The jewelry giant released preliminary results for the fourth quarter and full year on Monday, with final results slated to come next week.
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 retailer also gave an update on its vendor partnerships.

The award-winning actress is the “epitome of modern allure,” the brand said.

Every jeweler faces the same challenge: helping customers protect what they love. Here’s the solution designed for today’s jewelry business.

The “Bloom” collection draws from the flower power movement of the 1960s and ‘70s with inlay pendants offered in eight colorways.


The unique piece was one of the custom works offered at the foundation's recent silent art auction, which garnered nearly $15,000 in total.

Bulgari named Gyllenhaal as its brand ambassador for his embodiment of artistic depth, intellectual curiosity, and warmth.

With refreshed branding, a new website, updated courses, and a pathway for growth, DCA is dedicated to supporting retail staff development.

Awards were given to four students, one apprentice, and an emerging jeweler.

The top jewelry lot of the late model’s estate sale, hosted by John Moran Auctioneers, was an Oscar Heyman & Brothers for Cartier necklace.

Moses, who started at GIA’s Santa Monica lab in 1976, will leave the Gemological Institute of America in May.

Increased competition, falling lab-grown diamond and moissanite prices, and the rising cost of gold took a toll on the moissanite maker.

The earrings, our Piece of the Week, feature pink tourmalines as planets orbiting around an aquamarine center set in 18-karat rose gold.

“The Price of Freedom” campaign video for International Women’s Day confronts the quiet violence of financial control.

Also, a federal judge has ordered that companies that paid tariffs implemented under the IEEPA are entitled to refunds.

The ever-growing collection, which just expanded with the addition of Olga of Kyiv, features cameos of 12 women from history.

We asked a jewelry historian, designer, bridal director, and wedding expert what’s trending in engagement rings. Here’s what they said.

The annual event will be held in Orlando, Florida, from Sept. 14-17.

The “Outlander” star modeled for the digital cover of the magazine’s spring issue, which features a story on her relationship with jewelry.

This year’s annual congress, which will mark the confederation’s 100th anniversary, will take place this fall in Italy.

Beverly Hills was chosen as the location for the brand’s first store, designed as a “private residence for modern monarchs.”

Kering, Apple, and other retailers have reportedly temporarily closed stores in the Middle East region in light of the recent conflicts.

Beth Gerstein discusses the vibe of the new store, what customers want when fine jewelry shopping today, and the details of “Date Night.”

Nearly half of buyers are prioritizing silver and fashion collections this season, organizers said.

The “Live Now. Polish Later.” campaign features equestrians wearing the brand’s jewels while galloping across the icy plains of Kazakhstan.

The precious metals provider has promoted Jennifer Ashworth to the role.

Nelson will be honored as the inaugural grant winner at the Gem Awards gala on March 13.




















