Young people in China have become the main force of jewellery consumption

Armed with a Bachelor's degree from Beijing Normal University, Zhuhai, as well as majoring in Franchise Management, Wang was greatly influenced by his parents in the field of jewelry. This has resulted in his unique opinions about innovative design...


ZCDC re-orients diamond valuation plan as it seeks ‘right market price’

At some point experts claimed that the Marange diamond fields contained between 2 and 7 billion carats of raw diamonds and that Zimbabwe was sitting on over 25 percent of the known diamond deposits in the world. Others even put the value of the Marange...

12 march 2018

Art historian Valentin Skurlov: "Faberge, like all court jewelers, actively used diamonds"

Valentin Skurlov is a historian of jewelry art, a candidate of art history, an honorary academician of the Russian Academy of Arts, a scientific secretary and a herald master of the Faberge Memorial Foundation, and a research consultant for the Fabergé...

05 march 2018

Ari Epstein: The diamond trade is stable again

Ari Epstein, CEO of the Antwerp World Diamond Centre (AWDC), dwelled on the results of the past year and the current situation in the diamond market in his interview to Rough&Polished.

26 february 2018

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

ALROSA sold rough and polished diamonds worth almost USD 4.3 billion

11 january 2018
ALROSA Group, the world leader in diamond production, announces diamond sales results for December and interim results for 2017.
In December 2017, ALROSA Group sold USD 237.8 million worth of rough and polished diamonds. Rough diamond sales by value amounted to USD 228.3 million, polished diamond sales – USD 9.5 million.
According to preliminary figures, ALROSA’s rough and polished diamond sales in 2017 amounted to USD 4.267 billion. Rough diamonds were sold for USD 4.17 billion, polished diamonds – for USD 96.9 million.
“In 2017, rough diamond demand was fairly stable, market activity was in line with the seasonality and our expectations. The average price of rough diamonds sold by ALROSA was a little lower than a year ago, which is due to the changed sales assortment resulting from the increased demand for small-sized rough diamonds from Indian diamond cutting sector in the first half of 2017. We expect that in 2018 the diamond market will be balanced due to a moderate growth in the global demand for diamond jewelry and no major change in the global diamond mining,” said ALROSA Vice President Yury Okoemov.


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