News

ALROSA reports rough and polished diamonds in November worth $334 mln

diamond world news service
ALROSA sales of rough and polished diamonds in November totaled $334 million, including proceeds from rough diamond sales of $310 million, and polished diamond sales of $24 million.
 
For eleven months of 2021, total rough and polished diamond sales accounted for $3,915 million, including $3,736 million of rough diamond sales and $179 million of polished.
 
“End demand for diamond jewelry in the key markets keeps growing at a double-digit rate in Q4 driven
by the unleashing of pent-up spending and higher confidence among the main consumer groups. Market players see increased demand for wedding jewelry and expect this trend to continue unabated in 2022. Midstream inventories are currently at low levels due to the limited availability of raw materials supplied by mining companies and continuously strong consumer demand,” said Evgeny Agureev, Deputy CEO
of ALROSA.

Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet

 
 
image

Gemfields’ Mozambican rubies shine in Sandy Leong’s Lunar Collection

Los Angeles Artist Maggi Simpkins Unveils Diamond-Set Bose Earbuds

Gem & Jewellery Sector granted Authorized Economic Operator (AEO) Status

WDC calls on industry to prepare for revised system of warranties deadline

GIA India's graduation ceremony honors Diamond Diploma Achievers