Login

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...

Yesterday

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

Tracking the provenance and lifecycle of a product is a natural and necessary evolution in our industry

A senior executive with a demonstrated history of working globally at management and board levels, Marcus ter Haar has been the Managing Director at Okavango Diamond Company (ODC), Botswana for about 10 months now, prior to which he held the...

28 may 2018

ALROSA sells rough and polished diamonds worth USD 405.3 million in April

10 may 2018
ALROSA Group, the world leader in diamond production, announces diamond sales results for April and four months of 2018.
In this April, ALROSA Group sold USD 405.3 million worth of rough and polished diamonds. Rough diamond sales by value amounted to USD 396.2 million, polished diamond sales – USD 9.1 million.
ALROSA’s total diamond sales in January-April 2018 amounted to USD 2.011 billion. Rough diamonds were sold for USD 1.978 billion, polished diamonds – for USD 32.9 million.
“In January-April, world markets saw consistent high demand for rough diamonds. In April, diamond trade traditionally slowed down due to seasonality. Nevertheless, demand and sales results were good enough for this month, supported by optimistic market trend and positive reports from retailers,” commented on the sales results ALROSA Deputy CEO Yury Okoemov.

Comments

Only registered users can add comments (Register, Login)