De Beers February sight estimated at $550M
The most recent De Beers sight closed with an estimated value of $550 million as the company adjusted assortments to reflect higher values in its boxes.
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De Beers January sight estimated at $550M
Prices stable as premiums improve De Beers January sight had an estimated value of $550 million as the company continued to limit supply. Prices were basically stable with slight changes made to assortments.
Premiums on DTC goods return
Demand for rough diamonds is increasing. Rough traders are competing for goods, which has driven up prices of DTC goods over the past few days.
De Beers december sight estimated at $490M
De Beers Diamond Trading Company (DTC) December sight had an estimated value of $490 million with sightholders still concerned about their ability to profit from manufacturing.
Canadian diamonds
Arguably, the Canadian diamond industry’s best years have passed. While its flagship Diavik and Ekati mines are aging, the mines being developed are not of the same scale or value. But they are among the more attractive new diamond projects out there and Canada remains a relatively unexplored diamond frontier compared with other countries.
De Beers november sight estimate at $480M
De Beers sold an estimated $480 million worth of rough diamonds at its November sight that ended this past week. Sightholders continue to note difficult market conditions and low profit margins as De Beers has curbed supply and kept its prices steady. “It was a smaller sight than October but it went well,” said Nigel […]
Viable diamond manufacturing still out of reach – Seber
De Beers’ Diamond Trading Company (DTC) sold an estimated $750 million worth of rough diamonds at its October sight recently, while maintaining prices relatively stable.
The high cost of Canadian diamonds – a sign of their high quality
For many laymen diamonds are mainly associated with South Africa and rarely with Canada, even though the country is one of the three largest global producers of these precious stones..
Poor Cynthia Carroll: when a boardroom boot is presented as a ‘resignation’
Last August, The Daily Telegraph newspaper reported that Anglo American’s chief executive Cynthia Carroll had been asked by the company’s shareholders to step down.
Inevitable diamond ethics
The Diamond Source Warranty Protocol, launched this week by various U.S. trade organizations, is a step in the right direction in that diamond suppliers need to guarantee the authenticity of the goods they are selling.
Defining De Beers
With their Diamond Trading Company (DTC) boxes in one hand and Philippe Mellier’s letter in the other, sightholders appeared more interested in their rough allocations at last week’s sight than what the De Beers chief executive had to say.
DTC october sight estimated at $750M
De Beers sold an estimated $750 million worth of rough diamonds at the Diamond Trading Company (DTC) October sight this past week, while maintaining prices relatively stable.