Ethical sourcing and Diamonds Standards Organization

The diamond sector is ready to embrace a new decade and overcome some of its historical challenges. Ethical sourcing has proven to be undoubtedly one of the main aspects that industry professionals need to address. Antonio Cecere, President of Geneva...

Yesterday

Ali Pastorini: Challenges make us think out of the box and be closer to customers

Ali Pastorini is the co-owner of DEL LIMA JEWERLY and President of Mujeres Brillantes, an association which brings together more than 1,000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

20 january 2020

Today’s customer needs an offer of something unique that others do not have

Oksana Senatorova is the publisher of the Jewelry Trade Navigator magazine and the founder of the Jewellery Business Academy.
She graduated from I. M. Sechenov Medical Academy and the Faculty of Psychology of Lomonosov Moscow State University...

09 january 2020

Inventories accumulated by De Beers, ALROSA to put ceiling on prices near-term even if demand substantially picks up – Zimnisky

As we are in the last month of 2019, it is prudent to examine what the diamond industry went through and the possible trajectory in the upcoming year. Industry expert, Paul Zimnisky spoke with Rough & Polished’s Mathew Nyaungwa to discuss this and other...

30 december 2019

Empowering customers and engaging more with our stakeholders is the new Mission

The unassuming Govindbhai Laljibhai Dholakia, Chairman, Shree Ramkrishna Exports Pvt Ltd (SRK) is not just an ace businessman but a noted philanthropist. He has contributed immensely to social welfare with special focus on education … a noteworthy...

23 december 2019

ALROSA to hold 34 international special diamond auctions in 2020

31 december 2019

alrosa_logo.jpgALROSA, the Russian and global diamond giant, intends to hold 34 international auctions for the sale of special diamonds in 2020, says the company.
In Q1, the company will have seven auctions, in Q2 - eight, in Q3 - seven, and in Q4 - 12 auctions.
“Russian law stipulates that special size rough diamonds (weighing over 10.8 carats) must be auctioned. In general, such auctions attract up to 100 companies from different countries. Auction sales currently account for about 10% of our overall sales volumes”, said Evgeny Agureev, Deputy CEO of ALROSA.
According to the report, a total of 14 auctions will be held on the territory of the Russian Federation, in particular 11 auctions will be held in Moscow, and 3 in Vladivostok.
The remaining auctions will be held in Antwerp (Belgium) - 3 auctions, in Dubai (UAE) - four, in Ramat Gan (Israel) - five, in Hong Kong (China) - four, in New York (USA) 4 auctions will be held.
Recently it was reported that ALROSA recovered a 190.77 carat diamond at its Botuobinskaya kimberlite pipe in Yakutia. The diamond has high quality characteristics, according to the company. 

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