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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.
Petra Diamonds discovered a 121.26-carat rough diamond at its Cullinan mine in South Africa.
ALROSA found a 241.21-carat rough diamond at its Nyurbinsky mine in Yakutia, one of the largest recovered in Russia.
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.
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, 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.
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 has announced that its Diavik Diamond Mine in Canada has produced 100 million carats of rough diamonds since it opened in 2003.
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.