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GIA Matryoshka 150 Centered
GIA Examines Alrosa’s Matryoshka Diamond
Three months after Alrosa revealed its discovery of a diamond-within-a-diamond, the Gemological Institute of America (GIA) has proposed an explanation for how this mysterious phenomenon came about. The GIA’s team, which examined the stone...
Mining Jan 21, 2020 Rapaport News
Alrosa
Alrosa Takes First Step Toward Reopening Mir
Alrosa has begun drilling at its Mir mine to test whether reopening the deposit is economically viable.This phase, which it will carry out through 2021, will help define the mine’s dimensions and the quality...
Mining Jan 20, 2020 Rapaport News
Alrosa
Alrosa Names New Director of Severalmaz
Alrosa has appointed Ravil Sanatulov to succeed Andrey Pismenny as general director of its Severalmaz mining division.Sanatulov began his mining career with Alrosa in 1986 as an equipment engineer in Mirny, prior to being promoted to various positions, the...
Mining Jan 15, 2020 Rapaport News
Alrosa
Alrosa Revenue Rises Amid Market Rebound
Alrosa’s sales increased 11% year on year to $363.8 million in December as demand in the manufacturing sector continued to rebound, the Russian miner said Monday.“In December, we observed signs of stabilizing diamond demand that had emerged earlier...
Mining Jan 13, 2020 Rapaport News
A diamond ring (Shutterstock)
Diamond Prices Stable After Year of Declines
RAPAPORT PRESS RELEASE (Revised), January 7, 2020, Las Vegas… Diamond market conditions improved in December as US and Chinese holiday demand helped raise sentiment. Polished prices stabilized and improved for sizes under 1 carat, supported...
Polished Markets Jan 07, 2020 Rapaport
ALROSA Rough2
Alrosa Releases 2020 Supply Schedule
Alrosa has published its schedule of contract sales and auctions for next year.The Russian miner has maintained its format of monthly sales under the Alrosa Alliance, its long-term supply program. It will also...
Mining Dec 31, 2019 Rapaport News
Top Diamonds of 2019
Diamonds That Created a Buzz in 2019
It was another big year for big diamonds, with several stones that raked in big bucks, set records, or otherwise made headlines. These were the stones that caught our attention in 2019.Biggest money makers1....
Polished Markets Dec 31, 2019 Leah Meirovich
Alrosa 191 carat
Alrosa Unearths 191ct. Rough Diamond
Alrosa has recovered a rough stone weighing 190.77 carats from its Botuobinskaya pipe in the Siberian republic of Yakutia.The company has estimated the white, high-quality diamond is approximately 2 billion years old. It plans to send it to the...
Mining Dec 29, 2019 Rapaport News
The Next Diamond Decade
The Next Diamond Decade
It wasn’t that long ago that De Beers declared the 2010s “The Diamond Decade.” Growth in China and India was projected to drive demand, while the US would take small steps out of recession. This is what...
Polished Markets Dec 25, 2019 Avi Krawitz
Alrosa Firebird
Graff Buys 21ct. Polished Yellow from Alrosa
Alrosa has sold its celebrated Firebird diamond to Graff, achieving one of the highest per-carat prices for a stone of its type in recent years, the miner said.Alrosa did not disclose the final sale price...
Polished Markets Dec 24, 2019 Rapaport News
Alrosa Kristall
Alrosa to Restructure Manufacturing Business
Alrosa’s supervisory board has approved a three-yearstrategy for its cutting-and-polishing divisions, including the integration of newacquisition Kristall. The plan, which it will implement between 2020 and 2022,will improve the efficiency of the Russian miner’s...
Manufacturing Dec 17, 2019 Rapaport News
Alrosa Everledger
Alrosa Collaborates on WeChat Blockchain
Alrosa will help launch a blockchain-based provenance program offering Chinese consumers greater transparency when buying jewelry via WeChat. The e-commerce program, apartnership with blockchain platform Everledger and Chinese Internet giantTencent Holdings,...
Technology Dec 17, 2019 Rapaport News
Angola Luaxe
Alrosa’s Angola Mine to Start Production in 2020
After six years of development, production is due to begin at Alrosa’s Luaxe diamond deposit in Angola next year, the nation’s government said. Output will come to around 1 million carats valued at $90 million in the first year,...
Mining Dec 15, 2019 Rapaport News
Alrosa November sales
Alrosa Sales Reach Six-Month High
Alrosa’s sales rose 5% year on year to $287.8 million inNovember, as the manufacturing sector began to rebound, the Russianminer said Tuesday. The monthly sales are the highest the company has reportedsince April, and the...
Mining Dec 10, 2019 Rapaport News
Bruno Scarselli
Can Nanotechnology Save the Diamond Trade?
It’s not easy for a diamantaire to compete in the emerging diamond-traceability market, admits Bruno Scarselli, a New York-based supplier of fancy-color diamonds. As the likes of De Beers, the Gemological Institute of America (GIA) and others roll out...
Technology Dec 09, 2019 Avi Krawitz
Alrosa
Alrosa Identifies Potential New Diamond Resources
Alrosa has identified three new exploration sites that couldpotentially yield 17.9 million carats of rough across their lifespan, according to preliminaryestimates.The sites are located close to Alrosa’s Mir mine in the Yakutia region of Russia....
Mining Dec 09, 2019 Rapaport News
Tiffany
LVMH Sees Value in Tiffany’s Diamond Sourcing
A storied past and popularity as a brand might bethe first things that would attract a potential suitor to Tiffany & Co. ButLVMH has identified another key attribute that made the US jeweler a valuabletarget: its ability...
Retail Nov 28, 2019 Joshua Freedman
GIA Fluorescence Scale
The Curious Case of Fluorescence
The diamond industry has a complicated relationship with fluorescence.Historically, both the trade and consumers saw value in a diamond that fluoresced under ultraviolet light. The perception was that it added to the color of the diamond...
Polished Markets Nov 26, 2019 Avi Krawitz
Rough fancy intense yellow diamond for Princess Cu
Zimbabwe to Take Smaller Cut of Diamond Sales
Zimbabwe plans to reduce the percentage of sales diamond miners must pay to the state, aiming to encourage companies to invest in the Marange fields.The government proposed a new royalty rate of 10% in theannual budget last week. Diamond...
Mining Nov 18, 2019 Rapaport News
Alrosa Sarine
Alrosa Launches Digital Tenders with Sarine Tech
Alrosa has implemented a digital-tender pilot enabling buyers to scan rough diamonds to evaluate their polished output using systems from SarineTechnologies. The program, which the Russian miner debuted at its October sale, uses Sarine’s...
Rough Markets Nov 11, 2019 Rapaport News
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