Alrosa wants majority stake to mine diamonds in Zimbabwe – report

Russian diamond miner Alrosa, which will be assessing the quality of Zimbabwe’s diamond reserves over the next six months, wants a majority stake to mine diamonds in the southern African country, according to a news report.

Today

Diamond Fields auctions Namibian marine diamonds for $1.1 mn

Diamond Fields has sold 47,298.18 carats of rough diamonds from the ML111 licence offshore Namibia for $1.1 million.

Today

ALROSA price index has fallen by 2% in the last five months

ALROSA CEO Sergey Ivanov said that the price index for ALROSA rough diamonds fell by almost 2% over the past five months, FINMARKET.RU reported.

Yesterday

Debswana begins extension of Jwaneng to 2035

Debswana Diamond Company, a 50/50 joint venture between De Beers and the Botswana government, has commenced the Cut-9 project to extend the life of Jwaneng Mine to 2035.

Yesterday

India’s polished diamond exports down 3.5% in February

Exports of cut and polished diamonds from India dropped by 3.51% year-on-year during the month of February 2019, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC).

Yesterday

July 2018 Market Report: A Summer Slowdown

10 august 2018

(ehudlaniado.com) - As diamond centers across the globe enter the summer slowdown, the market was characterized by limited activity and steady-to-declining demand. De Beers and ALROSA released their half year figures showing rising rough diamond prices and changes in production.