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Water level in the shaft of Mir rose to -273.7 meters

A regular shift of the search and rescue operation at Mir started its work underground this Saturday morning and cleared 17 meters of mine workings from obstructions, according to the statement released by the press service of ALROSA. The rescue teams...

Yesterday

ALROSA starts to move Mir Mine workers to other jobs

ALROSA has started to implement its CEO’s order to move the workers of the Mir Mine to other jobs, the company's press service says. The heads of the diamond miner’s divisions in team with production, personnel and social departments of the company...

18 august 2017

Investor creates a rough and polished diamond cluster in Vladivostok

Eurasian Diamond Center (EDC), based in the Free Port of Vladivostok (FPV), creates an infrastructure cluster bringing together companies operating within the diamond industry and focused on export-import operations with Asia-Pacific...

18 august 2017

Diamond Tycoon arrested in money laundering investigation

Israel's Police has arrested Israeli diamond and mining tycoon Beny Steinmetz and four others in a money-laundering investigation case, involving real estate deals abroad, as per media reports.

18 august 2017

Gem Diamonds H1 revenue drops, receives offer for Botswana mine

Gem Diamonds said its revenue for the six months to June 30, dropped 14 percent to $93 million from $109 million a year earlier.

18 august 2017

Last week ALROSA introduced a unique collection of diamonds named ‘The Dynasty’ manufactured at its cutting and polishing facilities

10 august 2017

The media preview of The Dynasty collection was held at the Moscow Four Seasons Hotel located near the walls girdling the Kremlin. All the five top quality diamonds in The Dynasty collection were manufactured by the cutters and polishes of Brillianty ALROSA, a cutting and polishing division of ALROSA Group, from a 179-carat rough diamond recovered from the Nyurbinskaya kimberlite pipe in Yakutia in 2015. The Romanovs, a unique rough diamond, was a good reason to choose the name for the collection, which is connected with ALROSA’s intention to revive the traditions of the renowned Russian cutting and polishing art and to keep the memory about the Russian jewelers famous for their craftsmanship since the first cutting factory founded by Peter the Great in the early 18th century.
 
Each of the five diamonds is named after the dynasties that played a crucial role in the development of the Russian jewelry. The Dynasty, the main 51.38-carat round diamond is a 57-facet traditional one, Triple Excellent, D colour, VVS1 clarity, and as to its overall characteristics, it is one-of-a-kind in the history of Russia. It is emphasized in the company’s press release, that it is the best clarity diamond and most expensive one ever cut in our country.

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The second largest 16.67-carat round diamond was named The Sheremetevs. The Orlovs diamond is a 5.05-carat oval one. The Vorontsovs diamond is a 1.73-carat pear-cut polished stone. The Yusupovs is a 1.39-carat oval diamond.

sheremetevy.jpg

The collection was unveiled in St.Petersburg, at the Faberge Museum, which is symbolic in its way. In Moscow, Sergey Ivanov, President of ALROSA, and Pavel Vinikhin, Director of the company’s cutting subsidiary Brillianty ALROSA, presented the collection at the media previewing.

Pointing to the unique character of the collection, Sergey Ivanov said, “It took a year and a half to create the collection, but the result was worth it: we have obtained amazing quality diamonds. And the main diamond, The Dynasty, has become the highest clarity one among the largest diamonds polished throughout the history of jewelry art in our country. The whole collection was certified by the Gemological Institute of America (GIA) to confirm its unique characteristics. Less than 1% of diamonds in the world have such characteristics as the Dynasty’s D color and VVS1 clarity. And such characteristics of polished diamonds obtained from one rough diamond are exceptional.” Summing up at the viewing event, the diamond miner’s president called the collection “a chef d'oeuvre of Russian polishers” thereby highly appreciating the craftsmanship of the Brillianty ALROSA company that went through the entire process of turning a rough diamond into a polished one – from the computer-aided planning to cutting and polishing. 

Pavel Vinikhin, Director of Brillianty ALROSA, noted that the creation of The Dynasty collection was of great importance and was “a new stage in the development of the ALROSA’s cutting subsidiary” that will actively develop polishing of extra-large and colored diamonds. "The work on The Dynasty demonstrated that we can do it at the highest level. We work a lot on the process, combine modern technologies with the know-how of the jewelers of the Russian Imperial Court. And we expect that the revival of their traditions will be a worthy contribution to the promotion of the Russian jewelry stones’ brand in the global market."

The $10 mln worth of polished diamond collection (initial valuation) will be displayed in September in Israel, in October in Hong Kong, then in the USA and after all the shows it will be sold at the auction.  The auction will be held on the online site of the ALROSA Group (to take part in the auction you are welcome to apply on the special collection’s website dynasty.alrosa.ru) and it will launch the online sales of the diamonds on the company’s website).
Sergey Ivanov, the recently appointed president of ALROSA, told the representatives of the industry media about the latest achievements of ALROSA, its cutting and polishing operations in Moscow and Barnaul, about the government’s decision to cut and polish very large diamonds recovered at the company’s mines and also answered the questions about the company’s production and sales expectations. “Right now, we are taking the decision on the development strategy of our subsidiary, Brillianty ALROSA, and we see that it is possible to maximise the value of the cutting operations, also via the cutting of unique and colour stones, so I am sure that this venue will be further used to sell unique stones,” he said. The President of ALROSA assured those attend that upon the approval of this strategy in a month or two, the plans would be released.

In the press release on this event, it is also mentioned that the rough diamonds at the Nyurbinskaya pipe are estimated to be 365-390 years old. It also says that over the last 25 years, not a single polished diamond could come near to The Dynasty diamond in the clarity and colour characteristics. The 80.59-carat polished diamond Zvezda Viluiska (the Star of Viluisk) sold this year at the Diamond Week in Israel was the largest round polished diamond manufactured by the Brillianty ALROSA company. Its clarity and colour characteristics, however, cannot compare with those of The Dynasty. Moreover, the ALROSA 52.26-carat pear-cut diamond was sold in spring 2015 (this cut is less valuable than the classical round one). The rough diamond used to make this polished one was also extracted at the Nyurba Mining and Processing Division.
 
Galina Semyonova for Rough&Polished

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