NDC filed a complaint against Skydiamond for use of phrases like “diamonds made entirely from the sky.”
Alrosa Announces Auction Schedule, Will Re-Open NY Office
The auctions are for the sale of rough diamonds weighing more than 10.8 carats.
Moscow--Alrosa has announced that it plans to hold 30 international auctions for the sale of rough diamonds weighing more than 10.8 carats in 2018.
Five auctions will be held in the first quarter, 10 in the second, six in the third and nine in the final quarter of the year.
Two of these auctions are scheduled to take place in New York (in May and October), where the diamond miner’s trade office will resume full-scale operation.
According to a company spokesperson, Alrosa’s New York office (Arcos USA) has been closed since 2016 due to “organizational reasons.”
Arcos USA will resume operations early this year, with the company noting that as the United States is the world’s largest consumer of polished diamonds, it sees great potential for prospective clients here.
The bulk of Alrosa’s 2018 large stone auctions will take place in Moscow. The company also will hold auctions in Vladivostok, as well as Antwerp, Dubai, Ramat Gan and Hong Kong.
Alrosa said according to Russian laws, rough diamonds weighing more than 10.8 carats can be sold only at auction. Between 60 and 100 companies from different countries generally take part in these auctions.
Preliminary figures indicate that Alrosa sold approximately 153,000 carats worth of rough diamonds valued at almost $365 million at international auctions in 2017.
For the full schedule of international auctions to come, visit Alrosa’s sales website.
The Latest
John Carter received the AGS’s highest honor Tuesday afternoon at Conclave in Austin, Texas.
LVMH said the company performed well despite an uncertain geopolitical and economic environment.
With Ho Brothers, you can unlock your brand's true potential and offer customers the personalized jewelry experiences they desire.
B&D Sales and Service held a ribbon-cutting event for its new location in Cranston, Rhode Island.
It’s ultra-feminine and filled with gold, pearls, and soft pastels.
Emily Highet Morgan and Emily Bennett have joined the agency’s team.
For over 30 years, JA has advocated for the industry, fought against harmful legislation and backed measures that help jewelry businesses.
Its updated book for mountings is also now available.
Joyce’s Jewelry sued the bank after cybercriminals drained its accounts of nearly $1.6 million through a series of wire transfers.
He is remembered by loved ones for his loyalty, integrity, and kindness.
Hosted by Freeman’s | Hindman, the sale will take place May 7-8.
The auction house said all 24 timepieces offered in its underground sale of rare and avant-garde watches quickly found buyers.
From lab-grown diamonds and AI to the inevitable Taylor Swift mention, here are some of Conclave’s most intriguing educational offerings.
From cybersecurity liability to trade show coverage, insurance experts share tips on how to build the right policy.
The charm is a modern rendition of the evil eye amulet that has been worn for thousands of years.
Ahead of its trade show next month, TJS awarded free registration and accommodations to one jewelry professional and three students.
By the end of this year, SRK’s diamond manufacturing complexes will achieve net zero emissions, one of an impressive array of achievements.
Members can still sell lab-grown stones, it said, but only natural gems are allowed on the show floor.
He is remembered for his charisma, passion, integrity, kindness, and wit.
The retailer also appointed two new board members, avoiding a proxy fight from a potential buyer.
The bridal collection consists of 35 engagement rings and seven wedding bands.
The crown introduced a dozen timepieces in Geneva, including a heavy metal version of its deep-sea divers’ watch.
The family-owned jeweler has a new education section on its website dedicated to the history of diamond cutting.
The limited-edition men’s rings can be customized with one of 12 team logos.
The program, now live in Europe, will roll out to the U.S. this summer.
Colored gemstones and signed jewels are the focus of its upcoming Geneva sale.