Miners reveal dates of 2022 Rough Sales
De Beers, Alrosa and Rio Tinto have released their schedules for this year’s contract sales, at which the miners offer the majority of their rough supply.
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De Beers, Alrosa and Rio Tinto have released their schedules for this year’s contract sales, at which the miners offer the majority of their rough supply.
Low-value stones are the latest hot commodity among jewelers and manufacturers alike, but the rampant demand has been driving up prices and making these goods harder to find.
The “pandemic” 2020 was so difficult both for the global diamond industry in general and for the rough and polished diamond sector in particular.
De Beers will see stable production until 2024, management predicted, as the miner maintains a positive outlook on diamond demand.
Rio Tinto and Star Diamond Corporation have called off a long-running court battle over the development of their joint Canadian exploration project.
ALROSA reports preliminary rough and polished sales results for November 2021.
Alrosa has trimmed its roster of long-term clients for the miner’s new contract period, which will go into effect on January 1.
Some question if the rough market is cooling off even as diamond jewelry sales to end consumers remain strong.
Arctic Canadian Diamond Company is working on technology that will enable it to begin underwater remote mining (URM) in an effort to extend the life of its Ekati deposit.
The Indian government will require all traders to become members of the Gem & Jewellery Export Promotion Council (GJEPC) if they wish to import and export rough diamonds under the Kimberley Process (KP).
Press release – De Beers Group [announced November 24] the value of rough diamond sales (Global Sightholder Sales and Auctions) for the ninth sales cycle of 2021.
Alrosa plans to increase its rough-diamond output next year as new mining resources come onstream, enabling it to address the market’s supply shortages amid strong demand.