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The Dubai Diamond Exchange (DDE) has announced the third edition of its biennial two-day Dubai Diamond Conference 2017, with the theme ‘Destination Next – Shaping the future of an interconnected marketplace’.
Alrosa may increase its sales and production forecasts for this year following strong rough-diamond demand in the first five months, particularly from Indian buyers, the company said.
Angola has diamond reserves of one billion carats, according to geological research carried out over the last five years by ALROSA, a local news agency reported.
Global rough-diamond production fell by value for the second consecutive year as output declined in the two largest producer countries, according to data the Kimberley Process (KP) released Tuesday.
Andrey Polyakov, a member of the international diamond community who was a high-ranking executive at Alrosa and the current president of the World Diamond Council, has vacated both posts.
De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the fifth sales cycle of 2017.
De Beers launched the world’s largest diamond-exploration ship on Thursday, as it looks to Namibian waters to maintain production levels.
Alrosa’s diamond revenues for May jumped 33% year on year to $472.1 million, the Russian miner reported last week.
Gem Diamonds has recovered two rough diamonds larger than 100 carats at its Letšeng project in Lesotho amid a shift to a more lucrative section of the mine, the company said Monday.
Alrosa and India’s Gem & Jewellery Export Promotion Council (GJEPC) have inked an agreement to let the Russian miner sell diamonds in India at preferential tax rates.
While diamond industry experts warn that demand is expected to outstrip supply as early as 2019, the largest mines keep producing the coveted rocks at full steam.
Alrosa has partnered with Angolan national diamond company Endiama to develop the African nation’s largest kimberlite deposit, claiming the project could be worth more than $35 billion.