Petra Diamonds sees positive cash flow in H2

Petra Diamonds is expected to be cash flow positive in the second half of the year, which will help the company start working on future developments.

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Cluev to create a yellow diamond ring weighing 30 carats mined by ALROSA

Jewelry Maison Cluev purchased a yellow diamond weighing 30.19 carats mined and cut by the Russian diamond mining company ALROSA to create a diamond ring.

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ALROSA launches new diamond deposit in Yakutia

ALROSA, the world’s largest diamond mining company, launched diamond production at Zarya pipe, Aikhal Mining and Processing Division.

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No plans to mine diamonds in CAR – De Beers

De Beers has no plans to mine diamonds in the Central African Republic (CAR), a company spokesperson has said.

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Rio Tinto’s diamond production down 18% in Q1

Rio Tinto’s diamond production for the first quarter of 2019 ended March 31, 2019, dropped by 18% to 3.8 mln carats as against 4.6 mn cts registered in Q1 2018.

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The end of emotion – the beginning of reason

26 march 2019
(idexonline.com) - The March issue of IDEX Magazine is out. The cover story invites readers to consider the future of the diamond industry, specifically the bulk of diamond mining production, those rough diamonds that are cut and polished to become melee. Is there a chance that we can soon stop talking about synthetic or lab-grown diamonds (LGDs)? I really hope so. We need to focus on marketing and selling diamonds. And melee is the bread and butter of the entire supply pipeline.