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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.
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.
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 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.
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 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.
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 said its rough diamond prices fell 5 percent this year even as the diamond market showed signs of a vast improvement.
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.
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’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.
Press release – PJSC ALROSA, the world leader in diamond mining, has announced rough and polished diamond sale results for November 2016.