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De Beers Office in Botswana
De Beers Turns to Tech as Layoffs Loom
De Beers is no stranger to changing strategy. Throughout its 130-plus-year history, the company has often adjusted its approach,
Analysis Aug 03, 2020 Avi Krawitz
The new Cullinan plan
Petra Revenue Falls to Nine-Year Low
Petra Diamonds’ full-year sales dropped to their lowest level in almost a decade as the coronavirus aggravated an already weak
News Jul 26, 2020 Rapaport News
De Beers rough and polished diamonds.
De Beers to Hold Viewings in Antwerp and Dubai
De Beers will allow clients to view goods in Antwerp and Dubai at next week’s sight, with both the
News Jul 23, 2020 Joshua Freedman
De Beers.
Covid-19 Ravages De Beers Sales
De Beers’ sales and production nosedived in the second quarter as the coronavirus crushed diamond demand throughout the
News Jul 16, 2020 Rapaport News
Nyurbinskaya
Alrosa Monthly Sales Plummet Again
Alrosa’s diamond sales fell 86% year on year to $31.3 million in June as contract customers continued to delay buying
News Jul 12, 2020 Rapaport News
Alrosa Inter International mine
Virus Cases Force Shutdown at Alrosa Mine
Alrosa has suspended operations at its International underground mine for up to two weeks after “several” employees tested
News Jun 25, 2020 Rapaport News
BlueRock
BlueRock Counts Cost of Coronavirus
The coronavirus cost BlueRock Diamonds GBP 550,000 ($690,000) as sales slumped and the closure of its Kareevlei
News Jun 24, 2020 Rapaport News
Grib Diamonds
Rough Prices Climb at Grib Auction in Antwerp
Grib Diamonds noted a modest increase in rough prices versus pre-lockdown levels as demand returned following a two-month pause
News Jun 18, 2020 Rapaport News
Gem Diamonds Letseng
Gem Diamonds Notes Solid Rough Demand
Gem Diamonds reported a rise in the average selling price for the first half of 2020, noting that
News Jun 18, 2020 Rapaport News
Rough diamonds.
Rough Sales to Decline Up to 40% This Year
Rough-diamond sales will drop by 30% to 40% this year as Covid-19 restrictions have shut down the global
News Jun 07, 2020 Rapaport News
Lulo.
Lucapa Raises $3.6M for Lulo Kimberlite Hunt
Lucapa Diamond Company has completed a sale of new shares that successfully raised AUD 5.25 million ($3.6
News Jun 03, 2020 Rapaport News
petra mine 150
Petra Mulls June Tender After Rough-Price Slump
Petra Diamonds is considering whether to hold a rough tender in June after a market slowdown prompted it to cancel its May
News May 31, 2020 Rapaport News
Alrosa rough diamond sorting
Alrosa Allows Deferrals at Third Consecutive Sale
Alrosa has continued its policy of enabling customers to hold off buying its rough diamonds until later
News May 31, 2020 Rapaport News
Rough diamonds Alrosa
Alrosa Sales Nearly Wiped Out in April
Alrosa’s diamond sales plummeted 95% to $15.6 million in April, the lowest on record, as customers deferred purchases until
News May 12, 2020 Rapaport News
Alrosa Komsomolsky cut at Aikhal mine
Alrosa Pauses Production at Two Mines
Alrosa has suspended production at two of its less profitable mines, citing the heavy impact of the coronavirus
News May 05, 2020 Rapaport News
Bruce Cleaver
Don’t Ban Rough Buying, De Beers Urges
De Beers CEO Bruce Cleaver has called on the trade to allow rough purchases, assuring manufacturers the company
News May 03, 2020 Rapaport News
Mountain Province
Mountain Province Revenue Improves in 1Q
Sales of rough from Mountain Province’s Gahcho Kué mine grew 2.4% to 659,318 carats in the first quarter,
News Apr 22, 2020 Rapaport News
De Beers Donation
De Beers Bolsters Coronavirus Aid Package
De Beers and its parent company Anglo American have contributed an additional $3 million in aid to help mitigate the
News Apr 21, 2020 Rapaport News
Nimesh Patel
De Beers CFO to Leave Company
De Beers chief financial officer Nimesh Patel will exit the company on July 26 to become CFO and executive
News Apr 02, 2020 Rapaport News
Karowe
Lucara May Struggle to Hold Botswana Sales
The coronavirus outbreak has threatened Lucara Diamond Corp.’s ability to hold tenders in Botswana, and had a heavy
News Apr 01, 2020 Rapaport News
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