Color diamonds are more valuable and desirable and a better investment

In 1993, Eyal Cohen started his career as a diamond cutter, sitting by his father’s side as an apprentice. 4 years later, he was recruited by a jewelry firm, where he learned to appreciate natural colored diamonds. In 2003, Eyal opened his own company...

17 september 2018

Debate on the main issues affecting the diamond business is absolutely critical - Ernie Blom

Having taken part in the fruitful discussions with the world leaders at the Asian Summit held recently in Vladivostok, Ernie Blom, President, World Federation of Diamond Bourses (WFDB) now looks forward to taking the worthy inputs received at...

10 september 2018

Reflecting the nature of the industry, US jewellery market is significantly seasonal with great ‘ebb and flow’ in demand, opines Vin Lee

Vin Lee, CEO of Beverly Hills-based Grand Metropolitan, a privately-held luxury goods holding company had migrated from Canada as a child. And one can see that it did not take him long to ascend the US luxury world, establishing himself as a formidable...

27 august 2018

Vladimir Zboykov: New times have come for jewelers

How a personal collection of minerals was thrown on the scrap-heap, who is behind the destruction of gemstone consumption culture in Russia and why jewelers will soon have to choose between business and prison – all this was told to Rough & Polished...

20 august 2018

Changing preconceptions in the diamond and financial markets

Eli Avidar is a man on the move…literally. In April, the former Israeli diplomat stepped away from the CEO’s office at the Israel Diamond Exchange, a position he had held for more than two years, and from the Israel Diamond Institute, where he had been...

13 august 2018

ALROSA recovers 120+ carat diamond at Jubilee pipe

21 february 2017
ALROSA reported it has produced a 121.88-carat diamond at its Jubilee kimberlite pipe.
The diamond crystal has a yellowish tint, its dimensions are 28 х 18 х 19.5 mm.

The Jubilee pipe has been developed as an open pit since 1989, and accounts for the bulk of ore that Aikhal plant processes. In accordance with JORC, Jubilee reserves are estimated at 97 million carats of rough diamonds. Based on this assessment, mining at the pipe can be provided until 2030. The volume of diamond production for the first 9 months of 2016 was 8.3 million carats.
Aikhal Mining and Processing Plant is a producer of diamonds from the Jubilee, Komsomolsky and Aikhal deposits.
In 2016, the Aikhal plant produced 12.2 million carats of diamonds.