De Beers delays new sightholder contract
De Beers has extended its current sightholder contract by three months after the Covid-19 pandemic disrupted the renewal process.
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Alrosa cancels October rough sale
Alrosa will not hold a rough trading session in October in an effort to avoid releasing too many goods during a fragile recovery in the diamond market.
De Beers Group rough diamond sales for Cycle 8, 2020
Press release – De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for the eighth sales cycle of 2020.
Artisanal diamond divers in the spotlight
Filmmaker Laurent Cartier follows the determined men who search Sierra Leone’s Sewa River for natural diamonds.
De Beers’ market share falls in 2019, hides a surprise
After a year of pains, and ahead of one of the most complicated years since World War II, De Beers’ market share sank in 2019. Not only De Beers, but ALROSA, Rio Tinto, and Petra all lost market share.
The next to last Argyle pink diamonds tender is here
The red, pink and purple diamonds in the penultimate Argyle Pink Diamonds Tender are making their rounds, mostly virtually of course.
Troubled Dominion sells Canada’s first diamond mine
Dominion Diamond Mines, which filed for insolvency in April, has sold its Ekati mine, in Canada after receiving a solitary bid.
De Beers Group rough diamond sales for Cycles 6 and 7, 2020
Press release – De Beers Group announced [on September 11th] the value of rough diamond sales (Global Sightholder Sales and Auctions) for the sixth and seventh sales cycles of 2020.
ALROSA reports its August 2020 diamond sales results
Press release – ALROSA reports its diamond sales results for August and eight months of 2020.
Rough-Market momentum set to continue
The resurgence in rough-diamond trading will persist for another two months as manufacturers fill supply shortages and retail demand rises, dealers predicted.
Diamond production dropped, now it is nosediving
Global diamond production sank 6.9% in 2019, the deepest plunge in a decade. By value, production dropped 6.2%. There were good reasons for this, and our updated production forecast calls for an even more significant slide in 2020.
Lucara Diamond CEO: industry sales must be transformed
This week, Eira Thomas, CEO of Lucara Diamond, owner of the Karowe mine in Botswana, sent an open letter to the diamond industry promoting Clara, the sales perform that Lucara purchased two years ago.
