De Beers rough diamond sales for Cycle 2, 2016
Press release – The De Beers Group of Companies today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the second sales cycle of 2016.
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ALROSA sells $780M of rough in Jan./Feb.
Miner keeps prices stable. ALROSA sold about $780 million worth of rough diamonds during its first two sales of the year as rough demand improved, a market source told Rapaport News.
Diamonds and platinum jewelry stand out on Oscars red carpet
The main themes on the 88th Annual Academy Awards red carpet were diamonds and white metals, mostly platinum – so, it wasn’t just the acting awards that were “white.”
ALROSA estimates diamond reserves at 1.1 billion carats
Russian miner ALROSA recently announced a review of its geologic exploration in 2015, and estimated that according to Russian state clarification standards its reserves stood at 1.108 billion carats.
Rising diamond production – insights
The diamond mining sector is under pressure with production rising to peak levels at a time when rough sales are slumping and polished demand is sluggish.
Diamond market in search for fair price
The results of January sales gave grounds for both optimism and doubts. On the one hand, demand for rough in January significantly exceeded expectations, offering hope for market recovery this year.
Illegal miners invade Marange diamond fields
Illegal artisanal miners have reportedly invaded Zimbabwe’s controversial Marange diamond fields, according to The Africa Report.
Smartwatch shipments overtake swiss watches for ‘first time ever’
Global smartwatch shipments outnumbered those of Swiss watches for the first time ever in the final quarter of 2015 as the market for the electronic timepieces soared.
“It is essential to increase CSR actions!” Stephan Wolzok, CEO, Rubel & Ménasché
Rubel & Ménasché, which has always been concerned with and paid attention to ethical issues, has decided to commit to ever greater actions in the area of corporate social responsibility.
Look out GIA: De Beers opens grading lab for trade
De Beers has debuted the International Institute of Diamond Grading & Research to the trade at large.
Signet wants all its diamonds to come from identified sources. Is that possible?
Can the largest buyer of diamonds in the world vouch for its entire supply? In 2000, when I first heard about the Kimberley Process, it seemed like it was attempting to achieve the impossible.
AGTA updates code of ethics, stressing due diligence
The American Gem Trade Association (AGTA) announced that it has amended its Code of Ethics and Principles of Fair Business Practice as it seeks to strengthen global supply chain integrity.