
De Beers cuts prices as rough sales slide
De Beers’ rough-diamond sales slumped to a 20-month low of $390 million in June amid weak sentiment in the manufacturing sector.
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De Beers’ rough-diamond sales slumped to a 20-month low of $390 million in June amid weak sentiment in the manufacturing sector.
The discovery of a new source-rock indicator for diamond formation has the potential to help geologists locate and identify valuable diamond deposits around the world, a study by the University of Alberta and De Beers shows.
Presse release – US$390 million (provisional)
The wider diamond world is engaging with the small-scale mining sector and taking steps to encourage better standards.
De Beers are pleased to announce the Sight dates for 2020, which are confirmed as follows:
Press release – ALROSA, the world’s largest diamond miner, announces diamond sales results for May and five months of 2019.
Alrosa announced its approach to diamond traceability in Las Vegas, offering customers an in-depth look into the origin of their diamonds via a personalized video.
An annual tradition, industry veterans Chaim Even-Zohar and Pranay Narvekar present the 2018 iteration of The Tacy Diamond Pipeline, with an in-depth look at the impact that the rise and acceptance of laboratory-grown diamonds has had on the industry this past year.
Press release – “Funds raised from diamonds have not just built our roads, but also our people,” Dr Mokgweetsi Masisi, President of the Republic of Botswana, said as he opened JCK Las Vegas 2019 in a keynote speech delivered at a breakfast hosted by De Beers Group.
Diamond sales for both De Beers Group and Alrosa are lagging behind last year due to macroeconomic conditions and continuing issues with financing in India, the companies said.
De Beers will increase production at Debmarine Namibia by 500,000 carats per year through the construction of a new diamond-recovery vessel, it said Thursday.
Press release – US$415 Million (provisional).