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Pink Diamond 150
30-Carat Fancy Pink Set for Antwerp Sale
Lesotho-focused miner Namakwa Diamonds will sell a29.59-carat, fancy-pink rough stone in Antwerp this fall.The company discovered the diamond at its KAO mine in theAfrican country on June 12, according to brokerage firm Bonas-Couzyn, whichwill facilitate...
Rough Markets Aug 27, 2018 Rapaport News
De Beers 600
Higher Costs Dent De Beers Earnings
De Beers’ underlying earnings fell in the first half due to higher costs, even as the company maintained an upbeat forecast for the rest of the year.“The outlook for 2018 global consumer demand remains positive in most...
Mining Jul 26, 2018 Rapaport News
GIA Finds Moissanite Disguised as Diamond 150
GIA Spots Moissanite Posing as Rough Diamond
The Gemological Institute of America (GIA) has identified asynthetic moissanite stone that had been submitted to one of its laboratories as anatural rough diamond.The GIA’s Carlsbad lab recently examined the 9.71-caratstone, whose shape was...
Technology Feb 11, 2018 Rapaport News
Alrosa 2017 Rough Sales Decline 150
Alrosa Sees Sales Decline in 2017
Alrosa’s diamond sales fell in 2017 as an influx of lower-value rough reduced the average price it achieved. Combined rough and polished sales amounted to $4.27 billion for the year, Alrosa said Thursday, leaving the total...
Mining Jan 14, 2018 Rapaport News
Lucapa Plus 50ct
Lulo Yields Seven Diamonds Over 50ct.
Lucapa Diamond Company has recovered seven stones exceeding 50 carats at its Lulo mine in Angola, including two type IIa gems, the miner announced Thursday.Those two diamonds weigh 83 carats and 68 carats respectively, Lucapa...
Mining Aug 17, 2017 Rapaport News
De Beers
De Beers Ventures into Polished Diamond Sales
De Beers will start selling its own polisheddiamonds in auctions starting this June.Under the pilot scheme, the miner will sella range of polished stones manufactured directly from De Beers rough by third-partycontractors, the company said...
Polished Markets May 18, 2017 Rapaport News
Lucara 374 carats
374ct. Diamond Fragment Fetches $17.5M
Lucara Diamond Corporation has sold a stone that was originally part of the second-largest rough diamond in history for $17.5 million.The 373.72-carat rough, which broke off the Lesedi La Rona diamond during theproduction process,...
Mining May 14, 2017 Rapaport News
Sierra Leone 706 ct Diamond
Pastor Finds 706ct. Diamond in Sierra Leone
An alluvial miner discovered a 706-carat rough diamond at the Koyadu village in Sierra Leone, the government has confirmed. The stone was presented to the country’s President Ernest Bai Koroma last week by Paramount Chief Paul...
Rough Markets Mar 19, 2017 Rapaport News
Alrosa Star of Viluysk
ALROSA Israel Sale Fetches $22M
ALROSA sold $21.8 million of rough and polished diamonds atits tender in Israel in February, a spokesperson for the miner said in an emailto Rapaport News on Wednesday.The company sold 105 items at the event, which took placeduring...
Polished Markets Mar 01, 2017 Rapaport News
Lucara 813ct Constellation Diamond
Massive Diamond Boosts Lucara’s 2016 Sales
Lucara Diamond Corp. expects revenue to hit $295million in 2016, implying a 32 percent surge from a year ago, following the saleof the most expensive rough diamond in history.The Canada-based miner soldthe 813-carat Constellation diamond for...
Mining Dec 11, 2016 Rapaport News
Yury Okoemov ALROSA
ALROSA October Sales Hit $431M
ALROSA said rough diamond sales totaled $430.8 million inOctober as demand remained strong despite disruptions caused by the Diwalifestival in India. The revenue represents a decline from $435.1 milliona month ago but is still relatively...
Rough Markets Nov 15, 2016 Rapaport News
Rockwell Records Loss as Sales Slide
Rockwell Diamonds swung to a loss with revenue slumping in the second fiscal quarter, as mining grades and diamond prices fell.Sales dived 36 percent to $10 million (CAD 13.4 million) in the three months that ended August...
Mining Oct 31, 2016 Rapaport News
ALROSA Redeems $500M in Eurobonds
ALROSA, the Russian diamond miner, announced it had paid off $500 million of outstanding company Eurobonds, reducing its debt-load to $3.7 billion. The bonds were originally issued by the company between November 2004 and...
Mining Nov 18, 2014 Ronen Shnidman
Petra's Two Finsch Diamonds
Petra Diamonds' Profit Jumps to $68M
Petra Diamonds' revenue increased 20.2 percent year on year to $471.8 million for the fiscal year that ended on June 30. Group profit jumped to $67.5 million compared with $27.9 million one year earlier....
Mining Sep 18, 2014 Jeff Miller
Petra 232 ct Sept
Petra Recovers 232-Ct. Diamond at Cullinan
Petra Diamonds recovered a 232.08-carat, D, type II, white diamond at the Cullinan mine in South Africa.The diamond (pictured) is of exceptional size and clarity, according to the company, and is yet another very large, high-quality diamond recovered...
Rough Markets Sep 09, 2014 Deena Taylor
Lucara Prepares 16 Lots for Large Diamond Tender
Lucara Diamond Corporation will offer 16 lots at its second exceptional stone tender that is planned for July 16.The tender includes large diamonds that were recovered from the company's Karowe mine in Botswana this...
Rough Markets Jun 26, 2014 Deena Taylor
Rockwell Diamonds 4Q Sales +69%
Rockwell Diamonds Inc. reported that diamond sales, excluding beneficiation, rose 69 percent year on year to $12.1 million in the fourth fiscal quarter that ended on February 28. Total carat sales increased 81 percent to 9,596 carats....
Mining Apr 03, 2014 Ronen Shnidman
Tzoffey's 1818 Adds 600-Ct. Rough Diamond to Upcoming Tender
Press Release: Tzoffey's 1818, the Israeli-French auction house, announced it will add a 600-carat-plus rough diamond to the upcoming tender at the March 9 to March 13 International Rough Diamond Week (IRDW) at the Israel Diamond Exchange (IDE)....
Rough Markets Feb 25, 2014 Tzoffeys
Alrosa rough
India Requests Russia to Increase Rough Diamond Supply
India has asked Russia to push ALROSA for an early conclusion of long-term supply contracts so that more Indian companies can apply to source rough from the mining giant. The move would enable India's state-run...
Rough Markets Mar 28, 2012 Dilipp S Nag
Jericho Mine
Tache, Shear Diamonds Form Supply Alliance
The Tache Group and mining company Shear Diamonds Ltd. formed a strategic alliance under which Tache will purchase the diamond production from Shear's Jericho diamond project in Nunavut, Canada and provide financing....
Manufacturing Dec 09, 2011 Jeff Miller
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