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.


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

Christie’s Magnificent Jewels autumn auction concluded with success

28 november 2019

On 26th November, Christie’s held its Magnificent Jewels auction, which totaled US$50,880,505. Almost 25% of lots exceeded their estimate, according to the report from the auction house.  

Image credit: Christie's

The highlight of the sale was Heavenly Harmony, a Magnificent Jadeite and Spinel Necklace, which was sold for US$9,442,951. 
A 3.24 Carat Fancy Vivid Blue Diamond Ring by Moussaieff went under the hammer for US$6,893,880, at US$2.12M per carat.
Vickie Sek, Chairman, Jewellery Asia, commented, “We were encouraged by client participation at the highest levels, with multiple bidders on numerous top lots. We look forward now to the continuation of our jewellery sale season, with auctions in London, Paris, and New York for the grand finale on 11th December.”
The auction welcomed wide international participation, with bidders from 17 countries and 3 continents.

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