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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
Lucara
Lucara Tender Beats Expectations
Lucara Diamond Corp. achieved higher sales than it expected at its final tender of the year as market stabilization
News Dec 19, 2019 Rapaport News
De Beers diamonds on glass table
De Beers Rough Prices Decline 5% in 2019
A drop in rough-diamond prices and a sales shift to lower-value items weighed on De Beers’ profitability in the second half, according
News Dec 16, 2019 Rapaport News
A rough diamond
Rough Prices Set for Slump – Analyst
Rough-diamond prices are likely to fall 5% this year as weakness in the industry continues, Panmure Gordon analyst Kieron
News Jul 08, 2019 Rapaport News
Gahcho Kué
Analysts Expect Flat Rough Prices in 2019
Rough-diamond prices will remain sluggish this year as the market challenges that arose in the second half
News Mar 28, 2019 Rapaport News
Venetia
Weak Demand Weighs on De Beers Sales
De Beers’ sales fell for the second consecutive month, as high rough prices and slim midstream profits
News Mar 06, 2019 Joshua Freedman
De Beers
De Beers Cuts Prices of Cheaper Rough
De Beers significantly reduced prices of lower-quality rough diamonds at this week’s sight in response to a slowdown in the Indian manufacturing
News Nov 13, 2018 Joshua Freedman
De Beers rough
De Beers Raises Rough Prices Again
De Beers sold $550 million worth of goods at its May sales cycle as strong consumer demand boosted the
News May 22, 2018 Joshua Freedman
Rough Demand Boosts Mountain Province Sales 150
Gahcho Kué Prices Rise as Market Improves
Mountain Province Diamonds has posted its highest monthly sales total to date, as better-quality production and improved
News Feb 13, 2018 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
Catoca
Catoca Sees Revenue Rise in 2016
Catoca, which operates Angola’s largest diamond mine, reported an increase in revenue and profit in 2016 as lower rough
News Aug 22, 2017 Rapaport News
Firestone Liqhobong mine
Switch to Smaller Rough Dents Liqhobong Prices
The average selling price of rough diamonds from Firestone Diamonds’ Liqhobong mine lagged behind the company’s
News Jul 17, 2017 Joshua Freedman
Gahcho Kue processing plant
Gahcho Kué Disappoints with Low Prices
A large proportion of fluorescent diamonds and the negative impact of India’s liquidity crisis dampened prices at the initial
News May 11, 2017 Rapaport News
Rough Diamonds
Diamcor Hurt by Weak Rough Prices
Diamcor Mining’s sales declined 8 percent in the fiscal third quarter, the company said Wednesday, citing sluggish
News Mar 02, 2017 Rapaport News
De Beers Venetia mine
De Beers Profit Jumps as Diamond Market Stabilizes
Profit more than doubled for De Beers last year as trading conditions in the diamond-manufacturing sector improved and
News Feb 21, 2017 Joshua Freedman
ghaghoo
Gem Diamonds Puts Ghaghoo Mine on Hold
Gem Diamonds will stop production at the Ghaghoo mine in Botswana, effective immediately, due to a slump in prices, the
News Feb 16, 2017 Rapaport News
De Beers Jwaneng truck
De Beers Slashed Rough Prices 5% in 2016
De Beers said its rough diamond prices fell 5 percent this year even as the diamond market showed
News Dec 08, 2016 Rapaport News
ALROSA sorters
ALROSA Sales Weather Indian Liquidity Storm
ALROSA’s diamond sales jumped 63 percent from a year ago to $255.2 million in November, a signal that the liquidity
News Dec 07, 2016 Rapaport News
ALROSA rough sorter
Cautious ALROSA Targets Steady Rough Prices
ALROSA pledged to keep rough diamond prices relatively stable in the short term even after demand recovered
News Nov 27, 2016 Rapaport News
Rough loupe
Analyst Warns of Rough Price Pressure
New diamond mines may force rough prices down next year because of increased supply, according to Panmure
News Nov 21, 2016 Rapaport News
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