RBC: Sergey Ivanov will step down as head of ALROSA

Sergey Ivanov, who has headed the world's largest diamond mining company ALROSA since March 2017, has decided to resign before the expiration of his employment contract. RBC was told this by a source close to the top manager and the news was confirmed...

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ALROSA presented to analysts the vision of the investment diamonds market of the Russian Federation

ALROSA presented to analysts of investment banks and financial companies its vision of the prospects of the Russian diamond investment market and the annual issue of a report on this topic.

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Mountain Province Diamonds completed phase one drilling for the Hearne Northwest extension discovery at Gahcho Kué Mine

Mountain Province Diamonds Inc. has provided phase one drilling results for the discovery of the Hearne Northwest Extension at Gahcho Kué Mine. The Hearne kimberlite is one of four kimberlites being mined at Gahcho Kué Mine, which is presently ranked...

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Petra sees a low risk of further breaches at the Williamson mine

There is a low risk of further breaches of the tailings storage facility (TSF) or a breach of the New Alamasi water dam at the Williamson Mine in Tanzania, a Petra Diamonds assessment team has concluded. The wall breach took place on 7 November...

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Rio Tinto’s rare yellow and pink diamonds showcased in symbolic ring

A yellow and pink diamond ring showcasing the finest gems from Rio Tinto’s diamond mines has been unveiled in Sydney.

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Jewelry Demand Sinks 11% in October, But Do Not Fret!

23 november 2022

(edahngolan.com) - Most jewelry retail sales figures were in the red in October on a year-over-year basis. However, US jewelry demand is still relatively high, reflecting ongoing elevated consumer interest in the category. But don’t let the declines create an impression of a down market. Compared to 2019, the last “ordinary” year the jewelry industry had, sales this year outperformed 2019 every single month. This is a positive outcome for the market