GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

The future for synthetics lies in that it has become possible to grow a stone you want and make what you want out of it

Alex Popov, President of the Moscow Diamond Exchange and head of the Âme jewelry brand, which uses lab-grown diamonds to produce jewelry, sat for an interview with Rough&Polished sharing his views on the coexistence of natural and man-made diamonds in...

23 august 2021

ALROSA earns $6.9 mln at auction in Belgium

03 november 2020
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Image credit: ALROSA


ALROSA announced the results of special size (over 10.8 carats) rough diamond auction held in Belgium this October.
The company sold 112 rough diamonds with a total weight of 1,733 carats. The overall revenue amounted to $6.9 million, ALROSA said in a statement.
“Despite all the current challenges associated with the pandemic, we try to meet the needs of our customers by offering rough diamonds in those countries where they operate. During the latest auction, 28 companies purchased our diamonds. We appreciate that our customers find an opportunity to continue their business and purchase our products despite all the restrictions,” said Evgeny Agureev, deputy CEO of ALROSA.
Under the current legislation, ALROSA sells special-size (over 10.8 carats) rough diamonds at auctions only.
In March 2020, ALROSA suspended auctions due to the Covid-19 pandemic. Customers participated in online auctions with detailed digital copies of each rough diamond provided for review and detailed analysis. In May, the company started the return to the usual format by organizing auctions in its trading offices in Belgium and Israel. The following auctions in these countries were held in July and September. In October, ALROSA held a successful auction in Dubai, the first one since the pandemic began.  
 
Alex Shishlo for Rough&Polished