De Beers rough diamond sales for Cycle 2, 2017
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.
The R&M “Lettre”
Sign-up for La Lettre from R&M to get the essentials of current affairs in the diamond industry and privileged access to the articles published below
We keep your data private and only share it with third parties that make this service possible. Read our Confidentiality Policy for more information.
Top russian official: ALROSA’s Zharkov to be replaced by Sergey Ivanov
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.
Diamond Services expanding screening services for synthetic rough diamonds
Diamond Services said it is expanding its synthetic screening service for rough diamonds at its facilities in Hong Kong and New York as evidence continues to mount about a surge in the volume of uncut synthetic diamonds entering the marketplace.
ALROSA president Zharkov to step down
Andrey Zharkov will resign as president of ALROSA, a source close to the Russian diamond miner said. Zharkov’s three-year term as president expires in May 2018, but the timing of his departure is unclear, the source said in an email to Rapaport News on Tuesday.
De Beers profit jumps as diamond market stabilizes
Profit more than doubled for De Beers last year as trading conditions in the diamond-manufacturing sector improved and inventory levels stabilized.
ALROSA to start branded diamond marketing
ALROSA is planning to launch marketing programs promoting Russian-mined diamonds, chief executive officer Andrey Zharkov said Monday.
ALROSA announces sales results for January 2017
Press Release – Public Joint Stock Company ALROSA, the world leader in diamond mining, has announced rough and polished diamond sale results for January 2017.
De Beers testing fixed-price forward contracts
De Beers will start piloting fixed-price forward contracts for its auctions business next month to offer more certainty over prices of rough diamonds.
The biggest diamond in Washington
As I write this, I am on an Amtrak train bouncing, tilting and clattering its way to Washington, D.C., where I have been invited to the inauguration as a personal guest of our 45th president, Donald J. Trump.
De Beers to ‘offer concessions’ at first sales cycle of 2017
De Beers will offer its clients concessions for a second consecutive buying cycle in a bid to support the market, according a Bloomberg report, citing anonymous sources reportedly familiar with the information.
Diamond marketing body seeks cash injection
The Diamond Producers Association (DPA) plans to increase its annual budget to $60 million from $6 million by asking members for bigger contributions, Bloomberg reported.
De Beers speaks on demand for diamond jewellery, impact of India’s demonetisation policy on gems trade and synthetics’ threat or lack thereof
Global diamond giant, De Beers said that last year’s demand for diamond jewellery, across the key consumer markets, was broadly stable on 2015.