Alrosa

Severalmaz cuts production

Arkhangelsk, June 2020 – The Lomonosov Division of Severalmaz, a subsidiary of ALROSA Group, will decrease its 2020 diamond output. This decision was driven by the closure of the Group’s key sales markets and...
BlueRock Reports Record Output after Lockdown

BlueRock Reports Record Output after Lockdown

British miner BlueRock reports record output since it re-opened Kareevlei, in South Africa, after COVID-19 restrictions were eased. Production has been averaging almost 2,000 tons a day since 11 May 2020, up almost two-thirds on...
Alrosa

ALROSA reports on the results of the first stage of its digital tender

ALROSA completed the first round of a digital tender for large rough diamonds, which took place between May 15 and May 29, 2020. At the tender, the company’s long-term clients purchased 102 rough diamonds...
Diamond Producers Association presents major brand overhaul

Diamond Producers Association presents major brand overhaul

The Diamond Producers Association has revealed a major company overhaul, including a new name, platform, and identity. Launched today, the Diamond Producers Association will now be known as the Natural Diamond Council (NDC). The NDC will...
De Beers Could Hold Sights Outside Lockdown Botswana

De Beers Could Hold Sights Outside Lockdown Botswana

De Beers aims to hold Sights outside Botswana until travel restrictions brought in to counter COVID-19 are eased. Its third Sight of the year, in March, was canceled and the fourth, in May, was virtually...
Alrosa

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...
Israel Diamond Exchange Back in Business

Israel Diamond Exchange Gets Back to Business

The Israel Diamond Exchange opened its Trading Floor once again on Sunday May 24, 2020, and declared a return to “normal” activity after being closed for two months due to a lockdown being declared...
Billionaire Auctions off Super Bowl Diamond Ring for $1.025m

Billionaire Auctions off Super Bowl Diamond Ring for $1.025m

Billionaire Robert Kraft has auctioned off a ring containing 283 diamonds - to mark his NFL team's Super Bowl astonishing comeback victory - for $1.025m. Proceeds will go to the All In Challenge charity,...
Alrosa

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...
Traders Retrieve their Diamonds as Lockdown Eases in Surat

Traders Retrieve their Diamonds as Lockdown Eases in Surat

Traders and merchants in India have been crowding outside private vaults to retrieve their diamonds after lockdown rules were finally eased. Authorities in Surat, the cut-and-polish hub, have allowed factories and workshops to resume production...

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Alrosa

ALROSA reports its June 2020 diamond sales results

Sales of rough and polished diamonds accounted for $31.3 million, including proceeds from rough diamond sales of $24.8 million, and from polished diamond sales...
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