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 sells large rough diamonds in Hong Kong for $10.3 mln

05 july 2019

ALROSA, a global leader in diamond mining, held an auction for special size rough diamonds (over 10.8 carats) in Hong Kong.
The company sold 112 gem-quality rough diamonds with a total weight of 1910 carats. Revenue from sales amounted to $10.3 million. 

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Image credit: ALROSA


23 of 63 participants were recognized as winners in various auction positions. The participants were from such countries as Hong Kong, India, Israel, Belgium, the United Arab Emirates and Russia.
“Despite the challenging situation in the diamond market today, the good results of the past auction confirm that Asian market has a stable interest in our products. Hong Kong is one of the most important centers of international diamond trade, so we regularly organize rough diamond sales here. The next auction will be held on the sidelines of Hong Kong Jewelery & Gem Fair in September. During the fair, we also plan to hold the second True Colours auction for colored polished diamonds,” noted Evgeny Agureev, member of the Executive Committee, director of the United Selling Organization ALROSA.
ALROSA scheduled three international auctions in Hong Kong for 2019. Two auctions have already brought a total revenue of more than $20 million.