A 51.38-carat diamond is displayed during Russian miner Alrosa’s presentation of the Dynasty polished diamonds collection in Moscow, on August 1, 2017. Photo: Reuters

Russia’s Alrosa to trade in euros with Chow Sang Sang as world’s biggest miner of rough diamonds braces for a tough year in China

  • State-backed Alrosa finally succeeds in convincing Chinese customer to deal with it in a currency other than US dollars as it looks to get around US sanctions
  • Company hopes to maintain flat sales of US$180 million in China this year as US-China trade war crimps consumer spending
Topic |   Diamonds as an Investment

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A 51.38-carat diamond is displayed during Russian miner Alrosa’s presentation of the Dynasty polished diamonds collection in Moscow, on August 1, 2017. Photo: Reuters
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A grader works in a Gemological Institute of America laboratory. Photo: Handout

US certifier expands in Hong Kong as man-made diamonds sparkle among millennials

  • Lab-grown diamonds to be ‘pretty prevalent’ in the market over the next year or two, says executive vice-president of Gemological Institute of America
  • The concern of the trade in not being able to differentiate between natural and man-made stones, says CEO
Topic |   Luxury & Gaming

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A grader works in a Gemological Institute of America laboratory. Photo: Handout
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