
India's huge diamond-polishing industry has furloughed around 250,000 of its roughly two million workers because of sanctions on Russia hitting supplies, a trade union said Thursday.
48 published items with the word (s) or phrase Alrosa in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
India's huge diamond-polishing industry has furloughed around 250,000 of its roughly two million workers because of sanctions on Russia hitting supplies, a trade union said Thursday.
The biggest white diamond ever to be sold at auction, dubbed "The Rock", will go under the hammer in Geneva on Wednesday and could fetch up to $30 million -- or more.
Diamonds shine brightly at this year's Geneva watch fair but the sanctions slapped on Russia could soon force the Swiss watch industry to produce more subdued designs.
Natural diamond supply has peaked and will remain stable for the next few decades, the CEO of mining giant De Beers told Reuters on Monday, adding that the industry should see decent medium- to long-term growth.
A rare pink diamond derived from the biggest raw stone of the colour ever found in Russia was sold for $26.6 million on Wednesday at Sotheby's in Geneva.
An extremely rare pink diamond will be auctioned in Geneva on November 11 by Sotheby's, which says it is worth between $23 and $38 million.
Israel's economy is slowly returning to normal with the gradual easing of its lockdown, but the diamond district, one of the world's main trade and polishing centres, is still deserted.
Petra Diamonds Ltd reported a 11% fall in core earnings for the first half on Monday and warned that the coronavirus outbreak had hurt demand in the diamond market.
Russia’s Alrosa is talking to several global jewelery retailers about jointly marketing the miner’s jewelery brand that uses fluorescent diamonds, as it strives to create a new niche for the natural stones.
Diamonds are forever, and so is the permanently frozen ground of Yakutia in north eastern Siberia, home to huge diamond deposits that ensure Russia's supremacy in world production of the luxury stone.