Helga Pombal: Angola's Stardiam finds solution to the threat posed by lab-grown diamonds

Stardiam manager of production Helga Pombal told Rough&Polished's Mathew Nyaungwa on the sidelines of the Angola International Diamond Conference that lab-grown diamonds are creating a parallel market for more accessible stones, combined with lower...

11 november 2024

Ellah Muchemwa: ADPA to launch Africa's first diamond mining standard next year

The African Diamond Producers Association (ADPA), which is based in Luanda, Angola, and represents the interests of mainly African diamond producers and those with the potential to produce diamonds, will next year launch the Sustainable Development...

04 november 2024

Dmitry Fedorov: I want our jewelry to be displayed at a museum in the future

Dmitry Fedorov is the founder of the eponymous jewelry house. His main focus is the creation of Orthodox-inspired premium luxury jewelry of high artistic merit. He told Rough&Polished about his journey in the jewelry industry, about choosing the ‘Orthodox...

28 october 2024

Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

ALROSA sells rough and polished diamonds worth USD 337.6 million in October

09 november 2017
ALROSA Group, the world leader in diamond production, announces diamond sales results for October and ten months of 2017.
In this October, ALROSA Group sold USD 337.6 million worth of rough and polished diamonds. Rough diamond sales by value amounted to USD 326.7 million, polished diamond sales – USD 10.9 million.
In January – October 2017, ALROSA’s rough and polished diamond sales amounted to USD 3.695 billion. Rough diamonds were sold for USD 3.616 billion, polished diamonds – for USD 79.0 million.
“Trade in October was more active than a month before – the Company’s sales grew compared to September, being stimulated by additional growth in demand for small-size rough diamonds at the end of the month. At the same time, sales in October last year were higher in monetary terms due to the sale of a larger volume of products from inventories,” ALROSA Vice President Yury Okoemov commented on the sales in October.