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 sells large diamonds in Hong Kong for $10.4 mln

02 july 2018
ALROSA, the world's largest diamond mining company, has summed up the results of the auction in Hong Kong for the sale of special size rough diamonds (weighing over 10.8 carats). The company received a total sales revenue of $10.4 million, which is more than 1.5 times higher than the starting price.

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Image credit: ALROSA


In total, 100 gem-quality lots with a total weight of 1550 carats were sold. The companies from the largest diamond trading centers, including Hong Kong, Belgium, Israel, India, the UAE and Russia, attended the auction. 28 firms were recognized as winners for different lots.
“We successfully held this year’s second auction in Hong Kong, which is one of the key regions in our business. The composition of participating companies turned out to be quite diverse: we invited more than 80 companies, the geography covers almost all the world diamond centers. In autumn, our third auction in Hong Kong will take place. We also plan to bring there an interesting assortment," Evgeny Agureev, the Member of the Executive committee, Director of the USO ALROSA, commented on the results.
In September 2018, ALROSA will hold an auction in Hong Kong as part of the jewelry exhibition Hong Kong Jewelery & Gem Fair.