The Grib Diamond Mine: Geology, Ecology and Industrial Safety

Gennady Piven, First Deputy General Manager of AGD Diamonds JSC, talks about his work at the diamond fields in Yakutia and in the Arkhangelsk Province.

10 december 2018

I have a dream to see India become a world leader in high-end jewellery manufacturing - Sanjay Kothari

An industry leader who needs no introduction to the gem and jewellery industry is Sanjay Kothari…the former chairman of the GJEPC of India has held various positions in the Council including being Convener-Exhibitions for many years before becoming Convener-Promotions...

03 december 2018

Style always reflects culture

Reena Ahluwalia is a multifaceted artist …an award-winning jewelry designer, diamond painter, professor, speaker and a community builder and more. Recognized as one of the Top Masters of Jewelry Design and art in Canada, she has been creating jewelry...

26 november 2018

Botswana Diamonds’ Campbell on Alrosa exit: no exploration JV lasts forever

Botswana Diamonds is currently in talks with a major diamond producer interested in taking over a stake in Sunland Minerals previously owned by Alrosa. The Sunland joint venture was established in 2014 to test existing Alrosa exploration technology on...

19 november 2018

If real gems are replaced by artificial stones, it is not the difference in value that sellers may cheat you out, but the very idea that you are to obtain along with a jewelry piece made from a genuine stone

Elena Titova is the Director of the All-Russian Decorative Art Museum. The museum, which she heads, was founded fairly recently (less than 40 years ago), but it is one of the most popular and stylish museums of Moscow, famous, among other things...

12 november 2018

ALROSA sells main diamond from Dynasty collection

03 august 2018
ALROSA, the world’s leader in diamond mining, has sold at a public auction the Dynasty diamond – a 51.38-carat round stone, the central diamond in the same-name collection. The total revenue from the sale of the Dynasty collection amounted to about USD 10 million.

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Image credit: ALROSA


ALROSA held an auction for the sale of the Dynasty diamond at its own electronic trading platform on August 2, 2018. The Dynasty stone, a 51.38-carat traditional round brilliant-cut diamond, D color (colorless), VVS1 clarity (with no inclusions), is the purest of all large diamonds manufactured throughout the Russian jewelry history. Following the auction, it has officially become the most expensive stone ever sold by ALROSA.
The Dynasty collection consisted of five diamonds manufactured from a 179-carat rough diamond. It took a year and a half to create the collection. The collection was manufactured by experts from the cutting and polishing division of the Company – DIAMONDS ALROSA branch.
In November 2017, ALROSA held the first auction for the sale of the collection. Four of five stones were sold at this auction, the excess of final prices over reserve prices averaged about 30%.
“We are happy to announce the successful sale of the whole Dynasty collection. For ALROSA it was the first experience of creating our own collection of diamonds, of a road show in different countries worldwide, and of the sale at an electronic platform. Today we can finally say that this experience has become a success for the Company. The total revenue from the sale of the Dynasty collection amounted to about USD 10 million, which is in line with our initial estimates. We will keep on working and introducing new diamond collections to the market,” said ALROSA CEO Sergey IVANOV.