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

“We welcome the mandatory hallmarking in the interest of consumers, but it is also essential to have proper and evenly spread infrastructure across India,” asserts Ashish Pethe, Chairman, GJC

Ashish Pethe, Chairman of All India Gem and Jewellery Domestic Council (GJC), formerly known as All India Gems & Jewellery Trade Federation (GJF) is based in Mumbai. As the third-generation heir of M/s Waman Hari Pethe Jewellers established...

17 may 2021

ALMAR is a case in point that will serve to develop the process of funding junior companies and geological exploration in general

Arkticheskaya Gornaya Kompaniya (AGK, Arctic Mining Company) develops the diamond deposits in the Lena-Anabar diamondiferous sub-province of Yakutia under the ALMAR (Diamonds of the Arctic) brand. This company attracts investments for...

10 may 2021

ALROSA names a large diamond mined in Yakutia as Sputnik V

19 february 2021
news_19022021_sputnik_v.png
Image credit: ALROSA

ALROSA has decided to name an especially large gem-quality diamond in honor of the first Russian vaccine against COVID-19. The company announced this in a press release distributed earlier this week. Named Sputnik V, the diamond weighs 100.53 carats.
The light-yellow precious stone was mined at alluvial diamond fields in Nothern Yakutia. “Rough diamonds of this size and color are true natural wonders. Therefore, we decided to name this outstanding crystal after the first Russian coronavirus vaccine, which is also a miracle created by our scientists. The vaccine itself and the fact that it was developed so fast are both exceptional. This gives us hope getting back to life as usual in the foreseeable future,” commented Sergey Ivanov, CEO of ALROSA.
The Gam-COVID-Vac combined vector vaccine developed by the N.F. Gamaleya National Research Center for Epidemiology and Microbiology with support from the Russian Direct Investment Fund was registered by the Russian Ministry of Health in August 2020. The vaccine was named “Sputnik V” after the first Soviet space satellite, which gave a new impetus to the global space research.
The alluvial deposits in northwest Yakutia, where ALROSA's subsidiary Almazy Anabara operates, are traditionally the leaders in mining of natural-colored diamonds, including those with exceptionally rare hues.