Some question if the rough market is cooling off even as diamond jewelry sales to end consumers remain strong.
Arctic Canadian Diamond Company is working on technology that will enable it to begin underwater remote mining (URM) in an effort to extend the life of its Ekati deposit.
The Indian government will require all traders to become members of the Gem & Jewellery Export Promotion Council (GJEPC) if they wish to import and export rough diamonds under the Kimberley Process (KP).
Press release – De Beers Group [announced November 24] the value of rough diamond sales (Global Sightholder Sales and Auctions) for the ninth sales cycle of 2021.
Alrosa plans to increase its rough-diamond output next year as new mining resources come onstream, enabling it to address the market’s supply shortages amid strong demand.
Rio Tinto has become the sole owner of Diavik Diamond Mine in Canada’s Northwest Territories, after the ownership transfer was approved by the Court of Queen’s Bench of Alberta.
ALROSA reports preliminary rough and polished sales results for October 2021.
Rough-diamond production is not expected to return to pre-pandemic levels. The coronavirus forced the mining companies to rethink their production programs and downscale accordingly. However, 2020 was always going to be a tipping point for supply.
Prices of fancy-color diamonds rose 1.1% year on year in the third quarter, rebounding from a long depression caused by the coronavirus pandemic, the Fancy Color Research Foundation (FCRF) said.
1 ct. RAPI -0.2% in October.The diamond trade was busy in October as suppliers filled orders for the holiday season. The US market is fueling optimism, while there is caution about China’s prospects. Polished demand is outpacing supply, but inventory levels are rising and buyers are pushing for higher discounts.The RapNet Diamond Index (RAPI™) for […]
Rio Tinto achieved record-breaking figures at its 2021 Argyle Pink Diamonds Tender, with prices strong amid dwindling supply from the mine.
The market for lab-grown diamond jewelry is poised to almost double in size by 2025, predicts industry analyst Paul Zimnisky.