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De Beers Veneita
Higher Costs Hit De Beers Profit
De Beers’ earnings fell in 2018 due to the costs of new initiatives such as its Lightbox synthetics business. Underlying
News Feb 21, 2019 Rapaport News
Victor mine
2H Slump Dents De Beers Sales Volume
De Beers’ sales volume fell 4% last year due to weakened demand for lower-value diamonds in the second half.
News Jan 24, 2019 Rapaport News
Alrosa Lomonosov deposit
Alrosa to Hold Back Supply in 2019
Alrosa plans to keep its rough-diamond sales in line with production in 2019 to avoid flooding the market with
News Dec 23, 2018 Leah Meirovich
Venetia
De Beers Raises Production Outlook
De Beers has increased its production forecasts for 2018 and the coming years, as the miner anticipates
News Dec 12, 2018 Joshua Freedman
Mountain Province
Gahcho Kué Production Set to Rise
Production at the Gahcho Kué mine is likely to exceed expectations for 2018 before increasing steadily over the
News Nov 28, 2018 Rapaport News
Argyle 150
Diamond Resources Might Not Be Forever
While it’s true that value comes from rarity, no natural resource lasts forever, and the rare
News Aug 14, 2018 Leah Meirovich
Marange
Zimbabwe Output Soars in First Half
Zimbabwe’s state diamond producer recorded a 44% increase in output in the first half of 2018 following investments in mining
News Jul 22, 2018 Rapaport News
De Beers 150
De Beers Sales Volume Rises in Positive Market
De Beers’ sales volume and production grew sharply in the second quarter amid strong trading conditions, the
News Jul 19, 2018 Rapaport News
Zimbabwe 150
Zimbabwe Forecasts Surge in Diamond Output
Zimbabwe’s rough-diamond production will more than triple to 11 million carats in 2025, according to the nation’s state-owned mining
News Jun 05, 2018 Rapaport News
Rio Tinto Argyle mine
Rio Tinto Slashes Argyle Outlook
Rio Tinto has lowered its estimate of diamonds it can viably extract from the Argyle mine, after
News Mar 05, 2018 Rapaport News
De Beers Earnings Fall 150
De Beers Production to Peak in 2018
De Beers expects its production to hit a high point in 2018 as a number of its mines approach the end of their
News Feb 22, 2018 Joshua Freedman
Botswana Rough Exports Fall in 2017 150
Botswana’s Rough Exports Drop
Botswana’s rough-diamond exports declined 14% to $3.48 billion in 2017, according to data released by the Bank of Botswana. After
News Jan 31, 2018 Rapaport News
De Beers sorter 140
Rough Market Upbeat at $665M De Beers Sight
Rough-diamond demand was strong at De Beers’ January sight, as manufacturers plan to increase their production in anticipation of post-holiday orders
News Jan 31, 2018 Rapaport News
Alrosa rough
Alrosa Sales Exceed 41M Carats in 2017
Alrosa sold more diamonds than it mined in 2017, even as production grew. The Russian miner reported sales
News Jan 28, 2018 Rapaport News
Mir mine Alrosa
Alrosa Rough Production to Fall in 2018
Alrosa expects its rough-diamond production will decline about 7% next year, with the Russian miner selling
News Dec 24, 2017 Rapaport News
Firestone Liqhobong mine
Firestone Raising Cash After Price Drop
Firestone Diamonds is looking to raise $25 million (GBP 18.5 million) to fund operations at its Liqhobong mine in Lesotho
News Dec 04, 2017 Rapaport News
Gahcho Kue processing plant
Gahcho Kué Production Exceeds Forecasts
Mountain Province Diamonds could surpass its diamond output target for 2017 from the Gahcho Kué
News Oct 25, 2017 Rapaport News
De Beers Sorting
De Beers Sees Sales Volume Rise
De Beers’ sales volume and production jumped in the third quarter as the market stabilized and due to the
News Oct 25, 2017 Rapaport News
Lucara 342 carat rough Karowe
Lucara Lowers Production Outlook
Lucara Diamond Corp. reduced its production forecast after a shortage of equipment in the second quarter led to lower
News Aug 06, 2017 Rapaport News
Alrosa Mir Mirny mine
Higher Grade Drives Alrosa Production Jump
Alrosa’s rough-diamond production grew 14% year on year in the first half as mining grades increased, the company
News Jul 25, 2017 Rapaport News
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