Linda Coutu is rejoining the precious metals provider as its director of sales.
8 Miners Missing Following Flood at Diamond Mine
The men have been trapped underground since Friday, when water poured into the underground portion of Alrosa’s Mir mine in Siberia.

Moscow--Eight miners at Alrosa’s Mir diamond mine are still missing following a flood at the mine Friday.
According to Alrosa, a “sharp deterioration in mining and geological conditions” caused an “uncontrolled in-rush of water” into Mir underground, trapping 151 miners.
The mining company immediately launched its emergency response plan and rescued 142 workers within hours of the accident. Another worker, Alisher Ismailovich Mirzaev, was brought to the surface Saturday.
As of Wednesday morning, eight miners remained underground: 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.
Unable to get to the trapped miners using the planned routes, Alrosa said Tuesday that seven rope technicians descended the slopes of the open-pit portion of Mirny to reach water-collecting wells, but added that the attempt to get in touch with the missing miners by tapping was unsuccessful.
More than 330 people and over 30 units of equipment are involved in the search, which continued as of Wednesday morning. The rope technicians will try to get in touch with the miners again today, according to the diamond miner.
Alrosa said its emergency warning and location determining system saved the lives of dozens of miners, including Mirzaev, the miner brought to the surface Saturday who was spotted at the underground level 410 due to his radio location mark.
The marks also have helped rescuers establish where they believe the eight still-missing miners were at the time of accident.
The Mir mine is under the umbrella of the Mirny mining and processing division, which is Alrosa’s oldest MPD.
Mir underground has been in operation since 2009 and is expected to produce 1 million tons of ore per year up to 2043.
Alrosa said the mine was operating in full compliance with all technical and safety requirements, and passed the Main State Expert Review board and repeated expert appraisals of industrial safety. It added that Mir underground has never had its operations suspended due to a pre-emergency or emergency situation.
The company has suspended Mikhail Lopatinsky, director of Mirny MPD, until it completes a post-accident inspection of the site.
In addition, Alrosa confirmed that the Investigative Committee of the Russian Federation has launched its own inquiry into the accident.
The Latest

The Signet Jewelers-owned store, which turned 100 last year, calls its new concept stores “The Edit.”

The supplier has a curated list of must-have tools for jewelers doing in-house custom work this year.

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

Footage of a fight breaking out in the NYC Diamond District was viewed millions of times on Instagram and Facebook.


Sparkle with festive diamond jewelry as we celebrate the beginning of 2026.

The master jeweler, Olympian, former senator, and Korean War veteran founded the brand Nighthorse Jewelry.

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

In its annual report, Pinterest noted an increase in searches for brooches, heirloom jewelry, and ‘80s luxury.

Executive Chairman Richard Baker will take over the role as rumors swirl that a bankruptcy filing is imminent for the troubled retailer.

Mohr had just retired in June after more than two decades as Couture’s retailer liaison.

This year’s good luck charm features the mythical horse Pegasus, and is our first Piece of the Week of the new year.

Articles about crime, engagement rings, and a necklace worn in the World Series generated the most interest among readers.

As part of the leadership transition, Sherry Smith will take on the role of vice president of coaching strategy and development.

It marks the third time the country has headed the Kimberley Process. Ghana will serve as vice chair.

The new Bulova x Stetson designs highlight two animals often associated with the American West—the bison and the Texas Longhorn.

Its residency at Yamron Jewelers will run through May 2026.

From influential executives to innovative designers, we pay tribute to the people we said goodbye to this year.

The retailer is expanding into areas with large Indian and South Asian populations.

The Italian brand has opened its first flagship amid the peaks of the Dolomites in Madonna di Campiglio, Italy.

The new curation at the Natural History Museum of Los Angeles County showcases rare gem and mineral specimens in their uncut, natural state.

The couple pleaded guilty to concealing at least $127 million in cash transactions at its precious metals businesses.

Consumers shared concerns about prices, inflation, tariffs, trade, and politics in the survey’s write-in response section.

In February 2026, the auction house will move its headquarters to the former Steinway Hall, a neoclassical landmark on Billionaires’ Row.

The new show will take place Jan. 23-25, 2026.

The former BHP Billiton leader and Gemfields chairman is remembered for his influential leadership throughout his 50-year mining career.

The LVMH-owned brand has partnered with the costume design union to revamp its award for 2026.




















