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 to auction large rough diamonds in Vladivostok this October

12 october 2017
ALROSA will hold an international auction for the sale of special size rough diamonds of 10.8+ carats in the Eurasian Diamond Centre in Vladivostok from October 16 to 27, 2017.
The Company is putting for sale 72 gem-quality lots with the total weight of 1,170 carats, the largest one weighs 47.55 carats. All the auctioned stones were mined from the deposits of PJSC ALROSA, and its subsidiaries – JSC Almazy Anabara and PJSC ALROSA-Nyurba.
A total of 67 companies from Belgium, India, Israel, China and the USA applied for the auction. The United Selling Organization (USO) ALROSA and ALROSA branch in Vladivostok are the organizers of the auction. The results of the auction will be summed up on October 30.
The United Selling Organization ALROSA is in charge of sorting, preliminary valuation, pre-sale preparation and sales of all ALROSA’s rough diamonds. It was established in 2016 by the decision of the Company’s Supervisory Board with the purpose of development of the Eurasian Diamond Centre in the territory of the Free Port of Vladivostok. The branch sold the first rough diamonds at the EDC in August-September last year. Apart from increasing ALROSA’s sales, the branch is responsible for developing regional coverage, and expanding cooperation with clients from Asia-Pacific.