Why do so many jewelers keep lines that are not selling? Peter Smith thinks the answer lies in these two behavioral principles.
Alrosa Calls Off Search for 4 of the Missing Miners
The men have been missing since Aug. 4, when water flooded the Mir diamond mine in Siberia.
Moscow--Alrosa said Tuesday it is calling off the search for four of the eight men who have been trapped underground since an accident nearly two weeks ago at its Mir mine in Siberia.
In an email to National Jeweler on Tuesday, an Alrosa spokesperson said even though they’ve not been able to make contact with the miners, they’ve been able to determine via the electronic tags on the workers’ hard hats that four of the missing miners are on level 210 and the other four are on level 310.
Rescuers have been trying to reach the men ever since water flooded the underground diamond mine on Aug. 4, but Alrosa said rescue efforts have been hampered by metal structures and pipes as big as 325 mm in the rock mass, which they’ve had to cut through with motor drills and gas saws, and by the flooding.
On Tuesday morning, the company said rescue activities on level 310 have been halted because the level of water has risen above 1 meter (3.3 feet), making it too risky for rescuers to get there.
Rescue operations continue on level 210.
The eight men who were trapped underground by the flooding have been identified as as: drill rig operators Alexey Vladimirovich Vlasenko, Dmitry Evgenievich Zhukov and Dmitry Mikhailovich Mariin; shift foreman Valentin Anatolievich Misnik; blaster Igor Anatolievich Stepanov; acting foreman Vitaly Vitalievich Kulikov; stope miner Gleb Alexandrovich Mirontsev; and drill rig operator Mikhail Yurievich Neustroev.
In its email Tuesday, the company did not specify which miners were on which levels.
The underground portion of the Mir diamond mine flooded on Aug. 4 due to what Alrosa has so far described as a “sharp deterioration in mining and geological conditions.”
Initially, the flood trapped a total of 151 workers underground; 142 of them were brought to the surface within hours of the accident, while another man was rescued the following day.
Alrosa said its investigation into the exact cause of the accident continues, though it has noted that Mir was operating in full compliance with all technical and safety requirements.
The Russian government has launched an inquiry as well.
The Latest
The “Argyle Phoenix” sold for more than $4 million at the auction house’s second jewels sale.
The annual list recognizes young professionals making an impact in jewelry retail.
Despite the rising prices, consumers continue to seek out the precious metal.
Owner David Mann is heading into retirement.
While overall sales were sluggish, the retailer said its non-bridal fine jewelry was a popular choice for Valentine’s Day.
Christie's is selling one of the diamonds, moving forward with its Geneva jewelry auction despite the cyberattack that took down its website.
Tradeshow risks are real. Get tips to protect yourself before, during and after and gain safety and security awareness for your business.
The ad aims to position platinum jewelry as ideal for everyday wear.
Retailers can customize and print the appraisal brochures from their store.
The move follows a price-drop test run in Q4 and comes with the addition of a “quality assurance card” from GIA for some loose diamonds.
The site has been down since Thursday evening, just ahead of its spring auctions.
The late former U.S. Secretary’s collection went for quadruple the sale’s pre-sale estimate.
Three fifth graders’ winning designs were turned into custom jewelry pieces in time for Mother’s Day.
Kimberly Adams Russell is taking over the role from her father, David Adams, marking the third generation to hold the title.
As a token of womanhood, this necklace depicts when Venus was born from the sea.
The deal gives the retailer control over the distribution of Roberto Coin jewelry in the U.S., Canada, Caribbean, and Central America.
Show your mother some love with a piece of fine jewelry.
The company’s Easton location will remain open.
Brian D. Fleming of Carla Corporation was elected to serve a one-year term in the role.
Sponsored by the Las Vegas Antique Jewelry and Watch Show
Tobak, author of “Ice Cold: A Hip-Hop Jewelry History,” shares how the exhibition came to be, and the pieces people may be surprised to see.
Stars adorned themselves in emeralds, platinum, and myriad bird motifs, writes Associate Editor Natalie Francisco.
M.S. Rau is set to open a seasonal gallery in the high-end resort town early next month.
The branded jewelry market is thriving, said Richemont Chairman Johann Rupert.
The six designers, all participants in the show’s Diversity Action Council mentorship program, will exhibit in Salon 634.
The highlight of his collection is the coveted Patek Philippe Grandmaster Chime, which could sell for up to $5 million.