The biggest and priciest diamonds of 2018
As the year comes to a close, Rapaport News takes a look back at the largest rough stones miners unearthed in 2018, and the diamonds that fetched the highest prices at auction.
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De Beers ready to relax its provenance rules
De Beers is planning to loosen its source-disclosure restrictions for sightholders following requests for increased transparency, Rapaport News has learned.
This is the largest diamond ever found in North America
Dominion Diamond Mines announced that a 552 ct. yellow diamond (pictured) has been discovered at the Diavik mine in Canada’s Northwest Territories. The mine says the stone is the largest gem-quality diamond ever found in North America.
Gem Diamonds unearths 101ct. and 71ct. diamonds
Gem Diamonds has recovered two large diamonds within a 24-hour period at its Letšeng mine in Lesotho, the company said Wednesday.
De Beers rough diamond sales Cycle 10, 2018
Press release – Bruce Cleaver, CEO, De Beers Group, said: “De Beers Group’s rough diamond sales during the final cycle of the year continued to be in line with expectation ahead of the all-important retail selling season as cutting and polishing factories in India restarted their operations following the Diwali holiday.”
De Beers raises production outlook
De Beers has increased its production forecasts for 2018 and the coming years, as the miner anticipates solid consumer demand.
ALROSA recognized as one of the leaders in corporate charity financing
ALROSA was recognized as one of the leaders in financing charitable activities among Russian and international companies, based on the results of the “Corporate Charity Leaders” annual competition
Canada’s NWT lifts polishers’ export ban
Canada’s Northwest Territories (NWT) has abolished its ban on diamond manufacturers sending rough to other locations for processing, potentially enabling significant cost savings for the industry.
ALROSA November sales of rough and polished diamonds reached $274.0 million
Press release – ALROSA, the world leader in diamond production, announces diamond sales results for November and eleven months of 2018.
53 million Americans plan to buy a diamond between Thanksgiving and Valentine’s Day
Press release – New national survey demonstrates consumers’ desire for natural diamonds this Holiday season.
Gahcho Kué production set to rise
Production at the Gahcho Kué mine is likely to exceed expectations for 2018 before increasing steadily over the next three years, according to part owner Mountain Province.
Botswana to increase demands of De Beers in next sales agreement
Botswana has put together a negotiating team for talks with De Beers about the sides’ next sales agreement which is set to replace the current agreement which runs out in 2020.
