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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

IIDGR’s proprietary technology gives polished diamonds unique identity

The International Institute of Diamond Grading & Research (IIDGR), a unit of the global diamond giant, De Beers, grades natural stones and is also using its proprietary inscription technology to inscribe a unique identification on tables of each...

07 november 2017

In future, only those who offer innovative designs will survive

A science graduate from Madras University, Srinivasan's one-man venture with just 10 employees launched in 1984 has now grown into the present Emerald Group, in about 3 plus decades. The Group from Southern India is one of the largest jewellery manufacturing...

30 october 2017

Conditions are still very difficult - Ernie Blom

Ernie Blom, the President of the World Federation of Diamond Bourses (WFDB) for the third term, has served on a range of industry bodies as an executive as well as chairman for many years, including Chairman, Diamond Dealers Club of South Africa...

23 october 2017

ALROSA sells all the auctioned large diamonds at EEF

12 september 2017
ALROSA summed up the results of two auctions for rough and polished diamonds that were held at the Eastern Economic Forum. The company sold all 45 auctioned rough diamonds and 33 of 36 polished diamonds.
The United Selling Organization (USO) of ALROSA organized previews of special size rough diamonds of 10.8+ carats from August 21 to September 6. The results were summed up on September 7. The company sold all 45 auctioned rough diamonds with total weight of 1,293 carats. Total revenue from the sales amounted USD 14.8 million.
"Like last year, we note a high interest in the auction. About 50 companies from the US, India, Israel, Belgium, China and UAE participated in it. The most expensive lot was sold for nearly USD 1.75 million", ALROSA Vice President Yury Okoyomov said.
Furthermore, from August 22 to September 5, DIAMONDS ALROSA, the company's own cutting and polishing division, held an auction for polished diamonds, where 33 of 36 offered stones from 2 to 12 carats in size were sold.
"Almost all diamonds we offered at the auction were sold at significant premium to starting price. Total sales volume amounted USD 1.7 million", Pavel Vinikhin, Director of Diamonds ALROSA, said.
ALROSA's division in Vladivostok which organized auctions is in charge of sorting, preliminary valuation, pre-sale preparation and sales of all ALROSA’s rough diamonds.

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