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Lucapa to become a niche diamond company, says Wetherall

Lucapa Diamond believes that it will become the only company in the world with multiple diamond mining operations whose average diamond value is in excess of $1,000 per carat, once the Mothae mine is commissioned this year. Company chief executive and...

19 february 2018

Zimnisky: Diamonds lack fungibility to be a major investment product

Physical diamonds will never be a viable widespread investment product simply because they inherently lack fungibility, meaning they are all unique, according to Paul Zimnisky, an independent diamond industry analyst and consultant, who is based in New...

12 february 2018

Julien-Vincent Brunie: "Being surrounded by beauty and art is a privilege!"

This last December, shortly before Christmas, the Auction House of Christie's arranged a private display of jewelry in Moscow. The correspondent of Rough & Polished, who had an opportunity to visit this event, was able to admire a luxurious collection...

05 february 2018

Ali Pastorini: We would like meeting Mujeres Brillantes 2018 to be held in Russia

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together approximately 500 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

29 january 2018

Diamond Exchanges promote healthy development of the diamond industry, besides safe and basic infrastructures for diamond trade

Prior to joining the Guangzhou Diamond Exchange, Liang Weizhang served as a civil servant of Guangdong Entry-Exit Inspection & Quarantine Bureau as the director of the Kimberley Process Office. He participated in the KP Review missions to South Africa...

22 january 2018

ALROSA recovered a unique pink 27.85-carat diamond

22 september 2017
"Almazy Anabara", a subsidiary of ALROSA, recovered a large pink rough diamond weighing 27.85 carats. This is a unique discovery: by far the largest company's pink rough diamond had a weight of about 4 carats. If the company decides to cut this stone, it could become the most expensive polished diamond in the history of ALROSA.
The rough diamond has dimensions of 22.47 x 15.69 x 10.9 mm. The pink stone is of gem-quality and almost free of inclusions.

pink_4.jpg

Most often ALROSA recovers pink and other colored diamonds at Severalmaz kimberlite pipes or placer deposits of "Almazy Anabara". Colored diamonds weighing over 10 carats are extremely rare and recovered about once a year. As for the pink shades, by far the largest pink diamond of ALROSA weighed 3,86 ct - it was found by "Almazy Anabara" in 2012. Apart from this stone, for the last 8 years ALROSA recovered only 3 pink diamonds weighing over 2 carats.
"The unique characteristics of the diamond make it an extraordinary, rare stone of high value. Currently, experts of United Selling Organization of ALROSA and the company's polishing division DIAMONDS ALROSA are examining the stone to make the decision: whether to auction it as a rough or cut it into polished diamond. Large stones, especially colored, are always in demand at auctions. But if the company decided to cut it, it would become the most expensive diamond in the entire history of ALROSA", - said Evgeny Agureev, the head of USO ALROSA.

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