Crown, which originally was used at the coronation of all Russian monarchs, starting with Catherine the Great, will be brought to Israel under the auspices of the Russian diamond mining company Alrosa.
The crown contains 11,352 diamond weighing 1,180 carats. All the stones are made of raw materials mined by ALROSA and product cost is estimated at $ 20 million. The crown was created Smolensk "Crystal", Russia's leading diamond cutting now, in honor of the 250th anniversary of the crown.
In addition, Alrosa IDWI show particularly large and unusual polished and rough stones weighing from 10 to 199 carats, and some of them will be included in the company's requirements.
ALROSA President Andrew Zharkov will be the guest of honor IDWI and open a new international tender center of the Israel Diamond Exchange (Israel Diamond Exchange, IDE).
A replica of the crown, which has been shown in various exhibitions throughout Russia, has become the central attraction of the exhibition dedicated to Catherine the Great, in the Amsterdam Hermitage on the Amstel with June 2016 on January 2017. She watched 400,000 people since its inception in 2012.
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Last week, representatives of the opposition forced the mining minister of Zimbabwe, Walter Chidhakwa, to explain where the proceeds from the sale of diamonds in that country were directed.
Portal New Zimbabwe.com reports that the minister was also required to explain the government's policy regarding the mining industry in general and the diamond sector in particular. Chidakwa also wondered why Zimbabwe could hardly maintain the economic recovery, while Botswana's annual diamond revenues amounted to about $ 8.4 billion.
In its response to the members of the opposition party, the minister told that the state needs to conduct geological exploration of the country's mineral resources Before issuing mining licenses to mining companies.
" We managed to record the presence of minerals in the Marange region, and we decided to allocate concessions to a number of companies together with ZMDC (Zimbabwe Mining and Development Company), Chidakva noted.
"Currently, in the country, according to various estimates, there are 105-159 kimberlites. " "The question is, where did the revenues from diamond trade go, given that 25% of all diamonds in the world are in the bowels of Zimbabwe?" One of the Members of the opposition party,
according to the New Zimbabwe portal, independent reports indicated significant amounts of corruption and embezzlement in the country's diamond sector.
Recently Chidakva said that the drop in diamond mining was so strong that he is no longer sure whether the diamond industry in Zimbabwe .
Diamond mining in Zimbabwe has been declining since 2012, when it reached its peak.
According to the latest data released by the Kimberley Process (KP), diamond mining in Zimbabwe fell by 56% to $ 238.6 million in 2014, and the volume of mined stones by 55%, to 4.71 million carats.
In September, the export of Swiss watches fell, as the watch market in the US showed the strongest monthly drop in five years, raising doubts about the watchmaking industry's prospects this year, Rapaport reported. It is also noted that the import of watches has also fallen in Asia.
Sentry exports from Switzerland in the reporting period fell to 1.8 billion francs, down 7.9% from the same period last year. This year, exports are falling for the third time after May and July, the Swiss Watch Federation reported on October 20. The export of watches to the USA fell immediately by 17.6%, while in Hong Kong and China - by 18.2% and 13% respectively.
The fall was recorded in all price segments. The strongest decline - 14.5% - occurred in the segment of 200-500 francs. Hours worth more than 500 francs showed a decline of 7% in terms of both volume and total value.
"Bad results continued to be received mainly in Asia," the Swiss federation said in a statement.
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