De Beers Cycle 6 Sales Dip

De Beers Cycle 6 Sales Dip to US$250 Mn as Sightholders Defer Purchases

Sales of rough diamonds at De Beers sixth sales cycle of 2019 declined drastically to US$ 250 million as Sightholders were allowed additional flexibility to defer some of their rough diamond allocations to later...
Gemological Science International

Gemological Science International (GSI) President and Co-Founder Debbie Azar Interviewed by The Street

The leading finance publication spoke with Azar about her thoughts on a strong month for the diamond retail sales Debbie Azar, President and Co-Founder of Gemological Science International (GSI), was interviewed by leading financial markets...
Alrosa

ALROSA launched the cooperation with the FADN of Russia on the protection of the...

ALROSA and the Federal Agency for Nationality Affairs (FADN of Russia) signed an agreement on cooperation in the field of preserving the traditional lifestyle of the indigenous minorities of the Russian North, Siberia and...
Australias diamond output will fall 99 percent after Argyle closure

Australias diamond output will fall 99 percent after Argyle closure

Rio Tinto's planned closure of the Argyle mine in 2021 is set to reduce Australia's rough diamond output by 99 percent, GlobalData anticipates. The mining output will decline to just 137,000 carats from the...
Avraham Eshed named 2019 Israel Diamond Industry Dignitary

Avraham Eshed named 2019 Israel Diamond Industry Dignitary

After more than 50 years of uninterrupted work in diamonds and colored gemstones, Eshed is recognized for his achievements and his contribution to Israel's diamond industry and trade Avraham Eshed, a veteran Israeli diamond manufacturer,...
De Beers curbs diamond supply

De Beers curbs diamond supply as earnings drop

The diamond market was weak in 2014-15 in the run-up to a deep commodity price fall linked to declining Chinese demand for raw materials Anglo American’s diamond subsidiary De Beers is scaling back production after...
Israel Diamond Week

First Israel Diamond Week in Shanghai declared a success

The first Israel Diamond Week in Shanghai, held July 16-18, ended "on a high note and is expected to become an annual event", the Israel Diamond Exchange (IDE) website reported.. Shanghai Diamond Exchange (SDE) President...
Alrosa

ALROSA reclaims over 4 mln sq m of industrial lands

Over the past 13 years, ALROSA has allocated more than 950 million rubles (about $15 million) for the implementation of a program to reclaim, eliminate dusting facilities, and recreate a comfortable environment in the...
De Beers reports

As expected, De Beers reports decline in performance for second quarter

The De Beers Group released its production results for the second quarter earlier this month, reporting that its rough diamond production was down 14 percent to 7,7 million carats recovered. Mine closures, lower grades...
Gemmological

French Association of Gemmology Announces Speakers For 18th Gemmological Symposium

The Association Française de Gemmologie (the French Association of Gemmology) has announced the line-up of speakers for the 18th Paris Gemmological Rendez Vous, its prestigious annual gems symposium, which will take place on September...

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