ABN AMRO sees rough prices declining
Rough diamond prices are likely to fall because of sluggish consumer demand for jewelry, according to a report from ABN AMRO.
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Why the biggest rough diamond in a century failed to sell
Even after a lot of publicity and excitement around Lucara’s 1,109-carat Lesedi la Rona rough diamond, the tennis-ball sized stone failed to sell at auction Wednesday.
De Beers rough diamond sales for Cycle 5, 2016
The De Beers Group of Companies today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the fifth sales cycle of 2016.
De Beers launches limited third party rough diamond selling service
De Beers has announced that its Auction Sales business will launch a limited scope pilot service, offering certain diamond businesses an opportunity to sell specific types of rough diamonds on its online auction platform.
Cullinan yields another ‘exceptional’ diamond
Petra Diamonds discovered a 121.26-carat rough diamond at its Cullinan mine in South Africa.
ALROSA discovers 241-Ct. diamond in Yakutia
ALROSA found a 241.21-carat rough diamond at its Nyurbinsky mine in Yakutia, one of the largest recovered in Russia.
ALROSA sums up the results of the visit to the United States
Press release – Moscow – As part of the visit to the United States, ALROSA President Andrey Zharkov held a series of meetings with the major consumers of the Company’s diamonds and top managers of industry associations.
Global diamond production decreases 4,2 % in 2015
In 2015, 127.4 million carats of diamonds were mined around the world, a 2.1% increase compared to 2014, according to just released Kimberley Process figures.
ALROSA plans to keep rough prices unchanged
ALROSA, which reported strong sales and profit in the first quarter, expects to hold rough diamond prices steady for the rest of 2016 as the miner anticipates a stable year.
Andrey Polyakov succeeds Edward Asscher as World Diamond Council president
The World Diamond Council (WDC) today announced that Mr. Andrey Polyakov has assumed the elected position of President of the WDC. Mr. Polyakov served as Vice President of the WDC since 2015 and now succeeds Mr. Edward Asscher whose two-year term as President concluded on May 22, 2016.
Rio Tinto reaches 100 million carats milestone at Diavik mine
Rio Tinto has announced that its Diavik Diamond Mine in Canada has produced 100 million carats of rough diamonds since it opened in 2003.
Namibia and De Beers sign Milestone 10-year rough diamond sales agreement
Press release – The Government of the Republic of Namibia and The De Beers Group of Companies today signed a new 10-year sales agreement for the sorting, valuing and sales of Namdeb Holdings’[1] diamonds. The sales agreement is the longest ever signed between the two partners.