ALROSA amends its trading sessions’ schedule
ALROSA decided to change dates for its trading sessions in July and August after having reviewed the current market situation
July trading session, initially scheduled for July 12-17, will take place on July 27-31. This...
Indian Diamond Industry Seeks Voluntary Rough Import Suspension From 10-31 July
The Gem & Jewellery Export Promotion Council (GJEPC) along with four prominent diamond bodies Bharat Diamond Bourse (BDB), Mumbai Diamond Merchants Association (MDMA), Surat Diamond Association (SDA) and Surat Diamond Bourse (SDB) have jointly...
Celebrity influence a major factor in UK engagement ring sales
Jewellers keen to get a steer on the type of engagement rings currying favour with customers would do well to keep a laser-like focus on what the world’s biggest stars are wearing.
New research suggests...
Dubai-China deal to boost diamond trade
The Dubai Multi-Commodities Center (DMCC) and the Guangzhou Diamond Exchange (GZDE) inked an agreement aimed at creating new diamond trading opportunities between China and the United Arab Emirates.
The memorandum of understanding (MoU) will grant...
Diamonds Do Good’s First Virtual Meet to Offer Global Insights on Natural Diamond Industry
Non-profit organisation Diamonds Do Good, formerly known as the Diamond Empowerment Fund, will bring together key leaders from the retail and diamond sectors to share their viewpoints in its first virtual event on 30th...
6 Places to Wear Your Favorite Diamonds
Diamond jewelry is a fantastic gift, but it can often be disheartening when you’re waiting for the perfect opportunity to show off your items and find that the opportunity hasn’t presented itself yet. However,...
Gems Worth $177m Seized from Fugitive Modi and Uncle
Diamonds, pearls and other jewelry valued at $177m have been seized by Indian officials investigating fugitive billionaire Nirav Modi and his uncle Mehul Choksi.
Last week a court-approved the confiscation of assets for the...
Severalmaz cuts production
Arkhangelsk, June 2020 – The Lomonosov Division of Severalmaz, a subsidiary of ALROSA Group, will decrease its 2020 diamond output. This decision was driven by the closure of the Group’s key sales markets and...
BlueRock Reports Record Output after Lockdown
British miner BlueRock reports record output since it re-opened Kareevlei, in South Africa, after COVID-19 restrictions were eased.
Production has been averaging almost 2,000 tons a day since 11 May 2020, up almost two-thirds on...
ALROSA reports on the results of the first stage of its digital tender
ALROSA completed the first round of a digital tender for large rough diamonds, which took place between May 15 and May 29, 2020. At the tender, the company’s long-term clients purchased 102 rough diamonds...
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