ALROSA’s diamond resources decline
ALROSA’s rough diamond resources fell 4 percent to 1.03 billion carats as at July 1, 2016, the Russia-based miner reported.
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Positive outlook for rough diamond trade, if not India’s demonetization
AWDC and Bain & Company noted in their 2016 global diamond report that rough-diamond revenues declined by 24 percent in 2015 as the midstream segment sold down accumulated inventories.
ALROSA announces sales results for December 2016 and interim results for 2016
Press Release – PJSC ALROSA, the world leader in diamond mining, has announced rough and polished diamond sale results for December 2016 and interim results for 2016.
What 2017 has in store for the world’s largest rough diamond
Vancouver B.C., Canada–The Lesedi la Rona, the world’s largest discovered diamond that’s still in rough form, likely will be offered for sale again in 2017.
De Beers sales of $418 million at sight as demonetization hits lower value items
De Beers said the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the tenth sales cycle of 2016 was a provisional $418 million.
Rough supply signals shift in balance of power – Insights
Profit is the new turnover in the diamond trade. As retail inventory levels continue to shrink due to recession-driven efficiencies, the trade has had to change its mindset.
Merlin finds first blue diamond at Australia mine
Merlin Diamonds recovered a 0.124-carat blue diamond at its mine in Australia, which it claims is the first stone of that color to be excavated at the site.
Producers from the DPA, part 5: Lucara and Petra Diamonds, rare diamonds and targeted investments
For this latest edition of gem producers from the DPA, we are heading to Africa, more precisely to African mines, to meet the last two “large” junior gem producers that are DPA partners: Lucara Diamond Corporation and Petra Diamonds Limited.
De Beers slashed rough prices 5% in 2016 Dec 8
De Beers said its rough diamond prices fell 5 percent this year even as the diamond market showed signs of a vast improvement.
ALROSA targets U.S., China for large rough sales
ALROSA announced plans to bring its auctions of “special-size” rough diamonds to New York and Vladivostok, while presenting its 2017 sales program to its contract clients.
ALROSA to rename its trading organizations abroad
Press Release – PJSC ALROSA, the world leader in diamond mining, has announced the initiation of the procedure to rename its foreign-based trading subsidiaries and affiliates ARCOS.
Rio Tinto u-turns to prioritize damonds
Rio Tinto’s new chief executive officer said he plans to expand the miner’s diamond mining operations, three years after the company considered selling the business.