ALROSA sells large rough diamonds in Vladivostok for $12.6 mln

ALROSA, the world's largest diamond mining company, has sold special size rough diamonds (over 10.8 carats) at the auction in Vladivostok.

Yesterday

CTF and GIA launch digital grading reports using blockchain technology

Chow Tai Fook Jewellery Group and GIA (Gemological Institute of America), formally launched a collaboration project in Hong Kong to use blockchain technology for delivering secure, digital diamond grading reports to consumers for the first time...

Yesterday

BlueRock narrows H1 losses as grades improve at Kareevlei

BlueRock Diamonds reduced its loss for the first half of the year to £789,000 from a £1.3 million loss, a year earlier as average grades and production improved at its Kareevlei mine in South Africa.

Yesterday

Zim says diamond policy ‘imminent’

BlueRock Diamonds reduced its loss for the first half of the year to £789,000 from a £1.3 million loss, a year earlier as average grades and production improved at its Kareevlei mine in South Africa.

Yesterday

AGD DIAMONDS enters international diamond market

JSC Arkhangelskgeoldobycha was officially renamed into JSC AGD DIAMONDS, according to the company’s press statement distributed on Wednesday. The change in the corporate name of the joint-stock company was due to its new marketing policy and the brand’s...

20 september 2018

De Beers enjoys strong diamond sales despite economic uncertainty

27 june 2018

(businesslive.co.za) - De Beers has reported strong diamond sales in the face of global economic uncertainty and the looming threat of the synthetic gem market. On Tuesday, the Anglo American subsidiary and the world’s largest diamond producer reported its latest provisional rough-diamond sales numbers — the fifth sales cycle for the year — of $575m. This is a 6% increase from the $541m in sales realised in the fifth sales cycle in 2017, and it is 3.7% higher than the $554m in sales from the fourth cycle, which occurred in May this year. "Sentiment in the diamond industry’s mid-stream is positive following the JCK Las Vegas trade show [the jewellery industry’s premier trade show] at the start of the month," said De Beers CEO Bruce Cleaver in a statement. Diamond consultant John Bristow said that while commodities on the whole have taken a big knock, largely thanks to the threat of US President Donald Trump’s trade war, the diamond business has escaped these impacts and "is ticking along quite solidly and with a good outlook".