Slow and steady: Diamond sales showing signs of recovery
The world’s largest diamond mining company, the De Beers Group, has recorded a revenue decline in its third sales cycle of the year. De Beers reported sales of $USD445…
The world’s largest diamond mining company, the De Beers Group, has recorded a revenue decline in its third sales cycle of the year. De Beers reported sales of $USD445…
The De Beers Group has confirmed that Forevermark will cease supplying loose diamonds and shift to becoming a jewellery brand. The brand will stop using the De Beers name,…
Concern within the international diamond industry about the impact of sanctions against Russian diamonds has worsened in recent weeks. In December, it was announced that sanctions targeting Russian diamonds…
Russian diamond producer Alrosa has reported a 9 per cent increase in revenue despite ongoing sanctions from Western countries in response to the conflict in Ukraine. The company achieved…
The Gemological Institute of America (GIA), the world’s leading authority on research into gemmology, has cut 20 per cent of the workforce at its California headquarters. In late July,…
The De Beers Group has reported a sixth consecutive decrease in sales after the conclusion of the latest cycle on 25 July. Sales reached $US410 million ($AU615.5 million) for…
According to the latest figures from the Kimberley Process, Russia's rough diamond exports declined significantly in the past year amid worldwide sanctions following the invasion of Ukraine. Russia's rough…
According to the latest figures from the Kimberley Process, Russia's rough diamond exports declined significantly in the past year amid worldwide sanctions following the invasion of Ukraine. Russia's rough…
The De Beers Group has published the results from its fifth sales cycle of the year, identifying a further decline amid weakened global demand for diamonds. Sales reached $US450…
The Bulgari Laguna Blue, a pear-shaped fancy vivid blue diamond, has been sold for $US25.5 million ($AU37.9 million) at Sotheby's Geneva. The diamond comfortably exceeded its pre-sale estimate after…