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 mined a unique 34.17-carat yellow diamond

20 october 2017
ALROSA’s affiliate Almazy Anabara has extracted a large 34.17-carat yellow diamond. It is the largest fancy-colored rough diamond extracted by the Company this year.
The rough diamond, extracted from Ebelyakh alluvial deposit, measures 20.17 х 19.65 х 15.1 mm. It is a transparent intense yellow crystal with a small inclusion in the intermediate zone.
Before the end of October, it will be delivered to the United Selling Organization ALROSA (USO ALROSA) in Moscow, where the Company specialists will give it a more detailed and accurate assessment.

3417_бел_2.jpg

“This year for ALROSA has already hit the record in the number of large fancy-colored stones. We used to extract fancy-colored rough diamonds over 10 carats once a year on the average. This year, we have already recovered several large fancy-colored diamonds, and this 34.17-carat yellow stone is the largest one so far. The Company’s specialists are still to study the stone more in detail, but we can say in advance that it is fancy vivid yellow, which is very rare and highly valued. The stone will become a worthy addition to our collection of large rare-colored diamonds that we are forming and will bring to the market,” said the director of the United Selling Organization ALROSA Evgeny Agureev.
Almazy Anabara is traditionally the leader in the number of fancy-colored stones. Earlier this year, Almazy Anabara also extracted a unique 27.85-carat pure pink diamond – the largest pink stone in ALROSA’s history.