India slashes import tax on polished diamonds
The Indian government has reduced customs duty on polished diamonds to 5%, a move the industry has welcomed.
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Alrosa raises prices amid supply shortages
Alrosa increased rough prices by around 10% at its January trading session as supply gaps widened, customers of the Russian miner told Rapaport News.
De Beers lifts production in strong rough market
De Beers raised its diamond output in the fourth quarter of 2021 in response to buoyant demand that has put pressure on rough supply.
Alrosa boosts sales with tightened format
Alrosa has retooled its method for bringing diamonds to market, shaving 15 to 25 days off the time lag between processing and sales.
Lab-grown diamonds setting new size records
The International Gemological Institute (IGI) and the Gemological Institute of America (GIA) labs have recently examined the largest lab-grown diamonds they have ever seen grown with the high-pressure, high-temperature (HPHT) and chemical vapor deposition (CVD) methods.
Interview With Rory Moore, CEO Of Arctic Canadian Diamond Co.
Rory Moore has worked at Ekati, the first diamond mine in Canada’s Northwest Territories, on and off for years. He was part of the original crew that first developed the mine in the 1990s. In 2018, he rejoined what was then called Dominion Diamond. He then became its interim president in January 2020, and in […]
India’s diamond trading jumps in December
India’s polished-diamond exports rose 3% year on year to $1.77 billion in December as the market continued to strengthen during the climax of the holiday season.
‘The Enigma,’ a 555-carat black diamond, could sell for $6M at auction
The massive natural fancy black diamond will be offered without reserve at Sotheby’s next month.
Alrosa sells its best fancy color diamonds direct to investors
Alrosa is to expand its sale of polished fancy color diamonds direct to wealthy individuals.
ALROSA reports its diamond sales results for 2021
Press relase – ALROSA reports preliminary rough and polished sales results for 2021.
De Beers Group rough diamond sales for cycle 10, 2021
Press release – De Beers Group [announced on December 22] the value of rough diamond sales (Global Sightholder Sales and Auctions) for the tenth sales cycle of 2021.
Alrosa’s “new” way of doing business
A new year, a new way of doing business. Alrosa introduced changes on 1 January which will, it says, provide buyers with more of what they want, and less of what they don’t.
