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ALROSA’s diamond cutting and polishing to be headed by Pavel Vinikhin

Pavel Vinikhin appointed as Director of DIAMONDS ALROSA – ALROSA’s cutting and polishing division, one of the largest diamond manufacturers in Russia. In fact, he has been managing the enterprise since October 2016 when he was an acting director.

Yesterday

ALROSA posts financial results for H1 2017

On Thursday, ALROSA published a report on financial results for the period of January-June 2017 in line with the Russian Accounting Standards (RAS), from which it follows that the company's profit before tax amounted to 53.5 billion rubles...

Yesterday

De Beers Q2 diamond output up 36pc to 8.7 million carats

Anglo American said De Beers’ rough diamond production leaped 36 percent to 8.7 million carats in the second quarter of the year.

Yesterday

Rapaport Melee Index stable in 2Q

Melee diamond prices remained stable during the second quarter of 2017, with the Rapaport Melee Index (RMI) for small diamonds unchanged at 108.50 for the period.

Yesterday

Angola’s Lulo more than doubles Q2 output, sales

Sociedade Mineira Do Lulo (SML), which is owned by Lucapa, Endiama and Rosas & Petalas produced 4,203 carats of diamonds during the quarter ended 30 June 2017, an increase of 63 percent from 2,581 carats, a year earlier.

Yesterday

The History of Lab Grown Diamonds: Value Proposition

13 july 2017
(ehudlaniado.com) - I sometimes find it rather strange that the principal pre-occupation of the diamond industry today is the detection of synthetic diamonds unscrupulously passed on as natural. While this is an important issue that must be addressed so as not to undermine consumer confidence in the origin of their purchase, it may not be the most important issue to focus on. At the end of the day, if the synthetic manufacturers and retailers can convince consumers that their product offers a better alternative to natural diamonds, people will buy them.

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