Alrosa has put veteran banker Evgeny Agureev in charge of its sales division ahead of the miner’s new contract period for rough-diamond buyers, it said Wednesday. Agureev (pictured) will be the director of the United Selling Organization (USO), Alrosa’s diamond sorting and sales unit. He will be responsible for developing rough sales, making them more […]

The post Alrosa Names Sberbank VP as Sales Head appeared first on The Jewelry Magazine.

Rough diamond production at the major mines in Botswana dipped by 8.5% in value during the first six months of 2017 as compared to the same period a year earlier, according to statistics released recently by the Bank of Botswana. According to the report, ‘rough exports’ from Botswana during H1 2017 amounted to US$ 1.65 […]

The post Botswana’s H1 Rough Diamond Production Dips 8.5% Y-o-Y appeared first on The Jewelry Magazine.

Mountain Province Diamonds Inc. for its recently completed fifth diamond sale (June 2017) of Gahcho Kué diamonds, earned US$ 21.1 million for 222,000 carats, as compared to a revenue of US$ 12.7 million for 148,000 carats earned for the previous sale (May 2017); while revenue for the first three sales held in Q1 2017 amounted […]

The post Mountain Province’s Fifth Sale of Rough Diamonds Earns Revenue of US$ 21.1 Mn appeared first on The Jewelry Magazine.