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De Beers Sales Slump 25% in May
De Beers’ sales fell to their lowest level in more than a year and a half, as a slowdown in the Indian manufacturing
News May 21, 2019 Joshua Freedman
Alrosa
Alrosa Profit Dips Amid Shift to Smaller Stones
Alrosa’s profit decreased in the first quarter as its sales mix shifted to lower-value goods. Net profit fell
News May 19, 2019 Rapaport News
Alrosa Purple
11ct. Purple Expected to Fetch Over $10M
Hong Kong-based M&B Limited expects to sell a record-setting purple diamond for more than $10 million, after
News May 15, 2019 Rapaport News
Alrosa
Weak Indian Demand Dents Alrosa Sales
Sales at Alrosa fell 21% year on year to $318.7 million in April amid a continued slowdown in the Indian manufacturing
News May 13, 2019 Rapaport News
Alrosa
Alrosa Offloads $19M of Non-Core Assets
Alrosa has sold a number of its non-diamond-related businesses in an effort to consolidate operations and focus on its diamond assets,
News May 08, 2019 Rapaport News
Dollars and Jewelryq
Diamond Prices Soften Despite US Stability
RAPAPORT PRESS RELEASE, May 7, 2019, Las Vegas … Polished-diamond prices declined in April due to continued oversupply and
Press Release May 07, 2019 Rapaport
Venetia Mine
Diamond Miners Push Back on Ethics Claims
The major diamond miners have weighed in on the debate over which diamonds are more ethical, claiming
News May 02, 2019 Rapaport News
AWDC building Antwerp
Belgium Rough Trade Slows in 1Q
Belgium saw a decline in its imports and exports of rough diamonds in the first quarter, as mining companies’ sales
News Apr 28, 2019 Rapaport News
Alrosa Akhail 150
Alrosa Green-Lights Akhail Mine Expansion
Alrosa will deepen its Akhail underground deposit, extending the mine’s life by 10 years and adding 20 million
News Apr 23, 2019 Rapaport News
Alrosa rough diamonds with tweezers 150
Alrosa Launches Zarya Diamond Mine
Alrosa has started diamond production at a new deposit in Yakutia with an expected mine life of 11 years, it said Wednesday.
News Apr 18, 2019 Rapaport News
Alrosa
Alrosa’s Revenue Falters on Weak Prices
Alrosa’s sales fell in the first quarter amid lower rough prices and a larger proportion of small diamonds.
News Apr 17, 2019 Rapaport News
Alrosa
Alrosa March Revenue Plunges
Sales at Alrosa fell 33% year on year to $377.1 million in March, even as the rough market picked up after
News Apr 11, 2019 Rapaport News
Alrosa Catoca mine 600
Alrosa, Endiama Aim to Develop Angola Industry
Alrosa has signed an agreement with Angola’s state-run diamond-mining company to develop joint projects and share information.
News Apr 07, 2019 Rapaport News
CAR
CAR Invites De Beers and Alrosa to Mine Its Diamonds
The Central African Republic (CAR) is trying to entice large diamond-mining companies to set up operations in the country, as part
News Apr 02, 2019 Leah Meirovich
Rough from DPA
Profits Tight Amid Slow Diamond Trading
RAPAPORT PRESS RELEASE, April 2, 2019, Las Vegas … Diamond market sentiment was soft in March, after the
Press Release Apr 02, 2019 Rapaport
GIA Diamond Origin Report
GIA Unveils New Diamond Origin Report
The Gemological Institute of America (GIA) is rolling out a new grading report that will highlight the country
News Mar 28, 2019 Rapaport News
Alrosa
Alrosa Notes Rise in Global Jewelry Sales
Global sales of diamond jewelry grew 4% to $85.9 billion in 2018 despite a weaker second half, according to market research
News Mar 26, 2019 Rapaport News
Alrosa
Alrosa Sees Untapped Wealth in New Mine
Alrosa’s newest mine could become one of the company’s richest sources of large rough diamonds, recent testing
News Mar 25, 2019 Rapaport News
Alrosa Mir mine
Alrosa’s Mir Site Could Reopen in 2030
Mining operations at Alrosa’s Mir deposit won’t resume until at least 2030, as the company carries out work
News Mar 18, 2019 Rapaport News
Alrosa
Alrosa Profit, Revenue Rise in 2018
Sales of higher-quality stones and an increased average price drove a spike in Alrosa’s profit and revenue in 2018. Profit
News Mar 17, 2019 Rapaport News
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