Sponsored by American Gem Trade Association
Alrosa Unearths 118-Carat Diamond
The diamond may be named “Zarya” to commemorate the opening of Alrosa’s new mine.

Moscow—Alrosa has discovered a rough diamond weighing 118.91 carats, the Russian miner announced Tuesday.
It’s the largest gem-quality diamond found at Alrosa’s “International” mine in the last two years; a 109.61-carat diamond was uncovered in the summer of 2017.
“This crystal is unique as it has a large clean area despite the inclusions in the center—this makes it a gem-quality diamond,” said Evgeny Agureev, a member of the management board and director of the United Selling Organization, the arm of Alrosa tasked with the sorting, valuation, and sales of diamonds.
Diamonds from the International kimberlite pipe are known for their “regular shapes and purity,” Agureev said.
The diamond was recovered just ahead of the launch of another Alrosa mine, “Zarya,” a diamond deposit located within the Aikhal mining and processing division in Siberia.
The Zarya pipe is expected to produce a maximum of 1.25 million tons of ore per year with a lifespan of 11 years.
The company is considered naming the 118.91-carat diamond recovered at International “Zarya” to commemorate the launch of the new mine.
The Latest

In the United States, second-quarter sales were flat amid soft consumer sentiment and lower in-store traffic.

The 22-karat gold egg, sold at Batemans Auctioneers in the U.K., was part of a 1980s treasure hunt ad campaign for Cadbury Creme Eggs.

Retailers are seeking new ways to attract customers, increase traffic, and create revenue – Estate buying events are a popular solution.

The expanded collections now feature hand-cut gemstones like topaz, tanzanite, chrysoprase, chalcedony, smoky quartz, and fire opal.


The lab-grown diamond jewelry brand’s newest boutique is in Westfield Valley Fair in Santa Clara, California.

Two suspects offered to trade the woman a “winning” lottery ticket for her jewelry.

Colored gemstones, artisan finishes, mixed metals, and meaningful details are shaping demand in bridal jewelry.

Finsch has been in business rescue since May, and owner Petra Diamonds said it sees no viable path forward for the mine.

Michel Patrick DeSalles was sentenced after pleading guilty to the 2017 murder of Omid Gholian, who owned a jewelry store in Manhattan.

Longtime industry executive Beth Miller has taken on the role.

The brooch was owned by Virginia Fortune Ryan Ogilvy, who served as a lady of the bedchamber to Queen Elizabeth II for nearly 50 years.

Jamie Cygielman will take on the role on Aug. 24.

Moore, Polly’s husband, is remembered as a family man with an easygoing spirit and a love for sports and the outdoors.

Duvall O’Steen and Jen Cullen Williams share the best ways to display, present, and explain colored gemstones to younger customers.

The mid-year conference for jewelry and watch appraisers will take place Sept. 5-6 on Zoom.

Honest Hands Ring Co. Founder Benjamin Bosworth shared his thoughts on jewelry technology and why AI can never replace the human element.

QVC Group President and CEO David Rawlinson is temporarily being replaced by a familiar face, former QVC CEO Mike George.

The brand also added two one-of-a-kind brown diamond pieces to the “Sanssouci” series of its “Gardens” collection.

Ostbye took home top vendor honors at the Independent Jewelers Organization’s show, held last month in Kentucky.

Sponsored by Stratus Estate Buyers

Cloud, who will officially join Blue Nile on Monday, spent 26 years at Tiffany & Co. and founded jewelry brand Roseate.

Garcia will take over from the company’s current CFO, Anders Boyer, who is retiring at the end of November.

Etsy CEO Kruti Patel Goyal explained why the company is letting go more than 200 employees as its performance improves.

The “Star Gazer” pendant, our Piece of the Week, is Syna’s tribute to curiosity and the discovery of something new.

Museum officials are looking to the public to help cover the “exceptional” costs involved in recovering from the July 5 smash-and-grab.

The overhaul includes enhanced employee safety training and trendy earring styles, including lab-grown diamond studs.





















