The R&M “Lettre”

Alrosa is to expand its sale of polished fancy color diamonds direct to wealthy individuals.

Press relase – ALROSA reports preliminary rough and polished sales results for 2021.

Press release – De Beers Group [announced on December 22] the value of rough diamond sales (Global Sightholder Sales and Auctions) for the tenth sales cycle of 2021.

A new year, a new way of doing business. Alrosa introduced changes on 1 January which will, it says, provide buyers with more of what they want, and less of what they don’t.

De Beers, Alrosa and Rio Tinto have released their schedules for this year’s contract sales, at which the miners offer the majority of their rough supply.

Low-value stones are the latest hot commodity among jewelers and manufacturers alike, but the rampant demand has been driving up prices and making these goods harder to find.

The “pandemic” 2020 was so difficult both for the global diamond industry in general and for the rough and polished diamond sector in particular.

De Beers will see stable production until 2024, management predicted, as the miner maintains a positive outlook on diamond demand.

Rio Tinto and Star Diamond Corporation have called off a long-running court battle over the development of their joint Canadian exploration project.

ALROSA reports preliminary rough and polished sales results for November 2021.

Alrosa has trimmed its roster of long-term clients for the miner’s new contract period, which will go into effect on January 1.

Some question if the rough market is cooling off even as diamond jewelry sales to end consumers remain strong.