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The RAS net income of PJSC ALROSA in H1 grew by 19% to 52.2 bn rubles

PJSC ALROSA, ALROSA’s head company, has published the Russian Accounting Standards (RAS) results of H1, 2018.

Today

New large diamond deposits found in Yakutia

According to TASS, 13 new high grade diamond deposits were reportedly found in Yakutia, Russia.

Today

Second Bharat Diamond Week to Take Place in October

The Bharat Diamond Bourse (BDB) announced that the second edition of Bharat Diamond Week will take place from October 8-10 at BDB in Mumbai, India.

Today

Polished diamond exports from India up 5% in June

Polished diamond exports from India rose by 5,07% in June, 2018, as compared to a year earlier. Total exports from the gem and jewellery sector increased only by 0,9% in the period under review.

Today

ALROSA has taken the leading position internationally in total shareholders returns index according to Boston Consulting Group

ALROSA, the world’s largest mining company, was ranked second among international mining companies with market capitalization of more than $4 bn  in total shareholder returns (TSR) rating “The leaders of value adding 2018” of Boston...

Yesterday

Innovate or Die: Why the Industry Is Lagging

11 july 2018
(Rapaport) - In the heyday of “A Diamond Is Forever,” consumers responded strongly to slogans and instructive advertising. As social media has influenced a more interactive dialogue between businesses and their customers, that is no longer the case. Today, consumers respond to innovation. In an age of unprecedented creativity and development, the jewelry industry has been lagging behind. While sales in the US have grown in the past few years, the sector needs to innovate more to sustain — and improve — its share of consumer spending, according to Gina Drosos, CEO of Signet Jewelers.

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