DiamondBuzz
Alrosa’s Severalmaz hits 2025 production targets despite market slump
Severalmaz, a key branch of the Russian diamond giant Alrosa, has successfully hit its production goals for 2025. Despite a difficult year for the global diamond industry, the company reported that its mining and processing levels actually exceeded its original targets.
Throughout the year, Severalmaz maintained a high level of activity in the Arkhangelsk region, effectively exceeding its operational goals with ore output reaching 102% and processing hitting 104% of the original plan. These steady operations ensure that Severalmaz remains a vital asset for its parent company, accounting for approximately 10% of Alrosa’s total diamond supply.
Beyond its mining achievements, the company played a significant role in supporting the local economy by contributing over 2.4 billion rubles in taxes to regional budgets. Additionally, it invested 50 million rubles into social initiatives, funding essential community projects such as school repairs, the restoration of cultural heritage sites, and the development of local sports and creative groups.
Severalmaz runs the Lomonosov plant, which mines two major sites: the Arkhangelskaya and Karpinskogo-1 pipes. While the global diamond market has faced lower demand recently, these results show that Alrosa’s regional operations remain steady and productive.
DiamondBuzz
Dubai Diamond Exchange Expands Board With Three New Appointment
New Board Appointments Strengthen DDE’s Expertise In Global Markets, Governance and Responsible Sourcing.
The Dubai Diamond Exchange (DDE), part of DMCC, has expanded its Board of Directors with the appointment of Neil Ventura, Weizhang Liang and Wafa Jaffery, strengthening its leadership across global diamond markets, governance and responsible sourcing.
The board will continue to be chaired by Ahmed Bin Sulayem, Executive Chairman and Chief Executive Officer of DMCC. The new appointments are aimed at reinforcing Dubai’s position as a leading hub for the global diamond and precious stones trade.
Neil Ventura joins as Member and Secretary of the DDE Board. He brings more than 35 years of experience across mining, trading, jewellery and technology, having held senior roles at De Beers and Anglo American. He currently serves as Special Advisor to DMCC’s Precious Stones Ecosystem.
Weizhang Liang, former President of the Guangzhou Diamond Exchange and China’s Kimberley Process focal point for over 15 years, joins the board with extensive expertise in international diamond policy and the Chinese market. He also advised the UAE’s Kimberley Process Chairmanship in 2025.
Wafa Jaffery, a longstanding member of DMCC’s Precious Stones team, was elected to the Board of Directors of the World Diamond Council in 2026. She also serves on the Kimberley Process Task Force and the Responsible Jewellery Council Standards Committee.
Ahmed Bin Sulayem, Chairman of the Dubai Diamond Exchange, said:
The appointments would enhance the exchange’s ability to support the industry’s growth and evolution.
“The strength of the Dubai Diamond Exchange has always been built on the depth of expertise within DMCC’s precious stones ecosystem. These appointments reflect the calibre of leadership that DMCC has developed over many years and reinforce Dubai’s position as one of the world’s leading centres for the diamond and precious stones trade.”
The DDE is the world’s largest diamond tender facility and a major marketplace for rough and polished diamonds, coloured gemstones and pearls. Operating within DMCC, it provides infrastructure and trading facilities that connect miners, manufacturers, traders, financiers and retailers across the global diamond supply chain.
Candere Announces Smriti Mandhana As Its New Brand Ambassador
Precious Metals Rebound As Fed Rate Fears Ease
GJEPC Represents Mumbai’s GJ Sector At ODOP Award Assessment
Indriya, Aditya Birla Jewellery, Sets A New Industry Standard With Diamonds Of The Highest Sparkle
Ministry Of Good Souls Unveils Its New Bridal Collection In Bespoke 925 Sterling Silver
Hazoorilal Legacy Debuts ‘Facets’, An Avant-Garde High Jewellery Collection
-
BrandBuzz3 days agoIndriya, Aditya Birla Jewellery, Sets A New Industry Standard With Diamonds Of The Highest Sparkle
-
National News3 days agoMinistry Of Good Souls Unveils Its New Bridal Collection In Bespoke 925 Sterling Silver
-
BrandBuzz3 days agoHazoorilal Legacy Debuts ‘Facets’, An Avant-Garde High Jewellery Collection
-
JB Insights19 hours agoThe First Gold Story: How Gen Z Is Celebrating Their First Salary
JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.