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Rough-diamond production is not expected to return to pre-pandemic levels. The coronavirus forced the mining companies to rethink their production programs and downscale accordingly. However, 2020 was always going to be a tipping point for supply.
Prices of fancy-color diamonds rose 1.1% year on year in the third quarter, rebounding from a long depression caused by the coronavirus pandemic, the Fancy Color Research Foundation (FCRF) said.
1 ct. RAPI -0.2% in October.The diamond trade was busy in October as suppliers filled orders for the holiday season. The US market is fueling optimism, while there is caution about China’s prospects. Polished demand is outpacing supply, but inventory levels are rising and buyers are pushing for higher discounts.The RapNet Diamond Index (RAPI™) for […]
Rio Tinto achieved record-breaking figures at its 2021 Argyle Pink Diamonds Tender, with prices strong amid dwindling supply from the mine.
The market for lab-grown diamond jewelry is poised to almost double in size by 2025, predicts industry analyst Paul Zimnisky.
Press release – De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for the eighth sales cycle of 2021.
Both Alrosa and De Beers continue to report robust rough diamond sales fueled by strong consumer demand.
Gem Diamonds recovered two huge diamonds – 245-carat and 102-carat – on the same day from its Letseng mine, in Lesotho.
De Beers has begun investigating Greenland’s potential as a source of high-value marine diamonds.
Lucara Diamond Corp might spin off its digital sales platform and add another mine in Botswana, CEO Eira Thomas revealed in a recent interview.
After online sleuths from a Chinese jewelry publication tied lab-grown diamond jewelry brand Cama to Chow Tai Fook, the retail giant reluctantly admitted it had started the brand as a “research project.”
De Beers’ joint venture with the Namibian government has secured a new long-term business plan that will generate an extra 20 years of production from the country’s land-based mining operations.
