Academician Pokhilenko: The situation with rough diamonds in the Russian Federation will start changing for the worse as early as 2025

Nikolai Petrovich Pokhilenko, Academician of the Russian Academy of Sciences (RAS), Deputy Chairman of the Siberian Branch (SB) of the RAS, Scientific Director of the Institute of Geology and Mineralogy of the SB of the RAS, is a prominent...

11 january 2021

Ilgiz Fazulzyanov: For a creator, the quarantine is the time to work on future masterpieces

Ilgiz Fazulzyanov is a successful and internationally recognized jewellery designer. He received his academic art education in Kazan and moved to Moscow in the 1990s where he lives and works now. His brand, Ilgiz F., is well known among true connoisseurs...

04 january 2021

Botswana Diamonds keen to mine KX36 kimberlite if found commercial

Botswana Diamonds intends to mine the KX36 kimberlite, which it recently acquired from Petra Diamonds if found commercial. The high-grade KX36 kimberlite pipe is part of the three Prospecting Licenses in the Central Kalahari Game Reserve in Botswana...

28 december 2020

‘We expect to completely open the Bourse for business by Q1 of the Year 2022,’ assures Vallabhbhai Patel, Chairman, SDB

Vallabhbhai Patel, Chairman of the Surat Diamond Bourse, dreamed of building the world’s largest commercial building in Surat for the Indian diamond industry. He conceptualized the ‘Surat Diamond Bourse’ (SDB), which is set to redefine...

21 december 2020

An opportunity to show your products and occupy your niche

Recently, GOLDNET.MARKET, the first jewellery wholesale marketplace, appeared on the Russian jewellery market. Vladimir Pilyushin, one of the founders of GOLDNET.MARKET, editor-in-chief of the ‘Russkyi Yuvelir’ (Russian Jeweller) magazine...

14 december 2020

ALROSA sold its 6-carat pink diamond

19 february 2020

ALROSA sold a 6.21-carat pink diamond of its own production to American collector Larry West.
The cushion cut Fancy Intense Pink Purple diamond has certificates of origin, a digital passport with a detailed history of production and cutting, as well as information about the experience of the master who cut it. 

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                Image credit: ALROSA


“As global production declines, pink diamonds will become rarer and thus more valuable,” said Larry West. “This is the first diamond from Russia that I have bought directly from ALROSA. It possesses excellent characteristics and will certainly take a worthy place in my collection.”
Pink stones are already rare, as the Argyle mine of Rio Tinto, which produces 90% of the world’s supply of pink diamonds, is coming the end of its life.
Rio Tinto data shows that the price of pink diamonds mined at the Argyle mine has jumped 500% since 2000.

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