De Beers and Alrosa raise rough prices
The two largest diamond miners increased prices at this week’s rough sales as demand improved due to post-holiday restocking and strong trading ahead of the Chinese New Year.
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Alrosa sales surge in final months of year
Sales at Alrosa showed a strong recovery in the fourth quarter of 2020 amid holiday demand and a rise in activity at Indian diamond manufacturers.
De Beers cuts sightholders as it creates client categories
De Beers has reportedly informed around 10 sightholders—including a handful of longtime clients—that they will not be eligible for new contracts, informed sources told JCK.
Top miners release dates of 2021 rough sales
De Beers, Alrosa and Rio Tinto have published their schedules for next year’s contract sales, which account for the bulk of the miners’ rough supply.
Dominion finds buyer for Ekati, mine to reopen early 2021
Eight months after seeking insolvency protection, Dominion Diamond Mines ULC said it has reached a deal to sell its Ekati mine to two wealth management firms.
Lulo delivers yet another +100-carat diamond
Angola’s alluvial Lulo project has delivered yet another +100-carat diamond, its 16th since commercial operations began there five years ago.
ALROSA reports its November 2020 diamond sales results
Press release – ALROSA reports its rough and polished sales results for November and 11 months of 2020.
Lucapa unveils 15ct. polished pink diamond
Lucapa Diamond Company has released the polished results of a 46-carat pink rough it sold into a manufacturing partnership with Graff subsidiary Safdico.
De Beers buys Petra Blue Diamonds for $40M
De Beers has purchased five rough blue diamonds from Petra Diamonds for more than $40 million in partnership with one of its sightholders.
ALROSA reports its October 2020 diamond sales results
ALROSA reports its rough and polished sales results for October and ten months of 2020.
Lucara finds 998ct. diamond
The Karowe mine has produced a 998-carat diamond, the latest in a string of large rough stones from the lucrative deposit in Botswana.
What Argyle’s closure means for the diamond business
Regardless of all the history that the Argyle mine sparked—some of it no doubt unexpected when a handful of diamonds were first discovered in Western Australia in 1979—its closure may signal a new era in diamond mining.