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

Morgan Stanley lowered ALROSA's shares forecasted value from 60 to 52 rubles

19 november 2014
Morgan Stanley lowered ALROSA's shares forecasted value from 60 RUB to 52 RUB, Interfax reported  quoting the investment bank's review.
Nevertheless, the "buy" recommendation was confirmed, as Morgan Stanley experts believe the shares' market value has potential to grow by 20%.
As it was reported earlier,  Morgan Stanley forecasted that ALROSA's rough diamonds shall cost $127/ct by the end of the year. This is only 0.4% higher than the 013 level, despite the fact that world diamond prices grew 6-7% this year.
The investment bank noted that the Russian mining giant intentionally disposed of low quality stones in its stock benefitting from the high demand in H1 of 2014.
Morgan Stanley expects ALROSA to sell diamonds of higher quality after 2015, that in its turn will boost per carat revenue.
The current value of ALROSA's share is about RUB 43.

Anna Georgieva, Rough&Polished