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

De Beers’ GemFair ropes in more than 160 Sierra Leone artisanal miners

De Beers inaugurated its GemFair pilot programme in Sierra Leone’s Kono District with 14-member mine sites in 2018 to create a secure route to market for ethically sourced artisanal and small-scale diamonds. GemFair programme manager Ruby Stocklin-Weinberg...

16 august 2021

ALROSA sees stable demand for high-quality roughs in April

07 may 2021
ALROSA held in April auctions for special size rough diamonds at its main trading offices to meet clients’ demand in purchasing high-quality rough.
Answering the market’s needs amid the remaining and newly introduced counter-pandemic measures worldwide, ALROSA in April held rough diamond auctions at those trading offices where it was possible.
According to the company, in course of the month, auctions for special size (over 10.8 carats) rough diamonds were held with viewings in Antwerp, Dubai, Moscow and Ramat Gan.
In Antwerp, the company sold 121 lots weighing 1,855 carats and earned $10.3 million. 22 companies from Belgium, India, Israel and the UAE bought the goods.
In Dubai, 137 diamonds with a total weight of 2,126 carats were sold to 42 companies from Belgium, India, Israel, UAE and Russia. The overall revenue amounted to $10.7 million.
At auction in Moscow, the company sold 237 diamonds weighing 3,353 carats for $12.2 million. Diamonds were purchased by 25 companies from Belgium, China, Israel, India and the UAE.
The auction in Ramat Gan fetched $9.1 million, 37 companies from Belgium, India and Israel bought 113 rough diamonds weighing 1,786 carats.
“Answering its clients’ requests, ALROSA in April mobilized all main trading offices where auctions were possible. Results show that there is a persisting need in high quality rough at the market. During April auctions, the company sold more than 90 percent of lots tendered with total proceeds significantly higher than starting prices,” commented Evgeny Agureev, Deputy CEO of ALROSA.

Alex Shishlo for Rough&Polished