Demand for large lab-grown polished diamonds will grow in high-income countries

Anastasia Shramko is an expert in precious stones, rough and polished diamond market, and an analyst. She is an author of the course “Lab-Grown Diamonds: Gemology and the Market” conducted on the site and in collaboration with the GemAcademia (International...


Waiting for Godot?: Botswana Diamonds awaits Zim kimberlite concessions application outcome

Diamond explorer, Botswana Diamonds applied for kimberlite concessions in the Northwest of Zimbabwe in late 2020. Company managing director James Campbell told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that they are still waiting for...

16 may 2022

“The demand far exceeds the supply,” says Dev Shetty, Founder-President & CEO of Fura Gems

In 2017, after a decade as chief operating officer and board member at Gemfields a coloured gemstone mining company, Dev Shetty took the courageous step of starting, from scratch, a mining company. He named it FURA Gems. Today, it is one of the largest...

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Igor Kulichik: The diamond market is now in the initial phase of turbulence

Igor Kulichik is a well-known expert in the diamond market. He has worked in the diamond industry for 20 years: he was CFO of ALROSA from 2002 to 2017, and a member of the Board of Directors of AGD Diamonds from 2018 to 2022. He is also a member of the...

02 may 2022

There is a classic phrase: “Art is an Ambassador of Peace.” And this is true

Chief Expert of the Gokhran (State Valuables Depository) of Russia Veronika Voldaeva, Art History Ph.D., Honored Worker of Culture of the Russian Federation, author and compiler of the decorative and applied section of the Gokhran’s collection...

25 april 2022

Lev Leviev becomes largest rough diamond buyer at ALROSA's tender in Vladivostok

09 september 2016
( – LLD Diamonds (part of Leviev Group of Companies owned by Israeli businessman Lev Leviev) became the largest buyer of rough diamonds at ALROSA's first auction in Vladivostok, according to two sources close to the companies and CEO of GK Ruiz (part of the Leviev Group of Companies) Valery Morozov. ALROSA representative declined to comment. In early September, ALROSA sold 19 large stones weighing 1098 carats for $14.6 million on diamond tender in Vladivostok. LLD diamonds bought diamonds worth $6.4 million, Morozov said. Meanwhile, ALROSA sold 28 polished diamonds during the tender, 18 of which were fancy, for $3.6 million. LLD bought several diamonds for $796 000.
"ALROSA invited us to take part in the auction, and we were able to buy a big and rather attractive lot," - Morozov said. It was important for ALROSA from the political perspective to demonstrate that there is an infrastructure in Vladivostok for diamond trading and it is no worse than in Antwerp, Tel Aviv or Moscow, he explains. "Rough diamonds will be cut and polished, and some of them will be sold in one of the stores of Moscow Jewelry Plant, which is owned by Leviev," – according to a source close to the businessman's structures.
ALROSA plans to organize diamond auctions in Vladivostok regularly on the Eurasian Diamond Centre's trading floor. The Centre allows to accelerate the timing of transactions by facilitating customs and visa requirements, the company said.