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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.
The world’s largest diamond miner by volume, ALROSA, recently announced that according to independent verification, its resources on January 1 totaled 1.077 billion carats and reserves were 658 million carats.
Lucara Diamond Corp.’s 1,109-carat diamond originally weighed about 1,500 carats before it broke into two pieces, the miner said.
The tennis-ball sized rough diamond unearthed in Botswana in November is going up for auction at Sotheby’s London in June, and it is expected to sell for more than $70 million.
The De Beers Group of Companies has announced that its investment in skills training for local workforces and social projects increased 13 percent to $52.5 million in 2015.
Rio Tinto (LON:RIO) unveiled Tuesday a rare 2.83-carat violet diamond, the largest of its kind ever found at Australia’s remote Argyle mine, which could sell for more than $4 million.
And here we go for the fourth opus (let’s not be afraid to flatter ourselves!) of our series on gem producers1. I hope that after that, when you are looking for information about a gem producer or you want to remind yourself about everybody’s role, you will think to click on “Rubel & Ménasché”!
The company’s soon-to-be former home has spawned many tales and legends—most of which are true.
Press release – The De Beers Group of Companies today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the third sales cycle of 2016.
Israel Diamond Exchange president Yoram Dvash has called for banks and other financial institutions to increase credit lines to help finance the global diamond industry.
ALROSA held rough prices stable for the sixth month running at its March contract sale as demand for the miner’s goods remained strong.
It is high time to continue our long series on gem producers! We have reached a time of undeniable changes in the diamond industry, and the position of the producers is… chaotic.