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Pavel Vinikhin: ALROSA will make a worthy contribution to the revival of the ‘Russian Cut’ Brand

ALROSA is known as the largest diamond mining company throughout the world. However, not everyone is aware that it has its own diamond-cutting division. For a long time, the activity of DIAMONDS ALROSA remained in the shadows, only occasionally attracting...

16 october 2017

William Lamb: Lucara now knows best routes to market large stones

Lucara Diamond recently announced that Graff Diamonds had bought its 1,109 carat diamond Lesedi La Rona for $53 million. The stone, which is the world’s second largest diamond found since the discovery of the 3,106-carat Cullinan diamond in 1905, failed...

09 october 2017

GSI was the first in the world to begin testing of smaller size diamonds in bulk and has never looked back since - Mark Gershburg

With more than 30 years of experience in the gem lab sector under his belt, Mark Gershburg is an industry veteran widely popular in the global gem and jewelry industry. He began his career in 1980 as a grader but his professionalism, creativity, and...

02 october 2017

Gaetano Cavalieri: Over the long term, demand for diamonds is likely to grow at a steady pace

The World Jewellery Confederation (CIBJO) represents the entire jewelry industry embracing a whole variety of companies, from those mining precious metals and gems to those, which are manufacturing and selling final products. The confederation...

25 september 2017

“I am bullish on the future of the diamond business. Three reasons for this optimism... new discoveries, extending mine life and the increasing demand for diamonds”, says Martin Leake

Martin Leake is a PhD exploration geologist and Six Sigma black belt who has been involved in the rough diamond market since 2004. He worked for BHP Billiton for 22 years and recently left Grib Diamonds where he helped set up a world-class marketing...

18 september 2017

ALROSA mined a unique 34.17-carat yellow diamond

Yesterday

ALROSA’s affiliate Almazy Anabara has extracted a large 34.17-carat yellow diamond. It is the largest fancy-colored rough diamond extracted by the Company this year.

ALROSA increased physical sales in H1 2107

Yesterday

This was announced yesterday by the company's president Sergey Ivanov at a meeting with Deputy Prime Minister Yury Trutnev in Yakutsk, according to a statement released by the press service at the Head of the Republic of Sakha (Yakutia). The increase was possible due to an improved situation in the diamond market in the first half of 2017.

Diamond aggregation to fill the gap in SA, says De Beers

Yesterday

De Beers Consolidated Mines (DBCM) said diamond aggregation will help its clients in South Africa access stones despite the closure of the Voorspoed mine and the company’s failure to secure exploration licences.

SML Q3 revenue down 14pc y-o-y to $8.8m, says Lucapa

Yesterday

Sociedade Mineira Do Lulo (SML), a joint venture company between Lucapa Diamond, Endiama and Rosas & Petalas, raked in $8.8 million from two sales of Lulo alluvial diamonds in Angola during the September quarter.

Dubai's Nemesis International to cut 813ct. Constellation diamond

Yesterday

Nemesis International, UAE’s first diamond polishing facility that was opened recently during the Dubai Diamond Conference (DDC) 2017, has been tasked with cutting and polishing the world’s most valuable rough diamond.

Botswana Diamonds eyes maiden inferred resource at SA project by year-end

Yesterday

Botswana Diamonds is expected to declare an inferred resource by year-end at its Thorny River project in South Africa.

ALROSA to implement production control system

19 october 2017

ALROSA launched a project to implement a production control system of the MES (Manufacturing Execution System) class at the Aikhal plant. The new system is designed to provide operational and administrative personnel of ALROSA with structured data on the work and balance of production, execution of production plans, as well as technical and operational performance of the equipment. With positive results of the pilot project, a similar system will be implemented at all other ore mining and processing enterprises of ALROSA.

DDC concludes with numerous highlights

19 october 2017

Numerous important events took place during the last day of the Dubai Diamond Conference (DDC) 2017 organized by the Dubai Diamond Exchange (DDE), a Dubai Multi Commodities Centre (DMCC) platform.

Petra fails to meet FY 2017 production guidance

19 october 2017

Petra Diamonds, which has operations in South Africa and Tanzania, said it failed to meet its production guidance of between 4.4 and 4.6 million carats for the fiscal year 2017.

Richemont reports pickup in sales in H1 2017

19 october 2017

Richemont, a luxury jewellery company, has reported its sales rose 10% in the first half of 2017 compared to the corresponding period of the previous year, as per requirements of the SIX Swiss Exchange.

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