Indian gem and jewellery manufacturers have the skill and capabilities to cater to any market in the world

Besides spearheading the “White Paper” last year, Colin Shah, Vice Chairman of the Gem & Jewellery Export Promotion Council (GJEPC) has been actively involved in the initiatives of the Council like MyKYCBank and many more… A first generation...

11 february 2019

The Indian gems and jewellery industry was progressing in the past and will certainly progress in the future

Dinesh Navadiya, the Regional Chairman (Gujarat Region) of The Gems & Jewellery Export Promotion Council (GJEPC) of India, is also the representative of the Gujarat G&J sector at various organisations as well as government authorities...

04 february 2019

The Russian Diamond Line: We do not believe that gifted persons would win through on their own

The Russian Diamond Line, a Moscow international jewellery contest of jewellery design, has been held for a decade already. At the end of the year, the results of the jubilee RDL-2018 contest were summed up, and on December 14, the prizewinners of the...

28 january 2019

New lending will have to be fully asset-backed with true provenance and transparency in the flow of goods and monies

After handling Gem & Jewellery (G&J) industry financing as a banker for many years, Erik A Jens sees an opportunity now that numerous banks are withdrawing from the sector. He is exploring opportunities to establishing a financing firm focusing...

21 january 2019

The majority of women don’t care whether their diamonds are mined or lab grown - Alex Popov, CEO of Âme

Alex Popov, President of the Moscow Diamond Bourse and former Chairman of the World Diamond Mark Foundation (WDMF) launched a new jewelry brand under the name of Âme focused on design and using lab grown diamonds to produce jewelry meant to meet...

14 january 2019

ALROSA extracts the largest yellow rough diamond this year

11 october 2018
JSC Almazy Anabara, a subsidiary of the world’s largest diamond mining company ALROSA, extracted large 28.59-carat rough diamond of deep greenish-yellow hue. Following the assessment, the color of the stone is defined as the rare Fancy Intense Yellow.
Today, it is the largest yellow rough diamond mined at ALROSA’s deposits since the beginning of 2018.
The diamond was discovered at Ebelyakh placer deposit in July; it has dimensions of 11.40 x 19.00 x 17.50 mm. This is a chip of the crystal with insignificant colorless inclusions on the surface.

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                                                    Image credit: ALROSA

“The extracted stone is our new unique discovery. Fancy colorsare very rare in nature. This stone is also unique, because nature seemed to have prepared it for cutting and in advance gave it a pear-like shape. United Selling Organization of ALROSA and the company’s cuttingdivision DIAMONDS ALROSA have yet to study the diamond and decide whether to auction it as a rough or to cut itinto polished diamond. However, even now one can say this is a worthy specimen for replenishing our collection of colored diamonds,” Evgeny Agureev, the Member of the Executive committee, Director of the United Selling Organization of ALROSA, said.
Almazy Anabara is traditionally the leader in the number of fancy-colored stones. In 2017, Almazy Anabara also extracted a unique 27.85-carat pure pink diamond– the largest pink stone in ALROSA’s history, and a large 34.17-carat vivid yellow diamond.
ALROSA plans to focus its cutting division on the processing of large and colored diamonds and the subsequent sales. Starting 2018, ALROSA sorts colored diamonds according to a new technology, that includes almost all hues and color grades. Most of these diamonds are processed by DIAMONDS ALROSA - the company's in polished branch.
Today, ALROSA produces at least 7 thousand carats of colored diamonds per year. In September, the True colors auction started in Hong Kong, where ALROSA showcased collection of 250 diamonds of different shapes and hues. The company plans to run such auctions regularly.