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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 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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