De Beers’ GemFair delivering ‘positive impacts’ to ASM sector in Sierra Leone – David Johnson

GemFair, a pilot project developed by De Beers to create a secure and transparent route to market ethically sourced artisanal and small-scale mined (ASM) diamonds, is already delivering “important positive impacts” in Sierra Leone. Group head...

11 november 2019

Belgian-quality diamond boiling in Dubai from TRIGEM

Born in New York, David Zabinsky is CEO & Co-Founder of TRIGEM, an independent diamond service provider in Dubai. Before TRIGEM, David was Manager at Ras Al Khaimah Economic Zone, where he was responsible for securing North and South American investment...

05 november 2019

Pavel Shelkov: "Our project is an attempt to fit Russia into the global trend and create a new private company in the diamond industry"

At the end of September, Moscow hosted the Second Annual Conference, "Gold and Diamond Mining Companies of Russia and Europe." The audience showed great interest to the presentation made by diamond geologist Pavel Shelkov of Almazy Zapolyarya...

28 october 2019

The team that turns sleeping stones into beautiful polished diamonds

Maxim Zemlyakov is the Director General of ADMS OOO, a company cutting and polishing natural and synthetic diamonds in Oryol. He has been the Director General of Oryol-ALROSA since 2007. Before heading it, he worked as a grinder, cutter, instructor...

21 october 2019

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

ALROSA sells large rough diamonds in the US for $7 mln

14 august 2019

alrosa_logo.jpgALROSA held an international auction for special size rough diamonds (over 10.8 carats) in New York. Reviews of rough diamonds took place at the company’s trade representative office ALROSA USA Inc.
The company sold 99 large gem-quality diamonds weighing 1,532 carats. The total revenue from the sale of stones amounted to $7 million. The auction participants included companies from the United States, Belgium, India, Israel and the UAE.
"We completed our third diamond auction in the US this year. Undoubtedly, current difficult situation in the market has a direct impact on sales results, and we see a slight decrease in demand. Nevertheless, auctions continue to attract new customers. The latest auction was attended by 80 companies, 25% of which were customers from the US," commented Evgeny Agureev, member of the Executive Committee, director of the United Selling Organization ALROSA.
In 2019, ALROSA held three auctions in the US, raising a total of about $30 million. The next auction for special size rough diamonds will take place in New York this fall.