During its Q3 call, CEO Efraim Grinberg discussed the deal to lower tariffs on Swiss-made watches, watch market trends, and more.
Alrosa Digs Up a 207-Carat Diamond
The rough diamond is the largest gem-quality stone found at the Zarnitsa pipeline, which was the first diamond deposit discovered in Russia.

Udachny, Russia--Alrosa announced Tuesday the discovery of a 207.29-carat diamond from the Zarnitsa pipe at the Udachny Mining and Processing Division, a mining operation located not too far from the Arctic Circle.
The yet-to-be named rough diamond is the largest to ever be extracted from Zarnitsa.
Found in 1954, the Zarnitsa pipe was the first major diamond deposit discovered in Russia, though mining operations didn’t begin there until 1998, as the larger, neighboring Udachnaya pipe was easier to access.
“The modern mining and processing technologies ensure a high degree of diamond preservation,” said Gleb Shmarov, the chief geologist of Udachny’s mining and processing division.
A total of 7.49 million carats of reserve have been identified at Zarnitsa.
In the first quarter of this year, as mining operations have increased, diamond output has more than doubled as compared with Q1 2015, keeping up with Alrosa’s overall growth.
The 207.29-carat rough diamond found by Alrosa is the latest in a string of big diamond finds worldwide, including a few by the Russian mining company.
In February they announced the discovery of an 84-carat diamond, subsequently named “Mothers of Russia”, and in December Alrosa recovered a 105-carat diamond. Both stones were from the Jubilee pipe, which has become famous for the large diamonds it yields.
The Latest

Rosior’s high jewelry cocktail ring with orange sapphires and green diamonds is the perfect Thanksgiving accessory.

The “Embrace Your True Colors” campaign features jewels with a vibrant color palette and poetry by Grammy-nominated artist Aja Monet.

How Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.

Luxury veteran Alejandro Cuellar has stepped into the role at the Italian fine jewelry brand.


The company gave awards to four students at the Namibia University of Science & Technology, including one who is a Grandview Klein employee.

She is remembered as an artist who loved her craft and was devoted to her faith, her friends, and her family.

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

The polka dot pattern transcends time and has re-emerged as a trend in jewelry through round-shaped gemstones.

Vanessa Hickman, 49, allegedly sold a diamond bracelet that was mistakenly sent to her home.

GIA’s former president and CEO was presented with the Richard T. Liddicoat Award for Distinguished Achievement.

Social media experts spoke about protecting brand reputation through behaving mindfully online.

In 2026, the three will come together as “House of Brands,” with Gallet sold in Breitling stores and Universal Genève sold separately.

The second drop, which includes more Elphaba-inspired pieces from additional designers, will continue to benefit nonprofit Dreams of Hope.

Second-generation jeweler Sean Dunn has taken on the role.

Amber Pepper’s main focus will be on digital innovation and engaging younger consumers.

The lariat necklace features a 4.88-carat oval-cut Zambian emerald in 18-karat yellow gold.

A 43-carat sapphire brooch from the Vanderbilt collection was the top lot of the Geneva sale.

Rau is a fourth-generation art and antique dealer from M.S. Rau gallery whose first jewelry collection merges artifacts with modern design.

Former De Beers sustainability leader Purvi Shah will take over the role in February 2026.

La Joux-Perret is based in La Chaux-de-Fonds, Switzerland, and makes solar quartz as well as mechanical watch movements.

She previously taught at Gem-A and is the founder of The Gem Academy.

The British actress and her daughter modeled pieces from the brand’s new “Palette” capsule for its “Once Upon a Time” holiday campaign.

Plus, the tech giant shares the steps retailers should take if they believe they’re a victim of a review extortion scam.

Danny and Gaby Shaftel are now Shaftel Diamonds’ CEO and chief operating officer, respectively.

The jewelry manufacturer’s seasonal offering features its new “Melodie” bangles, as well as mini stud earrings and layering pieces.

With more than 140 activations taking place in New York City now through Nov. 23, these 12 events are can’t-miss moments.























