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South African investors have little appetite for investments

A business and technical leader in the diamond exploration and mining industry, James Campbell has spent over thirty years in the diamond industry and is currently Managing Director of Botswana Diamonds plc. His immediate past role was Chief Executive...

24 april 2017

Jean-Marc Lieberherr: Medium to long term prospects for the world diamond market are strong

Diamond Producers Association (DPA) was established in May 2015 by seven of the world's leading diamond companies, including ALROSA and DE BEERS, to maintain and increase the demand for diamonds, as well as their credibility. One of DPA’s most important...

17 april 2017

Chidhakwa: I have no misgivings about diamond mining consolidation in Zim

Zimbabwe’s mines minister Walter Chidhakwa stands accused of decimating the country’s diamond industry when he decided early last year to streamline operations of mining companies in Marange and that of partly Russian-owned, DTZ-OZGEO, in Chimanimani...

10 april 2017

We are open for good business in all our locations - Erik Jens

Erik Jens, the Global Head - Diamond & Jewellery Clients - AMRO BANK N.V. comes armed with professional experience in banking, financing and investments. He has specialized in private wealth management solutions, investments in hedge funds, private...

03 april 2017

Those who do not define their own niche, will not survive

The Antwerp Diamond Trade Fair (ADTF) enjoys broad industry support as a key annual event for the international jewelry community. The invitation to the ADTF can be obtained directly from the organizers, on the recommendation of one of the participants...

27 march 2017

ALROSA kicks off its first round of e-commerce selling rough diamonds

06 july 2011

On July 5, the Market Council of Russian diamond miner ALROSA summed up the results of an experimental round of online rough diamond sales. According to the company’s press release received by Rough&Polished, the auction was held for market participants on a specialized electronic platform at direct invitations from ALROSA in accordance with the effective corporate rules for rough diamond auctions.
The first electronic auction put up for sale 108 lots of standard boxes under the current stock list of ALROSA. The diamond miner invited 30 foreign and Russian companies to take part in bidding.
The trading session resulted in approximately $11 million worth of sold goods.
The Market Council considered the experimental auction successful. From the fourth quarter of this year, after fine-tuning the software, outlining the schedule and specifying the notification and participation procedures for buyers of rough diamonds, e-auctions will be carried out on a regular basis.
In 2010, ALROSA produced 34.3 million carats of diamonds worth $2,180 million. The ALROSA Group sold a total of 3,483.6 million worth of diamond goods last year, a record amount in the company’s history.

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