GJEPC will focus on demand generation for diamonds and jewellery in the next two years

Mr. Vipul P Shah, Vice Chairman, GJEPC and also CEO & Managing Director of Asian Star Co. Ltd. has a rich experience in the diamond industry. His business acumen and professional conduct have contributed significantly in transforming a diamond manufacturing...

13 july 2020

The need for significant capital investments will be the main trend in the diamond mining industry in 2021-2030

The prospects of the diamond industry in the post-crisis period are discussed by the Rough&Polished correspondent with Sergey Mityukhin, Candidate of Geological and Mineralogical Sciences, Honored Geologist of the Russian Federation.

06 july 2020

Young Diamantaires: We create initiatives for the benefit of diamond communities worldwide

The World Federation of Diamond Bourses recently launched its Young Diamantaires website. The organization has worked for the past four years with young members of the diamond community all over the world to create a platform through which they can express...

29 june 2020

Those who implement the right anti-crisis strategies have more chances

It is not surprising that because of the pandemic and the crisis, the most heated debate in the jewellery industry is about what is happening and the possible ways of survival. Irina Slesareva, an expert, art director of the Russian Diamond Line contest...

22 june 2020

The secondary diamond market in Russia is not mature although its prospects are huge

Pavel Barannik, the founder and head of the Moscow Gemological Laboratory, the founder of the Gemological Institute and President of the Moscow Diamond Club, graduated from the Gemological Institute of America (GIA). He is an expert and consultant...

15 june 2020

Buyers at Dubai auction purchased 112 large diamonds from Russia

01 november 2019
At an international auction held by ALROSA in Dubai, the company sold 112 large diamonds totally weighing 1,740 carats. Buyers splashed out over $ 7 million bidding for these rough gems. This was announced in the company's press release received by Rough & Polished on Friday. The auction was attended by 84 companies from the world's largest diamond trading hubs, including the UAE, India, Belgium, Russia, Israel and Hong Kong.
“In Dubai, we sold 75% of auctioned rough diamonds. This is a good result at the time when the tough market is still having an impact on demand and sales,” said Evgeny Agureev, Deputy CEO of ALROSA commenting the auction results.
The next, fifth auction this year to sell special size rough diamonds will be held by the company in Dubai in the coming December.

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