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...

Yesterday

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

Chasing a dream…

Elina Chan, MD of Shenzhen Shi Qing Yu Zhubao Ltd completed her higher education from Xiamen University and Master’s degree from Hong Kong University. To achieve her dream to start a business, Elina gave up numerous job opportunities in Hong Kong and...

06 august 2018

Pangolin Diamonds using termites to find kimberlite indicators in Botswana

It is not a secret that the rate of kimberlite discovery in Botswana has dropped considerably and research has shown that termites can help diamond explorers have an understanding of the transport mechanism of kimberlite indicator minerals from the kimberlite...

30 july 2018

In another fifty years, we’ll have a different scale of valuation, and all those items of natural origin – including diamonds – will sharply increase in price

Within the framework of the Qatar-Russia 2018 Year of Culture, the World Diamond Museum hosts an exhibition of the Qatar Museums at the State Historical Museum in Moscow – "Pearls: Treasures of the Seas and the Rivers," that opened on 11 July...

24 july 2018

ALROSA sells large diamonds for $14.5 mln at the auction in Israel

01 june 2018
ALROSA, the world's largest diamond producer, has sold special size rough diamonds (weighing over 10.8 carats) at the auction in Israel, having received $14.5 million revenue from sales.

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Image credit: ALROSA


The company has sold 112 gem-quality lots with a total weight of 1824 carats. Firms from Israel, Belgium, India, USA and UAE participated in the auction.
“This year’s third auction in Israel has concluded with good results and a significant excess of the starting price. More than 100 firms from major centers of rough and polished market took part in it. We saw traditionally high interest from Israeli companies, which are specializing on this category of rough diamonds,” Evgeny Agureev, the Member of the Executive committee, Director of the USO ALROSA, commented on the results.
Until the end of 2018, ALROSA plans to hold three more auctions at the Israeli site in Ramat Gan, one of them will be held simultaneously with the Jovella jewelry exhibition in June. In accordance with Russian law, special size rough diamonds over 10.8 carats can be realized only through auctions.