ALROSA elects new Supervisory Board

Annual General Meeting of ALROSA Shareholders elected the new Supervisory Board on Wednesday, June 26.

Today

Botswana courts Surat diamond manufacturers

Botswana, which is the second largest diamond producer in the world after Russia, has invited Surat diamond manufacturers to scout for business opportunities in the country.

Today

ALROSA to allocate 100% of free cash flow for second half-year of 2018 for dividends

Annual General Meeting of Shareholders of PJSC ALROSA decided to allocate 100% of free cash flow for the second half-year of 2018 for the period-end dividend – RUB 30.3 billion.

Yesterday

De Beers diamond sales continue to weaken

De Beers’ diamond sales continued on a downward trajectory as demand remains weak, while supply for smaller and cheaper stones, is high putting pressure on polished prices.

Yesterday

India’s cut and polished diamond exports down by 15.12% in May

India’s exports of cut and polished diamonds decreased by 15.12% year-on-year during the month of May 2019 according to the provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC).

Yesterday

“Africa remains key to our business”

16 april 2019
(miningreview.com) - In an exclusive one-on-one interview, Bruce Cleaver, CEO of De Beers Group discusses the importance of the company’s African portfolio. He also breaks down the ongoing necessity for exploration and how the evolution of technology and laboratory-grown diamonds is impacting the diamond major’s business, Laura Cornish reports. While De Beers’ asset base extends across the globe, its African portfolio is and remains key to the Group’s diamond production contribution.