Our main role is to inspire consumers to consider diamonds - Jean-Marc Lieberherr

With over 25 years of experience in a variety of leadership positions across many geographies, functions and businesses, Jean-Marc Lieberherr has more than 10 years’ experience as a diamond industry leader, which includes as a Board member of the World...

09 december 2019

Training in diamond valuation is key for artisanal miners

Ian Rowe, the Executive Director of the Diamond Development Initiative (DDI) was appointed in September 2019, having joined DDI as Deputy Executive Director a year earlier. Ian managed field operations in Sierra Leone within this role and led...

02 december 2019

Kangalassi 2.0: Raising the living standards, creating new jobs

At the V Eastern Economic Forum (EEF) held in early September in Vladivostok, the Yakut company SAYBM signed a tripartite agreement with two agencies - the Far Eastern agency and the regional one - for attracting investments and providing export...

25 november 2019

We live in a new dimension of environmental responsibility carried by business

In mid-October, Moscow hosted the VIII Ecological Forum attended by representatives from the State, large industrial companies, scientific and public organizations. The forum delegates discussed the issues related to finding a balance between the socio-economic...

18 november 2019

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

ALROSA sells its own polished diamonds at an auction in the USA

26 november 2019

Diamonds of ALROSA cutting division, a subsidiary of ALROSA, held an auction for polished diamonds of its own production. Revenue from sales amounted to $ 4.8 million. This was announced in the company's press release received by Rough & Polished today.
Diamond viewings were held at the office of ALROSA USA Inc.
The auction was attended by companies from the USA, Belgium, Israel, China, India, Hong Kong and Russia. 

news_23112019_alrosa.png
Image credit: ALROSA


Pavel Vinikhin, Director of the Diamonds of ALROSA cutting division commented the results of the auction: «We brought a diverse range of polished diamonds to New York, including fancy colors and different cuts. There were more than 50 participants, and customers from the US were among them as well. The auction was very successful, we sold the most part of the offered volume.» 
The Diamonds of ALROSA  sold 255 stones with a total weight of 435 carats, which is 80% of the total offer.
That amount included 21 stones of regular color, and 73 fancy colored diamonds, such as Yellow, Pink and Purple, as well as 9 sets of colored diamonds with a total weight of 65 carats.
This was the second ALROSA’s auction for polished diamonds in New York this year. The first one took place in summer and completed with a revenue of $3 million.

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