Demand will pick up once the season starts

N Anantha Padmanaban took charge as the Chairman of the All India Gem & Jewellery Domestic Council (GJC) in January 2019. He has immense hopes and confidence in the Indian jewellery sector. His motto is to ‘ensure that after the day’s business...

14 october 2019

Prospects for discovering new diamond deposits in the Arkhangelsk Province are far from exhausted

ALMAZINTECH is engaged in technical auditing and comprehensive assessment of activities performed by exploration, diamond mining and gold mining businesses in Russia and other countries, as well as carries out research and development. It employs highly...

07 october 2019

Botswana Diamonds eyes expansion of Thorny River to include Marsfontein – Campbell

Botswana Diamonds, which has a 40% stake in Thorny River, through Vutomi, said there are plans to expand the project located in South Africa to include Marsfontein once a mining permit for the latter has been awarded. Company managing director James...

30 september 2019

Diamond knife and tender system: The tight-fisted paying twice?

LLC Kristalin is the only company in Russia that manufactures microsurgical diamond blades for domestic healthcare that meet international requirements and are used in ophthalmology, neurosurgery and plastic surgery. Mikhail Zhiltsov, the company’s Deputy...

23 september 2019

Didier Giard: Stiff competition among the diamantaires is one of the factors of the price war

On September 9, 2019, the French Association of Gemmology (l’Association Française de Gemmologie, AFG) held its regular Paris Gemmological Rendez-Vous. Its organizer, Didier Giar, the head of the AFG kindly agreed to answer questions from Rough&Polished...

16 september 2019

ALROSA continues to fight against undisclosed synthetics - media

01 july 2019

alrosa_logo.jpgALROSA decided to assign identification numbers to its diamonds to combat the illegal sale of synthetic diamonds, the damage from which amounts to $ 450-480 million annually, RBC reports.
The agency quoted the Director of the United Selling Organization ALROSA, Evgeny Agureev, who said that the market volume of synthetic stones amounts to 2-4 million carats, 80% of which are sold like natural. It causes damage to the global industry of 3% of the total turnover, the report says.
“Globally, this is big money, considering the size of the diamond market which stands at $15–16 billion,” Evgeny Agureev was quoted as saying.
To combat illegal diamond selling, ALROSA launched a digital platform that will serve as a kind of diamond database. Each stone will be assigned a passport with the date and place of recovery, data on color and purity.
The company adopted such a measure in order to protect its customers from the acquisition of undisclosed synthetics.

Victoria Quiri, Correspondent of the European Bureau, Rough&Polished, Strasbourg