ALROSA sales soar in seasonally slower August
ALROSA sold $243 million worth of rough diamonds amid stable market conditions in a seasonally weak August, the Russian miner said as it reported for the first time its monthly sales data.
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ALROSA sold $243 million worth of rough diamonds amid stable market conditions in a seasonally weak August, the Russian miner said as it reported for the first time its monthly sales data.
Gahcho Kué, the world’s largest new diamond mine in the last 13 years, was officially opened on Tuesday.
The De Beers Group of Companies today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the seventh sales cycle of 2016.
The Kimberley Process (KP) and the Antwerp World Diamond Centre (AWDC) will hold the second of three forums on rough diamond valuation in Antwerp later this month.
India will either auction a diamond project that Rio Tinto decided to abandon or allocate it to a state firm, the country’s Mines Minister said.
ALROSA’s revenue and profit soared in the first half, boosted by stronger global rough demand and an 11 percent weakening of the Russian ruble.
While the Kimberley Process chair is focused on advancing forums on rough valuation, questions linger about the UAE’s own diamond trade.
The De Beers Group of Companies today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the sixth sales cycle of 2016.
Rough diamond prices are likely to fall because of sluggish consumer demand for jewelry, according to a report from ABN AMRO.
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.
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 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.