“We are building a new state-of-the-art tender facility,” says Ahmed Bin Sulayem, Executive Chairman, DMCC

Ahmed Bin Sulayem certainly needs no introduction being widely popular globally as one of the leaders of modern Dubai. As the Executive Chairman of DMCC, Ahmed Bin Sulayem has played and continues to play a key role in establishing and positioning DMCC...

20 may 2019

De Beers scaling up Tracr ahead of formal launch

De Beers tracked 100 high-value diamonds along the value chain during the pilot of Tracr™, its industry blockchain platform, for the first time in May last year. A De Beers spokesperson Bianca Ruakere told Rough & Polished in an exclusive interview that...

13 may 2019

The perfect couple - platinum and diamonds

The Jewelry House of Leon Megé located in New York has long been firmly established in the jewelry market as a source of magnificent jewelry, in which platinum and diamonds often sparkle being married together and attracting everyone’s eyes, but are...

06 may 2019

The technology of growing single-crystal diamonds has now become industrial in nature

It is believed that the reserves of natural diamonds will be exhausted by the middle of the century, and therefore production of synthetic diamonds is rapidly gaining relevance. According to Business Insider India’s estimates, the global synthetic diamond...

29 april 2019

De Beers only selling Elizabeth Bay Mine in Namibia, move to sustain operations beyond 2019

Namdeb Holdings, a 50/50 joint venture between the Namibian government and De Beers is not selling Daberas, Sendelingsdrift and Southern Coastal mines in the southern African country. It had been alleged that Namdeb was planning to close and offload...

22 april 2019

ALROSA September sales of rough and polished diamonds reached $338.7 million

10 october 2018

ALROSA, the world’s largest diamond miner, announces diamond sales results for September and nine months of 2018.
In September, ALROSA Group sales of rough and polished diamonds increased by 9% yoy to $338.7 million. Rough diamond sales by value amounted to $331.6 million, polished diamond sales – $7.1 million.

news_01062018_alrosa.png
Image credit: ALROSA


ALROSA’s total diamond sales in January-September 2018 grew 9% yoy and amounted to $3.662 billion. During the nine months of 2018, rough diamonds were sold for $3.588 billion, polished diamonds – for $74.1 million.
“September sales growth against last year numbers is due, partially, to the low base effect of the last year, as sales of +10.8 and +2 carat rough diamonds increased. At the same time, there is a further slowdown in buying activity of in inexpensive stones, traditional for the holiday season during Diwali celebration in India,” commented on the sales results ALROSA Deputy CEO Yury Okoemov.