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Have you noticed that a significant part of analytical articles published lately contain this phrase, “… Since the time the diamond monopoly of De Beers ended…“? Time and again, experts recall this, regretfully mulling over the decline in consumer demand, the recurring downturns in the market, the volatility of prices, and the need for generic […]
The Israel Diamond Exchange (IDE) has introduced an ethical code of conduct, requiring members to comply with a series of guidelines aimed at improving transparency and business practices.
PJSC ALROSA, the global leader in rough diamond production, has announced rough and polished diamond sales results for March 2017. Rough diamond sales by ALROSA Group in March 2017 amounted to USD 554.2 million. Polished diamond sales for the same period amounted to USD 12.4 million.
De Beers Group announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the third sales cycle of 2017.
De Beers has reduced the supply of rough diamonds it will be offering sightholders in the coming year, as it fulfills its commitment to support diamond manufacturing in Namibia.
“Survival in the Absence of Growth” was the subject of a panel discussion at the recent Mumbai “Mines to Market Conference.” It certainly summarized succinctly the diamond industry’s 2016 performance. The full 2016 Pipeline article is published in Diamond Intelligence Briefs.
Dominion Diamond Corporation has publicly rebuffed a $1.1. billion takeover bid from Washington Companies, saying the Missoula, Mont.–based conglomerate lacks the industry know-how to run the Canadian diamond miner.
India’s Gem & Jewellery Export Promotion Council (GJEPC) is celebrating 50 years by hosting leaders from across the diamond industry. Rapaport News presents live updates from the two-day conference covering mining, manufacturing, marketing and politics.
Shares in Anglo American rose 9 percent on Thursday after Indian billionaire Anil Agarwal announced his intention to invest $2.45 billion (GBP 2 billion) in the mining conglomerate.
Alrosa reported a 41-percent jump in revenue to 317.1 billion rubles ($5.4 billion) for 2016 IFRS (International Financial Reporting Standards) results.
The De Beers Group of Companies today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the second sales cycle of 2017.
Russia’s Deputy Prime Minister Yury Trutnev has confirmed that Alrosa President Andrey Zharkov will be replaced by Sergey Ivanov, currently the Senior Vice President of Sberbank. He made the comments to the TASS news agency on the sidelines of the Russian Investment Forum in Sochi on Monday.