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In a world where transparency is more and more the standard, our business must address the lab grading issue willingly

Jeweler-Designer Arnaud Flambeau started his career in the jewelry business in 1993 at European Gold Company CLAL as Key Account Manager for the Jewelry Division, where he was in charge of international brands like Cartier or VCA and their subcontractors...

Today

Vallabhbhai Shamjibhai Patel tells about the ongoing construction of the Surat Diamond Bourse

The under-construction Surat Diamond Bourse (SDB) is India's second diamond trading hub based at Surat, Gujarat, spread across 35.54 acres with more than 4,000 offices for national & international traders. On the onset, the project which...

18 june 2018

The strategy of regulating the Russian jewellery industry

At the General Meeting of the Russian Jewellers Guild Association held in April, two principally important documents were adopted: The Strategy of Regulating the Jewellery Industry of Russia and The Charter of a Good Faith Taxpayer. Besides, the issues...

13 june 2018

Our first priority is to better understand artisanal and small-scale mining - Elodie Daguzan

The Diamond Development Initiative (DDI), the organization dealing with the traditional diamond mining, recently announced the appointment of Élodie Daguzan as its first Goodwill Ambassador. Ms. Daguzan, who currently works as head of communication...

04 june 2018

Zimnisky on De Beers’ Lightbox: It’s a strategic, bold move that will benefit the entire natural diamond industry

De Beers shocked all and sundry end of May when it announced the launch of a new company called Lightbox Jewelry, which will market a new brand of laboratory-grown diamond jewellery in September. This effectively meant that the group had departed from...

01 june 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.

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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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