An alliance between a diamond producer and a diamond manufacturer in Russia is simply inevitable and necessary

What is a diamond manufacturer’s margin composed of? What is the profession of diamond processing engineer about? How much time does it take to become a diamond cutter? How does a polishing factory work? The Russian Cut, is it alive? Lightbox from De...

15 october 2018

High technologies make it possible to create a product that can be obtained in natural stones only for very big money

Andrey Zharkov, having left the position of President at diamond mining company Alrosa, has established and headed the Ultra C company, which will be engaged in the production of diamonds from the reactor. In this interview with industry news agency...

08 october 2018

The once unorganised domestic jewellery sector in India is now growing

A veteran businessman, former Chairman of Gem & Jewellery Council (GJC), Bullion Expert, a third-generation jeweller born with a silver spoon (or was it gold?) in his mouth, a perpetual optimist … yes, the list could go on. As the first...

01 october 2018

India is poised to become a major fine jewellery market in the near future - Pramod Agrawal, Chairman GJEPC

Pramod Kumar Agrawal, the current Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) of India is a successful entrepreneur in his own right. Despite belonging to a jewellery business family, with his father dealing in gemstones...

24 september 2018

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

ALROSA holds the first in many years polished diamond tender in New York

09 august 2018
DIAMONDS ALROSA, the cutting and polishing division of ALROSA, held a tender for the sale of polished diamonds in the USA this July. This is the first tender for polished diamonds after the reopening of ALROSA’s office in New York.

news_22062018_alrosa.png
Image credit: ALROSA


In total, 111 stones of standard color with total weight of 308.97 carats were sold. The total revenue from sales amounted to $1.5 million. Companies from the largest centers of diamond trade, including Belgium, India, Israel and the US, participated in the tender.
“We brought to New York polished diamonds of various cuts, weighing from 2 to 6 carats. We were pleased to see great interest from American buyers, especially given the fact that this was our first tender in the US after a long break. We also succeeded in attracting new clients, and by the end of this year, we hope to hold one more tender, where we will bring a more interesting assortment", - Pavel Vinikhin, director of DIAMONDS ALROSA, commented on the results.
The United States is the world's largest market for the consumption of diamond jewelry. The ALROSA office in New York was opened in 2006, but since 2016, it has not been operating for organizational reasons. It resumed work in spring 2018.
ALROSA's trading offices are also located in the world's major centers of diamond trade: Antwerp, Hong Kong, Dubai, Ramat Gan. There is also a representative office in Mumbai.
DIAMONDS ALROSA is ALROSA’s own cutting and polishing division and one of Russia’s largest diamond manufacturers. It works with large rough diamonds over 1.8 carats, including special size rough diamonds and those with unique color specifications. The division is engaged not only in the manufacture of polished diamonds, but in their sale as well. The bulk of products are sold by wholesale lots at monthly trading sessions, both for export and in the domestic market.