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Alrosa will start assessing its clients’ rough-diamond needs annually rather than every three years, beginning in its next contract period — a move that will give the Russian miner more opportunity to match supply with demand.
Pavel Vinikhin, Director of DIAMONDS ALROSA, the company’s polishing branch, visited Israel on Thursday and sat down with IDEX to discuss the purpose of his visit.
ALROSA is known as the largest diamond mining company throughout the world. However, not everyone is aware that it has its own diamond-cutting division.
ALROSA’s affiliate Almazy Anabara has extracted a large 34.17-carat yellow diamond. It is the largest fancy-colored rough diamond extracted by the Company this year.
The Kimberley process with its 54 member-countries made the statistics on of the rough diamond production and trade open and available for studies by all the countries in the world.
Dubai’s first diamond-manufacturing facility, which officially opened Tuesday, has been tasked with cutting and polishing the world’s most valuable rough diamond.
De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the eighth sales cycle of 2017.
In September 2017, ALROSA Group sold USD 309.7 million worth of rough and polished diamonds.Rough diamond sales by value amounted to USD 305.8 million, polished diamond sales – USD 3.9 million.
An impressive flawless 163-carat diamond that has been hailed the “world’s most beautiful” will go under Christie’s hammer in Geneva in November, the auction house said Thursday.
ALROSA President Sergey Ivanov has held a meeting with US diamond industry representatives: Ronald VanderLinden, President of the US Jewelry Council, and Reuven Kaufman, President of Diamond Dealers Club of New York.
Almost exactly two years after its discovery, Lucara Diamond Corp. has found a buyer for the “Lesedi La Rona,” the 1,109-carat rough diamond unearthed at its mine in Botswana.
Alrosa reported this week that subsidiary Almazy Anabara has recovered what is by far the largest pink diamond in company history.