De Beers has seen its rough diamond sales rise to $580m (£465m) in its third sales cycle of the year. The mining group’s sales grew 5% from the revised figure of $553m (£443m) in the second cycle, but was 13% lower than last year’s March sale. According to Rapaport, De Beers has had $1.86bn (£1.49bn) … Read More →
The De Beers Group of Companies said the value of its rough diamond sales for the ninth sales cycle of 2016 reached US$470 million, which the company said conforms to its expectations. The group reported US$494 million in rough diamond sales during the previous cycle. Bruce Cleaver, CEO of the De Beers Group, commented, “Encouragingly, … Read More →
The De Beers Group of Companies recently announced that the value of rough diamond sales for the seventh sales cycle of 2016 reached US$630 million, up from US$528 million during the previous cycle. Bruce Cleaver, CEO of the De Beers Group, commented, “We saw healthy demand for our rough diamonds in Cycle 7, as manufacturers brought … Read More →
UAE Kimberley Process Chair Ahmed Bin Sulayem has announced that the second in a series of three, one-day “Special Forums” on rough diamond valuation will be held on September 30 in Antwerp. In association with the Antwerp World Diamond Centre (AWDC), the Special Forum will focus on valuation practices employed by the global diamond industry. … Read More →
Russian mining giant Alrosa is placing 19 rough diamonds under the hammer, including a 401.97-carat stone as part of an international rough diamond auction and polished diamond tender. The 19 lots, which have a total weight of 1,098 carats, are the property of Alrosa and JSC Almazy Anabara. The polished diamond tender will feature 28 … Read More →
The Israel Diamond Exchange (IDE) signed a Memorandum of Understanding (MoU) with Sarine Technologies Inc aimed at improving transparency in rough diamond trading. Under the MoU, Sarine will disclose to IDE members if “inclusion mapping” using the Galaxy system has been undertaken on specific rough stones. With this agreement, rough diamond sellers will not be … Read More →
Tzoffeys 1818, a pioneer in rough tenders headquartered within the Israel Diamond Exchange (IDE), will be offering a mix of commercial goods and exceptional rough stones at its tender next week. The tender will be held as part of the Israel Diamond Exchange’s 3rd International Rough Diamond Week scheduled for May 22 to 26. In … Read More →