The diamond business is yet bright and has a good future in the coming days

Hitesh Patel, Managing Director of Dharmanandan Diamonds Pvt. Ltd., joined the family business in 1997 to help his father Laljibhai Patel, the founder of Dharmanandan Diamonds Pvt. Ltd. Egged on by its success, Hitesh set up the overseas presence of...

19 august 2019

The talk around LGDs is all hype

As a teenager, Luca Luterbacher began to design and manufacture single pieces and individual items for wealthy private family friends from Switzerland and Lichtenstein. In 2017, he finally invested in his own luxury trademark "Luterbacher."...

12 august 2019

Correct adjustment of advertising is the major challenge

At the recent Amberforum held in the Baltic city of Svetlogorsk, Andrey Yanchevsky, Head of the trade representation of the LA VIVION jewelery company shared his opinion with the correspondent of Rough&Polished on the state and prospects of the jewellery...

05 august 2019

Small-scale diamond mining is the future in Botswana – Leon Daniels

Pangolin Diamonds, which is currently the most active diamond exploration company in Botswana, has called upon authorities in the southern African country to include diamonds into the minerals permit for small scale mining operations. Pangolin chief...

29 july 2019

“There has been a strict policy in Israel against LGDs; have been forbidden on IDE trading floor for years.”: Aviel Elia, Managing Director- IDI

Aviel Elia, an attorney by profession, has served as Legal Adviser and Company Secretary of IDI since 2013. As a key member of the Israel Diamond Institute (IDI) management team, he has been involved in developing company strategy and negotiating...

22 july 2019

ALROSA exhibits largest pink diamond in company’s history

13 february 2019

ALROSA, the biggest diamond producer in the world, has conducted a media preview of the collection of large coloured diamonds, including unique pink, bright yellow and pink purple gems.
The star of the show was a pink oval diamond weighing 14.83 carats - the largest pink diamond in the history of Russia. The gem was was mined in 2017 in the Ebelyakh deposit in Yakutia, Russia and became the largest pink diamond ever to be mined in Russia. 

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Image credit: ALROSA


“Pink diamonds together with the blue ones are considered to be the rarest and most precious of all, and the size and clarity of this specimen makes it one of the best to be discovered anywhere in the world in recent years. I am sure that this diamond will be the most expensive in the history of Russia’s gem cutting industry,” said Yury Okoyemov, Deputy CEO of ALROSA.
The largest stone in the exhibition was a deep yellow asscher cut diamond, weighing 20.69 carats. 
Pink and yellow diamonds will be soon transferred to GIA (Gemological Institute of America) for certification.
Among other diamonds displayed in the collection, highlights included a pink purple cushion-shaped stone weighing 11.06 carats and recognized by the GIA (the Gemological Institute of America) as the largest of its colour in the world.