ALROSA keeps unprecedented flexibility for its long-term customers during June trading session
ALROSA keeps unprecedentedly flexible terms for its long-term customers for the third trading session in a row, aiming to support the diamond industry in this challenging period.
For ALROSA, maintaining the balanced state of the...
South Africa lockdown to hit Anglo American output
Diversified miner Anglo American (LON: AAL) said on Friday that South Africa’s 21-day lockdown to slow the spread of the coronavirus will impact its iron ore and coal guidance the most.
The company, founded in...
“Russian Diamonds Sponsor Killings,” says Ukraine Diplomat
A Ukrainian diplomat is urging consumers not to buy Russian diamonds, because they fund the war in her country.
Liubov Abravitova, who serves as her country's ambassador to South Africa, Botswana and Mozambique, made the...
Surat Manufacturers Extend Summer Vacations
Manufacturers in Surat are reportedly extending their summer vacations as the recession hits and consumers in the US and Europe boycott Russian goods.
Slow demand is forcing many units to lay off staff, reduce working...
“Solid” Results at Gem Diamonds, Despite Ukraine War
Gem Diamonds delivered a "solid" set of results in 2022, despite increased costs as a result of Russia's invasion of Ukraine.
The UK-based miner saw revenue fall by just over six per cent to $188.9m...
ALROSA Reduces Production Guidance for 2020 to 28–31 Mn Cts from 34 Mn Cts...
ALROSA said recently that the Strategic Planning Committee of the Company’s Supervisory Board has “reviewed options to cut spending and optimise production as proposed by the management and recommended that the management be guided...
Petra Holds Back 75,000 carats amid Weak Demand
Petra reported sharp drops in both revenue and prices at its May tender, and said it held back parcels of over 75,000 carats because of weak demand.
The UK-based miner is currently operating only two...
De Beers Unveils New Initiatives to Boost Natural Diamond Appeal in India
De Beers Group has introduced a fresh initiative in India aimed at promoting natural diamonds to a younger audience. The ‘Second Ear Piercing Ritual’ campaign seeks to blend tradition with modern self-expression by introducing...
De Beers Forevermark Launches Its New Campaign This festive season.
Unveils three new designs to the Forevermark Avaanti Collection-
Mumbai, October 18, 2022 – De Beers Forevermark, the world’s leading and trusted diamond brand have launched their festive season campaign, as the brand unveiled three...
35-ct Diamond Fetches $2.7m in White Glove Sale
A 35-carat Leviev diamond ring beat its $2.5m high estimate yesterday when it sold for $2.7m at Bonham's New York.
The type IIa emerald-cut, D-color, VVS1-clarity diamond was accented by a round brilliant-cut diamond-set gallery...
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