 125047, Moscow, 1-st Tverskaya-Yamskaya st., h.25, build.2.
Tel./fax: +7 (495) 97-22-854
E-mail: almazzoloto@inbox.ru
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Reprint of texts and photos is permitted only with the written consent of the Editors. Reference to the Diamonds & Gold Russia magazine is obligatory when citing. The editors do not always share the authors’ point of view. Read more...© DIAMONDS & GOLD
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 Clauses from number 35
First Ladie is Most Magnificent Jewelry 
To be the first lady of a country or have the status of a crown-bearing person implies many obligations in the choice of jewelry and accessories, but it is so easy to cope with them, if stake on a right designer.
In the Untied States, a beauty Jacqueline Kennedy has always been an eternal icon of elegance and perfect taste for presidents’ wives. She almost always remained committed to the renowned French jewelry house Van Cleef & Arpels.
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A Banker and Former Ministers Will Keep a Wary Eye on Diamonds
ALROSA will for the first time ever have non-executive directors proposed by the Federal Property Management Agency (Rosimuschestvo) (a copy of application was published by Vedomosti).
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ALROSA marketing group is headed by a former De Beers employee Mike Brooker
The financial crisis has affected not only stock exchanges, but the «eternal values» as well, hitting both rough and polished diamonds. To prevent a landslide in prices for rough, the world is major diamond miners were forced to curtail their sales on the market and Russia is ALROSA was no exception in this sense. Now the company is reaching after an efficient sales system which would protect the market from touts. Sergey Vybornov, President of ALROSA, told Interfax about the company is sales strategy, its production schedules and non-core projects.
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Council of the Russian Diamond Manufacturers Association Discussed ALROSA’s Destructive Marketing Policy 
Council of the Russian Diamond Manufacturers Association under the chairmanship of the Association is President V.N. Bogomolov discussed at its session held on April 23, 2009 the situation in the world markets of rough and polished diamonds, the state of the Russian cutting industry, the prospects of its development and the ways of surmounting the crisis.
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Dilip Mehta - «A Jaguar in his Natural Environment»
Who is one of the key people behind the success of Rosy Blue? What are the value’s he appreciates the most?
Mr. Dilip Mehta was born in Mumbai on November 13th 1949. Today he is CEO of the Rosy Blue Group. Together with the other Group Partners Mr. Harshad Mehta, Mr. Arun Mehta, Mr. Russell Mehta and Mr. Amit Bhansali he has succeeded in creating a diamond business with over $ 1.8bn in sales. With offices, factories and stores in 15 countries, Rosy Blue is firmly established across the value chain and in all major diamond and jewelry centers globally.
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Jewelry Asceticism in the Epoch of Financial Turmoils
Jewelers should show simplicity, creativity and minimalism in the epoch of the world financial crisis. A consumer, even if his welfare is above average, will more carefully choose a piece of jewelry to present his or her truelove with, still keeping in mind that the moment of the greatest crisis turmoils is not over yet.
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NEWS 35
Price for Gold - 1300 dollars by 2010
According to the statement of JP Morgan Chase & Co, the gold price could be as high as ,1300 dollars per ounce in 12 months\' time, Bloomberg reports.
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China Outpacing India in Gold Consumption
China overtook South Africa in gold production a few years ago. And now China may soon leave India far behind in gold consumption.
According to World Gold Council data, China’s demand for gold for investment has tripled in 2008 and could rise further this year.
Meanwhile, gold sales in India decreased due to the soaring prices. Even during a traditional wedding season, gold sales remained at a low level because of too high prices.
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Polymetal and Kristall Production Corporation to be Granted the Strategic Status
The governmental commission for stabilization of the Russian economy, which was organized under the chairmanship of Igor Shuvalov, the first vice-premier of the Russian Federation, on May 13, recommended introducing nine companies, including Polymetal and Kristall PC, into the strategic enterprises list.
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China is Diamond Market Growth
China has become one of the world is largest diamond-consuming markets in recent years. Against a recession in the diamond market, marked in the western countries and in Japan, the Chinese diamond market continues demonstrating high rates of growth.
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ALROSA to Renew Diamond Sales
The diamond mining company ALROSA will renew retail diamond sales in May, according to the company’s President Sergey Vybornov.
In order to maintain the price level for rough diamonds, the company stopped diamond sales in the market in December 2008 due to the world financial crisis. In 2008, the Gokhran of Russia spent about $170 million for the additional purchasing of diamonds from the companies besides planned $130 million, and the most part of these means were allocated to help ALROSA.
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Namdeb Set to Resume Operations in July
The diamond mining joint venture between De Beers and the Namibian government, Namdeb, will restart diamond operations at the beginning of July, after three months of suspending manufacture since April 1. However, there is a question, whether it is necessary for the company to restore manufacture to full capacity amid a continuing fall of the diamond market and after the statements of De Beers about the reduction of production volumes till the end of this fiscal year by 40% across the entire group.
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Analysts Forecasts Regarding a Drop of Jewelry Sales
A recession on the U.S. jewelry market had global consequences, journalists note. When workers lose their jobs at the cutting enterprises of India or go to indefinite leave at the diamond mines in Botswana, this tells even upon the wealthiest people of the world. In a recent television interview, Warren Buffett said everything was OK with his investments into the fast food network Dairy Queen, unlike the investments into the jewelry sector, which have simply gone to blazes.
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Gold will be permitted to be traded freely
Russian authorities are preparing some changes to introduce into the Federal Law “On precious metals and gem stones”: it is planned that the state control will concern only extraction and sales of the primary market.
The secondary market, with its relations between managing subjects, should presumably be regulated by market relations. As expected, it will provide more free use of precious metals and stones with no detriment to economic interests of the country.
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Losses of 2 billion rubles
Russia is diamond miner ALROSA posted net loss of 1.969 billion rubles in the first quarter of 2009. In the previous quarter, the company earned 113 million rubles.
In view of the global economic crisis the demand in the world market of diamonds and other gem stones essentially decreased. De Beers, the world’s largest company in this sector, forecasts that sales can fall by half. In 2008, the diamond price fell by 30 percent.
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McLaren racers wearing Steinmetz diamonds 
By tradition, during the Grand Prix of Monaco, McLaren racers will wear helmets decorated with diamonds by the team’s partner – the company Steinmetz.
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The star seller Evelina Bledans
The jewelry company Princess started to implement an original way of customer acquisition. Within the limits of the promotion action «The Star Seller,» a celebrity of the Russian show business acts as a seller of jewelry and a style guide in the jewelry salon Jestina and the watch salon PJ Watches every month.
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