Diamonds – Page 2 – THE OVAL CIRCLE

‘Ultra-rare’ pink Russian diamond fetches record $26.6 million in Geneva (PHOTO, VIDEO)

Posted on November 16, 2020November 16, 2020By Editor

A mystery buyer has bought an extremely rare purple-pink 14.83-carat diamond, which was mined and cut in Russia. The gem has become the largest of its kind ever to appear at Sotheby’s in Geneva. … Read More >‘Ultra-rare’ pink Russian diamond fetches record $26.6 million in Geneva (PHOTO, VIDEO)

Russia’s ALROSA leading global diamond production amid Covid-19 pandemic – Putin

Posted on October 18, 2020October 18, 2020By Editor

Russian gem miner ALROSA has taken the top position in global diamond production during the coronavirus pandemic, President Vladimir Putin said during a meeting with the company’s CEO, Sergey Ivanov. … Read More >Russia’s ALROSA leading global diamond production amid Covid-19 pandemic – Putin

Russia’s diamond producer sees recovery this year for pandemic-hit sales

Posted on June 13, 2020June 13, 2020By Editor

The global leader in diamond mining, Russia’s ALROSA, expects sales of its gems to reach 25 million carats in 2020, according to the company’s Deputy General Director, Alexey Filippovsky. … Read More >Russia’s diamond producer sees recovery this year for pandemic-hit sales

Coronavirus brings diamond sales to an almost complete halt

Posted on May 18, 2020May 18, 2020By Editor

A leading global diamond producer, Russia’s ALROSA, is reporting that its sales were down tenfold in one month alone, as the impact of Covid-19 ripples through the global economy and supply chains. … Read More >Coronavirus brings diamond sales to an almost complete halt

Russia may soon become world’s largest producer of colored diamonds

Posted on February 23, 2020February 23, 2020By Editor

One of Russia’s top diamond producers, Alrosa, is poised to take the lead in the global colored-diamond market as soon as Australia’s Argyle mine – currently the largest supplier of the precious rare stones – closes. … Read More >Russia may soon become world’s largest producer of colored diamonds

Russian banks may grant loans to diamond buyers in India – media

Posted on February 9, 2020February 9, 2020By Editor

Indian diamond traders purchasing rough precious stones from major Russian miner Alrosa could be eligible for loans from Russian banks, as domestic lenders have reduced financing for the gem and jewelry sectors. … Read More >Russian banks may grant loans to diamond buyers in India – media

Indian jewelers say dropping import duties on Russian diamonds will boost bilateral trade

Posted on January 20, 2020January 20, 2020By Editor

New Delhi is considering signing a bilateral agreement with Russia to reduce import duties on processed diamonds and jewelry, the chairman of the country’s Gem & Jewelry Export Promotion Council (GJEPC), Sanjay Shah, said. … Read More >Indian jewelers say dropping import duties on Russian diamonds will boost bilateral trade

New Year’s surprise from nature: Russia’s diamond titan unearths massive 190-carat gem

Posted on December 28, 2019December 28, 2019By Editor

A huge 190.77-carat diamond was discovered in Russia’s Siberian republic of Yakutia several days before New Year’s, the world’s leading diamond producer, ALROSA, announced. … Read More >New Year’s surprise from nature: Russia’s diamond titan unearths massive 190-carat gem

Russia to sell diamonds in China on WeChat using blockchain technology

Posted on December 17, 2019December 17, 2019By Editor

The world’s largest diamond producer, Russia’s ALROSA, has announced the launch of a blockchain program on one of China’s largest social platforms WeChat to help Chinese retailers track the origin of diamonds. … Read More >Russia to sell diamonds in China on WeChat using blockchain technology