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

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 rough and polished diamonds worth USD 288 million in May

09 june 2018
news_09062018_alrosa.pngALROSA Group, the world leader in diamond production, announces diamond sales results for May and five months of 2018.
In May 2018, ALROSA Group sold USD 288.0 million worth of rough and polished diamonds. Rough diamond sales amounted to USD 277.5 million, polished diamond sales – USD 10.5 million.
ALROSA’s total diamond sales in January-May 2018 amounted to USD 2.299 billion, including rough diamonds sales of USD 2.256 billion and polished diamonds sales of USD 43.3 million.
“We continue seeing good demand for almost all assortment of our diamond products. There was a planned decrease in sales in May compared to the similar period last year due to the sale of the inventories accumulated by the beginning of the year and a seasonal decline in the current production, mostly driven by mining suspension at some alluvial deposits in the first months of the year,” – commented on ALROSA’s sales results Deputy General Director Yury Okoemov.