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 July rough and polished diamonds sales reached $339 million

10 august 2018
ALROSA, the world’s largest diamond miner, announces diamond sales results for July and seven months of 2018.
ALROSA July 2018 sales of rough and polished diamonds increased by 16% yoy to $339.1 million. Rough diamond sales by value amounted to $333.8 million, polished diamond sales – $5.3 million.
January-July 2018 total diamond sales grew 9% yoy to $3.029 billion. During the 7 months of 2018, rough diamonds were sold for $2.973 billion, polished diamonds – for $55.3 million.
“Compared to last year, demand for rough diamonds remains more balanced – almost all diamond categories benefit from continued demand in key markets globally. In July, there was a minor seasonal softening on the market in the run up to August holidays, but not as intensive as last year. Demand for expensive high-quality diamonds kept being strong during seven months,” commented on the sales results ALROSA Deputy CEO Yury Okoemov.