Some in the battered diamond industry believe an unlikely figure, pop star Taylor Swift, may have done more to revive interest in natural diamonds than years of marketing campaigns. Diamond…
Tough economic conditions in China and India cut rough diamond sales by De Beers by 80% from a year ago as the company continued to keep stones off the market,…
The Kimberley Process (KP), an international scheme that certifies rough diamond exports, is expected to decide this week whether Russian diamonds should be declared conflict gems. Members of the KP…
De Beers, the world’s top diamond producer by value, has appointed oil and energy industry executive Al Cook as its new chief executive to replace Bruce Cleaver, who leaves the top job after six…
The board of Russian diamond major Alrosa (MCX: ALRS) has suggested shareholders vote to receive no dividend for 2021 during the upcoming general meeting. Alrosa reported a net profit of…
Alrosa (MCX: ALRS), the world’s top diamond producer by output, has been hit by fresh sanctions imposed by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). The OFAC…
De Beers, the world’s top diamond producer by value, saw sales jump by 18% in the second cycle of 2022 compared to the same period last year, attesting to the…
The affected by sanctions Russian diamond miner said it was doing “everything” needed to mitigate the impacts of the conflict on its clients and partners.
Petra Diamonds (LSE: PDL) and Lucara Diamond (TSX: LUC) added evidence today that the global market has returned to pre-pandemic levels after posting a sharp increase in sales and revenue…
De Beers, the world’s top diamond producer by value, saw production jump in the last quarter of 2021 by 15% to 7.7 million carats, as it boosted production to meet…
Canada’s Lucara Diamond (TSX: LUC) says the global market for roughs and diamond jewellery has reached a healthy balance thanks to supply improvements and fundamentals. The Vancouver-based miner said it expected the…
Alrosa, the world’s top diamond miner by output, says the industry has “fully recovered” from the Covid-19 pandemic as a structural production decline paired with growing end-user demand are pushing…
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