MIUZ Diamonds - diamonds with a century of history

Moscow Jewellery Factory (MIUZ) has always been famous for its craftsmen winning prizes and obtaining the diplomas of “the best enterprise in the jewellery trade”. One of the oldest factories in Russia has two interesting news: about its recent...

21 june 2021

Lab-grown diamonds and jewellery are the future, says Liu

As the founder of the Diamond Little Star® brand, Liu Jiangjiang is actively involved in various business activities. He founded the Lab Grown Diamond Research Centre and the Lab Grown Diamond Club in China. At the same time, he is also the General Counsel...

14 june 2021

Pandora’s endorsement of lab-grown stones will not devalue natural diamonds – Zimnisky

Jewellery retailer Pandora recently announced that it will no longer purchase natural diamonds as it had switched to lab-grown diamonds. However, diamond market analyst Paul Zimnisky told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that...

07 june 2021

“The volume of Forevermark diamonds that we drive through Indian partners is much higher than in other parts of the world,” says Sachin Jain

Sachin Jain has been a part of the Indian arm of De Beers that dates back to 2010 when he came on board as Head of Retail. In year 2014 he took over as President of Forevermark and today he is the Managing Director of De Beers, India. His single-minded...

31 may 2021

GSI's new Jaipur office to specialize in colored gemstones

Gemological Science International (GSI) has opened a new laboratory in Jaipur, India. Since this state is the capital of colored gemstones, the laboratory will have a dedicated division specializing in colored gemstone geographical origin and...

24 may 2021

ALROSA plans to bring diamond sales in Vladivostok to $14 – 16 million a month by 2018

02 september 2016
(Interfax-russia.ru) - ALROSA began selling of rough and polished diamonds in Vladivostok, said Yuri Okoemov, vice president of ALROSA, at the Eurasian Diamond Centre presentation.
"I do not think that initially there will be high volumes (of sales). At the beginning sales will amount to $7-8 million, but the overall potential of the region is larger. We will create diamond cutting and processing facilities. Our task is to, at least, double the amount of diamond sales in the region by 2018," – he said.
Thus, in 2018 the monthly sales could reach $14-16 million.
Okoemov explained that to achieve such performance there is a need to boost sales to Asia-Pacific countries and China in particular.
"We plan to use the geographical proximity to markets and better conditions within business development port. We are focused on the organization of sales in Asia-Pacific countries and, above all, China, which despite temporary difficulties in the economy, remains one of the most interesting markets for luxury goods, including diamonds," – Okoemov added.
Plans to establish the Diamond Exchange in Vladivostok were announced in 2015. In March ALROSA said it planned the first September sale of rough and polished diamonds.