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Recoveries included the 1,758-carat Sewelô diamond, which it is cutting in partnership with Louis Vuitton.
The company has a cautiously optimistic outlook for 2020 despite a down year in 2019 and various economic challenges, including coronavirus.
It’s the latest in a line of notable natural colored diamonds mined and cut by Alrosa.
The miner paid $7.8 million in a purchase and non-competition agreement with GemRock Company Ltd.
It said demand for rough diamonds is “steady” as cutters restocked following a solid holiday season.
Plus, Gem Diamonds digs up a 183-carat rock.
What started out as a gift for a granddaughter turned into an epic project with an aspect of giving back.
De Beers’ 2019 totals fell 13 percent year-over-year while Rio Tinto’s were down 8 percent.
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Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.