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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

SDiX says diamonds a great safe haven asset

11 october 2017
Singapore Diamond Investment Exchange has created a new investment product called the Diamond Bullion in the form of sets of investment-grade polished diamonds.
Investment diamond sets will have denomination value of about $100,000 and $200,000 each, according to SDiX representative cited by Bloomberg.
“Until now, there was no way people could invest in diamonds in the form which is equivalent to investing in gold,” said Alain Vandenborre, executive chairman and founder of the exchange. “A diamond has absolutely zero correlation with any other asset class, whether it’s commodities, bonds, equities. It’s a store of wealth, it’s a hedge against volatility and you need that in your portfolio.”
The products are issued by the Singapore Diamond Mint Co. The gems are sourced from the wholesale market through De Beers sightholders and Alrosa PJSC, and must be in the top five levels of color and clarity, he added.
The exchange plans to list other denominations in future, and the interest they attract could boost trading volumes and global prices, Vandenborre said, while their real-time pricing is available from the exchange website or the mint’s mobile app.
SDiX, which says it’s the world’s only electronic exchange for trading investment-grade diamonds, has dealt about $165 million of the gemstones since starting in May last year.

Theodor Lisovoy, Rough&Polished, Moscow

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