“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 sells large diamonds at auction in Vladivostok for $9 mn

15 march 2019

alrosa_logo.jpgALROSA, a global leader in diamond mining, held an auction in Vladivostok for special size rough diamonds (over 10.8 carats). The overall revenue amounted to $9.1 mn.
The company sold 125 rough diamonds with total weight of 2,090 carats; 24 firms from the largest centers of diamond trade were recognized as winners in different auction positions.
“The first auction this year in Vladivostok completed with good results. The assortment is still in demand among the market participants from the largest centers of world diamond trade. I believe that interest in Vladivostok as a promising trading platform will only grow,” Evgeny Agureev, Member of the Management Board, Director of the United Selling Organization at ALROSA, said.
The schedule of ALROSA’s international auctions for special size rough diamonds includes four auctions in Vladivostok in 2019. The next auction will take place there in April; two more are scheduled for July and September.