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 Israel for $8.2 million

12 july 2019

alrosa_logo.jpgALROSA, the world's largest diamond mining company, held an auction for special size rough diamonds (over 10.8 carats) in Israel. The total revenue from sales amounted to $8.2 million.
The company sold 82 gem-quality diamonds with a total weight of 1,422 carats. Companies from Israel, Belgium, India, UAE, Russia, the USA and Hong Kong participated in the auction.
"Today, there are still difficulties with demand in the global diamond market. This inevitably affects all participants and sales results. Despite this, the auction in Israel was generally a success," said Evgeny Agureev, member of the Executive Committee, director of the United Selling Organization ALROSA.
By the end of 2019, ALROSA plans to hold two more auctions for special size diamonds in Israel.