Alrosa to hold back supply in 2019
Alrosa plans to keep its rough-diamond sales in line with production in 2019 to avoid flooding the market with excess supply.
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Alrosa plans to keep its rough-diamond sales in line with production in 2019 to avoid flooding the market with excess supply.
The Supervisory Board of ALROSA has approved a new edition of its policy on sustainable development and corporate social responsibility.
Press release – ALROSA, the largest diamond mining company in the world, took the second place in the final rating of the fundamental (environmental and energy) efficiency of the 150 largest companies in Russia and Kazakhstan operating in the real economy.
As the year comes to a close, Rapaport News takes a look back at the largest rough stones miners unearthed in 2018, and the diamonds that fetched the highest prices at auction.
De Beers is planning to loosen its source-disclosure restrictions for sightholders following requests for increased transparency, Rapaport News has learned.
Dominion Diamond Mines announced that a 552 ct. yellow diamond (pictured) has been discovered at the Diavik mine in Canada’s Northwest Territories. The mine says the stone is the largest gem-quality diamond ever found in North America.
Gem Diamonds has recovered two large diamonds within a 24-hour period at its Letšeng mine in Lesotho, the company said Wednesday.
Press release – Bruce Cleaver, CEO, De Beers Group, said: “De Beers Group’s rough diamond sales during the final cycle of the year continued to be in line with expectation ahead of the all-important retail selling season as cutting and polishing factories in India restarted their operations following the Diwali holiday.”
De Beers has increased its production forecasts for 2018 and the coming years, as the miner anticipates solid consumer demand.
ALROSA was recognized as one of the leaders in financing charitable activities among Russian and international companies, based on the results of the “Corporate Charity Leaders” annual competition
Canada’s Northwest Territories (NWT) has abolished its ban on diamond manufacturers sending rough to other locations for processing, potentially enabling significant cost savings for the industry.
Press release – ALROSA, the world leader in diamond production, announces diamond sales results for November and eleven months of 2018.