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South African investors have little appetite for investments

A business and technical leader in the diamond exploration and mining industry, James Campbell has spent over thirty years in the diamond industry and is currently Managing Director of Botswana Diamonds plc. His immediate past role was Chief Executive...

24 april 2017

Jean-Marc Lieberherr: Medium to long term prospects for the world diamond market are strong

Diamond Producers Association (DPA) was established in May 2015 by seven of the world's leading diamond companies, including ALROSA and DE BEERS, to maintain and increase the demand for diamonds, as well as their credibility. One of DPA’s most important...

17 april 2017

Chidhakwa: I have no misgivings about diamond mining consolidation in Zim

Zimbabwe’s mines minister Walter Chidhakwa stands accused of decimating the country’s diamond industry when he decided early last year to streamline operations of mining companies in Marange and that of partly Russian-owned, DTZ-OZGEO, in Chimanimani...

10 april 2017

We are open for good business in all our locations - Erik Jens

Erik Jens, the Global Head - Diamond & Jewellery Clients - AMRO BANK N.V. comes armed with professional experience in banking, financing and investments. He has specialized in private wealth management solutions, investments in hedge funds, private...

03 april 2017

Those who do not define their own niche, will not survive

The Antwerp Diamond Trade Fair (ADTF) enjoys broad industry support as a key annual event for the international jewelry community. The invitation to the ADTF can be obtained directly from the organizers, on the recommendation of one of the participants...

27 march 2017

ALROSA Q1 production +9%, sales reach 14.1 million carats

20 april 2017
On Thursday, ALROSA reported its first quarter 2017 diamond production performance and preliminary trading results.
ALROSA’s Q1 2017 diamond production totalled 8.9 million carats, up by 9% year-on-year In line with 2017 production plan of 39.2 million carats (+5% y-o-y increase). The growth in production is driven by ramping up diamond mining at Aikhal, Mir, International, Udachny underground mines and also by processing of higher grade ore from the Jubilee pipe.
Indicatively, in Q1 2017 ALROSA sold 14.1 million carats of diamonds, including 11.0 million carats of gem-quality diamonds at an average price of USD 117 per carat and 3.1 million carats of industrial diamonds at an average price of USD 7 per carat. In Q1 2017, revenue from rough diamond sales amounted to at least USD 1,309 million. Revenue from polished diamond sales totalled at least USD 32 million.

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