Associate Editor Lauren McLemore headed out West for a visit to Potentate Mining’s operation hosted by gemstone wholesaler Parlé Gems.
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

Fordite is a man-made material created from the layers of dried enamel paint that dripped onto the floors of automotive factories.

Gilbertson has worked as a researcher, jeweler, lapidary artist, appraiser, and business owner throughout his decades in the industry.

With their unmatched services and low fees, reDollar.com is challenging some big names in the online consignment world.

A decision likely won’t come until January 2026 at the earliest, and the tariffs remain in effect until then.


Located in the revamped jewelry hall at the retailer’s New York City flagship, this opening is Tabayer’s first shop-in-shop.

As the gold price rises, the manufacturer is offering a 100 percent payout through Sept. 30 for gold clean scrap.

Jewelers of America is leading the charge to protect the industry amidst rising economic threats.

Guillermo del Toro’s 2025 “Frankenstein” will feature 27 jewels and objects from the storied brand, including pieces from its archives.

The Waldorf Astoria New York’s grand reopening this past summer means a homecoming for the industry group’s annual event.

Anglo plans to merge with Teck Resources Ltd. to form Anglo Teck. The deal changes nothing about its plans to offload De Beers.

The 9.51-carat fancy vivid blue diamond, which set two world auction records at Sotheby’s in 2014, is estimated to fetch up to $30 million.

The industry veteran joins the auction house as it looks to solidify its footprint in the jewelry market.

The nonprofit awarded four students pursuing a professional career in jewelry making and design with $2,250 each.

The Texas-based jeweler has also undergone a brand refresh, debuting a new website and logo.

The two organizations have finalized and signed the affiliation agreement announced in May.

The single-owner sale will headline Sotheby's inaugural jewelry auction at the Breuer building, its new global headquarters, this December.

From sunrise yoga to tariffs talks, these are some events to check out at the upcoming inaugural event.

Smith recalls a bit of wisdom the industry leader, who died last week, shared at a diamond conference years ago.

The “Victoria” necklace features a labradorite hugged by diamond accents in 18-karat yellow gold.

Two lower courts have moved to block the import taxes, which will remain in place as the legal battle continues.

The Kansas City Chiefs quarterback shares Hublot’s dedication to pursuing greatness, the Swiss watchmaker said.

The Type IIa stone, recovered from Botswana’s Karowe diamond mine last month, features unique coloration.

Breitling is now the NFL’s official timepiece partner, a move that puts the brand in front of the millions of Americans who watch football.

NYCJAOS is set for Nov. 21-23 in New York City’s Chelsea neighborhood.

U.S.-based investment company SMG Capital LLC is the new owner of the luxury brand.