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Severalmaz recovers first 10 million carats of diamonds at Lomonosov deposit

A diamond weighing 30 carats which was found in early 2017 at the Arkhangelskaya kimberlite pipe was the last piece to bring Severalmaz diamond production to ten million carats from its Lomonosov deposit.

Yesterday

Laurelton Diamonds holding the viewings of its Polished Tender in New York and Antwerp

Laurelton Diamonds is holding the viewings of its next Tender of Polished Diamonds at the Laurelton Diamonds offices in New York, USA and Antwerp, Belgium, AWDC reported.

Yesterday

DPA to increase its annual budget to $60 million

The Diamond Producers Association (DPA) plans to increase its annual budget to $60 million from $6 million by asking members for bigger contributions, according to Rapaport, which cites Bloomberg report.

Yesterday

De Beers to pilot fixed-price forward contracts

De Beers said that its auction sales business will start piloting fixed-price forward contracts, which will provide a “highly effective” supply sourcing option for small and medium sized enterprises seeking access to regular rough diamond supply at a...

Yesterday

Rockwell posts C$5,5 mln net loss in Q3, targets return to profitability

Rockwell Diamonds has recorded a C$5.5-million net loss for the third quarter ended November 30, 2016 compared to C$10.5 million net loss for the previous quarter due to litigation and the suspension of mining operations in South Africa.

Yesterday

Omens good for Anglo in 2017 as iron ore, diamonds turn up

12 january 2017
(miningmx.com) - 2017 may be a vastly improved year for Anglo American, in which it celebrates its centenary, with its investments in Kumba Iron Ore and Anglo American Platinum receiving the thumbs up while recently published diamond sales figures from De Beers suggests a stronger market for gems than previously forecast.

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