MIUZ Diamonds - diamonds with a century of history

Moscow Jewellery Factory (MIUZ) has always been famous for its craftsmen winning prizes and obtaining the diplomas of “the best enterprise in the jewellery trade”. One of the oldest factories in Russia has two interesting news: about its recent...

Today

Lab-grown diamonds and jewellery are the future, says Liu

As the founder of the Diamond Little Star® brand, Liu Jiangjiang is actively involved in various business activities. He founded the Lab Grown Diamond Research Centre and the Lab Grown Diamond Club in China. At the same time, he is also the General Counsel...

14 june 2021

Pandora’s endorsement of lab-grown stones will not devalue natural diamonds – Zimnisky

Jewellery retailer Pandora recently announced that it will no longer purchase natural diamonds as it had switched to lab-grown diamonds. However, diamond market analyst Paul Zimnisky told Rough&Polished’s Mathew Nyaungwa in an exclusive interview that...

07 june 2021

“The volume of Forevermark diamonds that we drive through Indian partners is much higher than in other parts of the world,” says Sachin Jain

Sachin Jain has been a part of the Indian arm of De Beers that dates back to 2010 when he came on board as Head of Retail. In year 2014 he took over as President of Forevermark and today he is the Managing Director of De Beers, India. His single-minded...

31 may 2021

GSI's new Jaipur office to specialize in colored gemstones

Gemological Science International (GSI) has opened a new laboratory in Jaipur, India. Since this state is the capital of colored gemstones, the laboratory will have a dedicated division specializing in colored gemstone geographical origin and...

24 may 2021

Grib Diamonds raked in over $ 20 million at auction in Antwerp

17 june 2020
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Image credit: AGD DIAMONDS

On June 16th Grib Diamonds sold over $20M of rough diamonds from its fully owned Grib Diamond Mine in Russia.
Despite the troubled times the rough diamond market is going through, Grib was able to sell more than 90% of the goods on offer and approximately 350k carats.
Using its online appointments system and having introduced new measures to ensure the safety of all attendees and staff, over 150 companies were able to attend the viewing in Antwerp.
In a display of trust in its well-known sales assortments, some Grib customers that were unable to attend due to travel restrictions were even prepared to bid blind. Grib would like to extend its appreciation for the continued support and loyalty of its customers whose participation in the sale was the key factor for the success of this auction.
Grib CEO Igor Prokhorenko said, “We are delighted to be able to place these goods in Antwerp, the most important diamond trading centre in the world. Our world-class auction system continues to outperform, and the results show that we can sell successfully under any market conditions. We have ample viewing facilities and processes in place that would enable us to sell productions from anywhere in the world.”

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