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

Johan Erikson: The industry needs to spend more on advertising and marketing

First Element is a fully independent Diamond Services Company registered in Belgium, Botswana, South Africa and Dubai. First Element is committed to providing a world class diamond service aimed at adding value to the entire supply chain, from the daily...

08 june 2020

African diamond firms on COVID-19 response, recent developments

Rough & Polished recently contacted several diamond producers and exploration companies with operations in Africa to establish how their operations were affected by the Covid-19 pandemic and what they are doing to alleviate the impact. We also sought...

01 june 2020

ALROSA sells specials for $ 11 million during its New York tender

15 november 2019

ALROSA tendered its special-sized diamonds (over 10.8 carats) and earned $11 million in sales revenue. The auction was held in New York, and the viewing took place at the sales office of ALROSA USA Inc. This was announced in the company's press release received by Rough & Polished on Friday.
The company sold 93 rough diamonds with a total weight of 1,560 caratse. This is the best result of the last few months. 

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Image credit: ALROSA


There were 95 participants from the US, Belgium, India, Israel, UAE, Russia and Hong Kong.
“This year’s last auction in the US performed well. We prepared a selection of rough diamonds with high quality and color characteristics, as well as several fancy color stones. The auction traditionally attracted the participants from different countries, including more than 20 companies from the United States,” commented Evgeny Agureev, Deputy CEO of ALROSA.
In 2019, ALROSA held four auctions in the US. The company’s total revenue at the US auctions exceeded $38 million this year.
Previously it was announced that 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. 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.

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