Rio Tinto lowers outlook as Argyle closure looms
Rio Tinto expects a decline in diamond production in 2020 as it reduces output at its Argyle mine in Australia, which is set to close in the fourth quarter.
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Rio Tinto expects a decline in diamond production in 2020 as it reduces output at its Argyle mine in Australia, which is set to close in the fourth quarter.
Press release – Graff Diamonds, the world-renowned hi-end jewelry brand, has acquired the Firebird 20.7 ct diamond from ALROSA. The parties do not disclose the transaction details, but note that it achieved one of the highest prices per carat for such a stones in recent years.
After six years of development, production is due to begin at Alrosa’s Luaxe diamond deposit in Angola next year, the nation’s government said.
Press release – ALROSA unearthed this crystal in the early hours of December 25 at the Botuobinskaya kimberlite pipe in Yakutia. According to estimations made by ALROSA’s experts on site, a rough diamond weighing 190.77 carats has high quality characteristics.
US$425 million (provisional)
ALROSA Group announces diamond sales results for November and eleven months of 2019.
Petra Diamonds Ltd. found a buyer for the 20.08-carat blue diamond it unearthed in South Africa earlier this fall.
Press release – US$390 million (provisional).
Press release – ALROSA Group announces diamond sales results for October and nine months of 2019.
Two gem labs have joined forces to identify a method for determining whether a pink diamond came from the Argyle mine in Australia, and are issuing lab reports confirming their provenance.
Imagine the following: A diamond-mining company operating with self-driving trucks loads its haul of ore to the processing plant, where rough diamonds are separated from waste and arranged in their rough forms into different sizes before being sent for further aggregation.
Press release – A unique rough diamond weighing over 230 carats was unearthed at Udacnhaya kimberlite pipe on October 19. This is the largest gem-quality specimen found by ALROSA in more than three years.