Diamond Federation of Hong Kong (Diamond Federation of Hong Kong, DFHK ) carefully examines trade retailers stocks using the National guarantee diamond Quality Initiative (Natural Diamond Quality Assurance, NDQA) since the beginning of 2015. Jewelers who subscribe to participate in this scheme, subjected to a random sample of its diamonds and jewelry laboratory tests - as in joining the program, as well as during the annual process of updating the data. In turn, they can display a symbol of quality programs in their stores.
But until now, the scheme does not cover the wholesale sector, which includes the majority of the DFHK. This is the next step for NDQA, which will help diamantaires become the guardians of quality in the industry, said Chow Kit Shing (Chow Kit Shing), vice-chairman of the retail trade in DFHK.
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ALROSA has published the results of sales of rough and polished diamonds in April and the first four months of this year.
In the period from January to April 2017, ALROSA sold 16.9 million carats the diamond products, 7% more than in the same period of 2016.
In value terms, the Group's Alrosa diamonds in the period amounted to $ 1.7 billion, which is 12.5% less than the same period last year.
The volume of rough diamond sales totaled $ 310.2 million. Diamond during this period were sold for $ 7.6 million.
"The decline in the level of sales in value terms over the same period last year, primarily due to the high base of the first months of 2016, when the market began to recover after the crisis of 2015 was realized a lot of expensive goods from previously accumulated reserves ", - says Yuri Okoemov, vice-president of" ALROSA ".
"Significantly changed assortment structure of sales -. In the structure of the first 4 months of 2017 the share of small-sized, low-cost diamond was substantially higher than at the beginning of 2016 In general, the last period can be characterized as a period of active restocking in the middle tier on the background of the incipient resumption of sales growth in China's jewelry retail, "- he added.
State diamond company of Angola, Empresa Nacional de Diamantes (Endiama) and the Russian diamond giant Alrosa an opportunity to evaluate the research for additional investments in kimberlite exploration in the southern African country.
According to the news agency Angop, reported by the chairman of Endiama Karlos Sambula (Carlos Sambula) and ALROSA President Sergey Ivanov after meeting with Vice-President Manuel Vicente (Manuel Vicente) in Luanda.
Ivanov said that business in Luanda "thriving" in the past year has brought a net profit of $ 137 million in conjunction with the best quality mined diamonds.
"I believe that in 2017 will improve the foreign exchange earnings from the sale of diamonds on the basis of a more favorable economic situation", - he said.
Ivanov said that new investments can be carried out in 2018, depending on the economic feasibility of other projects, such as Luashe (Luaxe).
For its part, Sambulov said that investment prospects with ALROSA "good".
However, he could not reveal the amount of the projected investment in dollar terms, saying that it will be determined on the basis of ongoing feasibility studies.
Head Endiama said that work on the project Luashe, which is considered larger as compared to mine Catoca (Catoca), on schedule and Luashe mine can be opened in late 2018 or early 2019.
Currently Catoca produces about 80% of the country's diamond production.
Alrosa and Endiama each control 32.8% of the shares of the Catoca mine, while LL International Holding BV, belonging to the China-Sonagol, controls 18 percent stake in.
Brazil's Odebrecht Mining Services owns a 16.4% stake in the mine.
Alrosa and Endiama are also co-owners of kimberlite project Luashe.
In February last year, Endiama said that in talks with Alrosa Luashe the financing and will not seek additional investors.
The former president of Alrosa Andrei Zharkov said in September last year, capital investment in Luashe project during its lifetime is estimated at $ 1 billion.
It is predicted that the annual output of the diamond mine Luashe, open in 2015, will be from 8 million to 10 million carats.
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