The R&M “Lettre”

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International diamond industry news
Major events from the world of fine jewelry
New outlooks and developments in ethics
Monitoring of R&D, marketing and legislation…
Results from long-standing partnerships with the industry’s biggest news websites

Covid-19 Ravages De Beers Sales

De Beers’ sales and production nosedived in the second quarter as the coronavirus crushed diamond demand throughout the pipeline and forced shutdowns at several mines.

Alrosa sees weakest performance in years

Alrosa’s sales and production slumped to their lowest levels in over a decade in the second quarter amid unprecedented weak demand for rough diamonds during the coronavirus crisis.