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 earns $3 mln from sales of polished diamonds in New York

10 july 2019

alrosa_logo.jpgALROSA, a global leader in diamond mining, summed up the results of the tender for polished diamonds, which was held in New York this June. The company's cutting division - DIAMONDS OF ALROSA organized the tender.
The company sold 20 polished diamonds with total weight of 140.4 carats. That amount included 8 gemstones of standard color and 12 fancy colored polished diamonds, most of them had Fancy Yellow and Fancy Intense Yellow characteristics.
The overall revenue amounted to $3 mln. There were 29 participants from several countries at the tender, and 11 firms were recognized as winners in different tender positions.
"The polished diamond tender in New York was very successful, despite the traditionally quiet summer season and the falling market as a whole. White and fancy polished diamonds were equally in good demand. In addition to retailers from the US, the world's largest market for diamond jewelry consumption, firms from Israel, Taiwan, India and the United Arab Emirates participated in the tender," said Pavel Vinikhin, Director of the DIAMONDS OF ALROSA cutting division.
The next tender in the United States is scheduled for November 2019, and there will also be another one in Israel this fall. In September, the company will hold a traditional diamond tender in Hong Kong.