Nevsky Brilliant has been engaged in making polished diamonds of all categories for more than three years and mostly established itself as a manufacturer of large stones, second only to the largest diamond cutting company in Russia, Smolensk-based Krystal. The company’s international team of professional diamond cutters and manufacturing engineers made it possible to turn Nevsky Brilliant into a pace-setting leader in the Western Region of Russia not only in diamond manufacturing, but also in terms of turnover by value. Aneli Irakli, CEO of Nevsky Brilliant, told our correspondent about his company.
A strategic long-term plan paving way for further development of Belgium's diamond industry was unveiled recently by Governor Cathy Berx during the ceremony to inaugurate the Diamond Pavilion at the Museum aan de Stroom (MAS). Our correspondent in Belgium caught up with Ms. Berx to hear her comments on the event.De Beers’ distribution arm, the Diamond Trading Company (DTC) reduced the average size of goods in the boxes offered at its Sight, in London this week.
Idex Online reports that the move resulted in a general decrease in prices.
It said sightholders noted that the price of most boxes were between 2 and 13 percent lower, and in a couple of cases 30 percent below December prices.
Idex Online noted that DTC had “a real price reduction in many boxes, not just a result of lower cost assortments”.
However, DTC did not announce a price reduction.
Prices of about a third of the offered lots at BHP Billiton's auction earlier this month were also decreased while bidders paid mid- to high-single digit more for the rest, it said.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
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