Of diamonds and dynasties

junior mining, diamonds

Legendary diamonds have long been associated with imperial dynasties. Now, just as a new book promises to revive interest in the multi-empire story of the fabled Koh-i-Noor gem, Alrosa has unveiled a suite of five stones commemorating great families of old Russia. In doing so, the mining giant marks a new emphasis not just on extracting exceptional stones, but cutting and polishing them too. The company says it will use state-of-the-art techniques to revive traditions dating back to Peter I.

A near-second to De Beers as the world’s largest diamond miner by value, Alrosa’s overall strategy might be to broaden diamonds’ appeal beyond the maybe one (or two, or sometimes profligately multiple) life events that call for an engagement ring.

The company’s new quintet started as a single 179-carat rough with a name that evokes grandeur, but also tragic decline and a horrific ending: The Romanovs. One and a half years in the making, the polished collection’s centrepiece is The Dynasty, a 51.38-carat traditional round brilliant-cut stone “unprecedented in the history of Russia” as the most expensive and purest of all large diamonds cut in the country. read more at ResourceClips.com

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