“Get Diamonds” platform will soon be available in Russian, Hindi, Arabic and any other languages as per demand from any countries

A first-generation diamantaire Yoram Dvash, currently serving as the Acting President at World Federation of Diamond Bourses (WFDB) and the President of the Israel Diamond Exchange (IDE), launched his diamond manufacturing and trading...

25 may 2020

Sustainability is the only way forward - Rahul Jauhari

Rahul Jauhari, Sr Vice President of Global Sales & Marketing, Star Rays, has forged ahead professionally for more than 14 years garnering experience in Business Development, Luxury Lifestyle Consultancy, Market Analysis, Global Fashion / Luxury trend...

18 may 2020

Keeping global supply chains functioning vital – De Beers

Diamond giant, De Beers has said that it is essential to keep global supply chains functioning in view of the substantial impact of Covid-19 on the industry. Group spokesperson David Johnson told Rough & Polished’s Mathew Nyaungwa in an exclusive interview...

11 may 2020

Gabon courts foreign investors to grow fledgling diamond sector

Diamond production in Gabon, which has been a member of the Kimberley Diamond Certification Process since 2018, is currently dominated by artisanal miners. The artisanal miners are producing about 300 carats per month, according to Gabon’s director of...

05 may 2020

TaTe Diamonds - a Namibian diamond company specialized in Namibian rough

Armed with degrees in Economics and Commerce and an MBA - specialized in Strategic Planning & Business Development, taShi Shiimi-ya-Shiimi is an executive, possessing many years of global experience in Information Technology and Strategic Management...

27 april 2020

ALROSA’s specials sold for $ 8.6 million in Israel

02 december 2019

In late November ALROSA held a special category (weighing more than 10.8 carats) diamond auction in Ramat Gan, Israel.
The company received $ 8.6 million from selling 116 diamonds weighing 1,800 carats, according to ALROSA.
The auction attracted companies from Israel, Belgium, India, the United Arab Emirates, Russia, Hong Kong and the USA. 

news_28102019_alrosa.png
          Image credit: ALROSA


"The auction attracted clients from Israel, who traditionally specialize in large rough diamonds. Customers from other countries also participated. In total, there were 121 participants. The sales went well and met our expectations, we sold 75% of the offered volume," commented Evgeny Agureev, Deputy CEO of ALROSA.
Every year, the company holds about 30 such auctions in Moscow, Vladivostok, Antwerp, Ramat Gan, Hong Kong, New York and Dubai. In Israel, there are six auctions per year.
Previously it was reported that in early November ALROSA tendered its special-sized diamonds and earned $11 million in sales revenue. The auction was held in New York. The company sold 93 rough diamonds with a total weight of 1,560 carats. This was the best result of the last few months.

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