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It's our responsibility to capture the imagination of future generations towards diamonds

As CEO of Beverly Hills-based Grand Metropolitan - a privately-held luxury goods holding company with a 130-brand portfolio - Vin Lee carries the burden rather lightly on his shoulders. Having migrated from Canada as a baby, it did not take long for...

11 december 2017

‘Non-diamond producing countries shouldn’t lead KP’

Non-diamond producing countries should not lead the Kimberley Process (KP) as was the case last year with the United Arab Emirates (UAE), according to the African Diamond Council and African Diamond Producers Association chairperson...

04 december 2017

Jewellers’ Guild of Russia sees its mission in creating highly developed national jewellery market

In recent years, the Jewellers’ Guild of Russia has noticeably stepped up its activities. Eduard Utkin, General Manager of this Association told Rough & Polished about what is happening in the country’s jewellery sector, the tasks facing the community...

27 november 2017

Any color diamond is a great investment

Bruno Scarselli belongs to the 3rd generation of the Scarselli family, which has for the last half-century been producing and selling some of the world’s highest quality yellow, blue and pink diamonds available on the market. Bruno heads the company...

20 november 2017

It’s crucial everybody feels confident that their suppliers use the System of Warranties - Stephane Fischler

The System of Warranties (SoW) in the diamond industry dates back to 2002, when the World Diamond Council (WDC) in team with the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association...

13 november 2017

ALROSA meets long-term customers

21 april 2017
President of ALROSA Sergey Ivanov took part in an extraordinary business meeting with the company’s long-term clients dedicated to the new contract period.
Participants of the meeting from more than 70 Russian and foreign companies had a chance to discuss diamond market trends, existing market environment, plans for the near future, and the company’s sales structure with ALROSA’s management.
A new 3-year 2018-2020 contract period is to start next year. The list of applicants for long-term agreements will be formed with due account for clients’ relevant applications, completeness of submitted data and based on the analysis of results of trade cooperation between ALROSA and applicants in the period from 2015 to September 2017.
The assortment and volume of goods under a 3-year agreement will be formed on an annual basis. According to ALROSA, the main aim of these innovations is to take into account its customers’ assortment preferences.
“The heart of ALROSA’s sales policy – the sale of the major part of rough diamonds through the system of long-term agreements – will not change. We also intend to preserve all the best practices in our sales system”, emphasized Sergey Ivanov in his speech. “You may rest assured that our sales policy will be improved with due account of our customers’ opinions and market views”, he added.
The business meeting was held within the framework of the ALROSA ALLIANCE program development which unites ALROSA’s loyal clients who meet high standards of business conduct and possess a keen insight in the diamond market.

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