Industry News

October 20, 2019

Israeli diamond export, one of the state's leading export branches, fell 21.1 percent year on year in the first three quarters of 2019, Hebrew-language news website "Ynet" reported Tuesday.


According to the report, the Israeli exports of polished diamonds from January...

October 20, 2019

Costco sold a diamond ring worth $220,000 in the fourth fiscal quarter, the membership-based warehouse retailer said earlier this month.

Executive vice president and chief financial officer Richard Galanti confirmed the sale during the company’s fourth-quarter earning...

October 16, 2019

Alrosa’s sales fell 24% year on year to $258.7 million in September, amid continued market weakness.

However, the total was the highest in four months, and reflected a noticeable recovery in the small-stone sector, the Russian miner said last week.

“It is partly due...

October 13, 2019

ALROSA Group has announced diamond sales results for September and nine months of 2019.


In September, ALROSA Group sold $258.7 million worth of rough and polished diamonds. Rough diamond sales by value amounted to $256.5 million, polished diamond sales―$2.2 million, wh...

October 13, 2019

The Kristall Production Association will hold an on-site trading session offering diamonds of various cuts and sizes as part of its integration process with PJSC ALROSA, according to a press release distributed by the diamond manufacturer.


The trading session will be h...

October 6, 2019

Dubai-based diamond company Nemesis International recently unveiled what it says is the largest D-color diamond ever graded by the Gemological Institute of America.

It is 313 carats (pictured), and Nemesis took 18 months to cut it from an enormous chunk of rough unear...

September 29, 2019

Nemesis International on Thursday unveiled a 313-carat diamond that has been certified as the largest D-color polished stone in history. 

The emerald-shape, VVS-clarity diamond, known as Constellation 1, is one of eight stones that make up a collection manufactured fr...

September 29, 2019

Alrosa is set to finalize its acquisition of diamond manufacturer Kristall in a $29 million deal in October, following approval from its supervisory board.

Alrosa expects the RUB 1.89 billion sale-and-purchase agreement to be signed by the end of the month, with a con...

September 26, 2019

First UAE crafted stone of its importance and world breaking record value ever certified

Dubai based diamond trading company, Nemesis International announces the reveal of the world largest “D coloured” diamond ever certified by GIA. The emerald cut diamond is priceless...

September 18, 2019

Alrosa’s supervisory board is set to vote on the acquisition of diamond manufacturer Kristall, which will enable the miner to focus on increasing sales in the US and China, it said Tuesday.

The deal, which will go up for consideration on September 24, will cost Alrosa...

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