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ADK Plans 'Rough Diamond Days' Trading Event for Feb. 25 & 26
The Antwerpsche Diamantkring (ADK) will host "Rough Diamond Days" on February 25 and 26 in the trading hall. The event is open to all members of the World Federation of Diamond Bourses (WFDB). When ADK held its first...
Rough Markets Feb 04, 2015 Jeff Miller
Antwerpsche Diamantkring Hosts Rough Diamond Day
Press Release: For the very first time in the history of the diamond industry, the Antwerpsche Diamantkring (Kring) held a “Rough Diamond Day” on Thursday, November 6, 2014.The Kring -- the world’s leading rough diamond bourse...
Rough Markets Nov 06, 2014 Diamantkring
Gem Diamonds' Rough Sales +48%, Prices +29%
Gem Diamonds' rough diamond sales jumped 48.4 percent year on year to $61.3 million in the third quarter that ended on September 30. The company sold 23,550 carats during the period compared with 20,405...
Mining Nov 06, 2014 Jeff Miller
Alrosa rough
ALROSA Mulls Partnering With Jewelers in Diamond Cutting
ALROSA is considering the option of attracting renowned jewelry producers as strategic partners for its cutting and polishing facilities. The announcement followed an executive committee meeting, which looked at prospects for the development of its cutting...
Rough Markets Sep 28, 2014 Deena Taylor
Letseng Mine
Gem Diamonds 1H Letšeng Revenue +14%
Gem Diamonds reported that rough diamond sales from the Letšeng mine in Lesotho rose 14 percent year on year to $53.8 million in the first half of 2014. The average price of the goods rose 58 percent mainly...
Mining Jul 29, 2014 Deena Taylor
Finsch Mine
Petra's Revenue +17% in 2014
Petra Diamonds reported that revenue rose 17 percent year on year to $472.6 million during the fiscal year that ended on June 30 as production rose and rough prices firmed. The company sold 3,134,706 carats during...
Mining Jul 28, 2014 Deena Taylor
GIA Conducts Rough Diamond Evaluation Class in Namibia
Press Release: Expanding on the Gemological Institute of America's (GIA) beneficiation and education efforts in Africa, the Institute held its first-ever class in Namibia, the Rough Diamond Evaluation course, from June 30 through July 4. The...
Marketing Jul 14, 2014 GIA
de beers sorting
De Beers June Sight Estimated at $640M
The De Beers June sight closed with an estimated value of $640 million as demand for rough diamonds remained firm. Prices and assortments were largely unchanged from the previous sight, although sightholders reported minor...
Rough Markets Jun 16, 2014 Ronen Shnidman
Duas Barras Diamond Recovery Plant
Brazil Minerals Increases Stake in Duas Barras to 74%
Brazil Minerals Inc. paid $500,000 in cash and issued 675,000 shares to acquire an additional 18.75 percent of Mineração Duas Barras Ltda. (Duas Barras) in Brazil, increasing its current ownership to 73.75 percent. Through its stake...
Mining Jun 03, 2014 Jeff Miller
ALROSA, GJEPC Sign Cooperative Agreement
ALROSA and India's Gem & Jewellery Export Promotion Council (GJEPC) signed a memorandum of understanding that is aimed at improving cooperation between the Russian and Indian diamond communities. ALROSA and GJEPC agreed to exchange information...
Rough Markets Apr 10, 2014 Jeff Miller
Diamcor production
Diamcor's Recent Tenders Achieve $1M
Diamcor achieved $1.33 million from the sale of 4,395 carats during two rough diamond tenders held during the company's fourth quarter that ended on March 31, 2014. Proceeds included the sale of a 43.90-carat...
Mining Apr 01, 2014 Deena Taylor
Letseng 162.06
Gem Diamonds Sells 162-Ct. Rough Diamond for $11M
Gem Diamonds sold a 162.06-carat, type II diamond for $11.1 million, or $68,687 per carat, during its recent tender in February. The company also sold a 161.74-carat, type I diamond for $2.4 million, or $14,636 per carat....
Rough Markets Mar 05, 2014 Deena Taylor
Israel Diamond Exchange
Tzoffey's 1818 to Hold Rough Diamond Tender in Israel
Press Release: Tzoffey's 1818, the Israeli-French auction house, announced it will be tendering a wide range of rough diamonds during the upcoming International Rough Diamond Week (IRDW) to be held March 9 to 13 at the Israel Diamond Exchange (IDE)....
Rough Markets Feb 17, 2014 Tzoffey's 1818
Letseng Mine
Gem Diamonds' Letšeng Sales +57% in 4Q
Gem Diamonds reported that rough diamond sales from the Letšeng mine in Lesotho jumped 57 percent year on year to $75.6 million in the fourth quarter of 2013. The average price of the goods rose 49 percent mainly...
Mining Jan 28, 2014 Deena Taylor
Stuart Brown
Profile: Stuart Brown
Firestone Diamonds is an international diamond mining and exploration company with operations in Lesotho and Botswana.Name: Stuart BrownFrom: South AfricaCompany: Firestone Diamonds – CEO Rapaport News: What prompted you to pursue a career in the diamond industry?SB:...
Mining Jan 26, 2014 Rapaport News
Sarin Offers Galaxy Ultra in India, Israel
Press Release: Singapore Exchange Mainboard-listed Sarin Technologies Ltd., a worldwide leader in the development, manufacturing, marketing and sale of precision technology products for the planning, processing, evaluation and measurement of diamonds and gems, announced...
Technology Jan 15, 2014 Sarin Technologies
Diamcor's FY Rough Diamond Sales Reach $3M
Diamcor Mining Inc., the operator of the Krone-Endora at Venetia project, sold 3,955 carats of rough diamonds for $1.43 million in the company's third quarter that ended on December 31. The majority of these diamonds were...
Rough Markets Jan 13, 2014 Jeff Miller
De Beers Rough
De Beers Auction Sales Introduces Forward Contracts
De Beers introduced forward contract auction sales today to complement spot auction events and in order to provide customers with a choice to secure longer-term supplies. Customers will have the opportunity to bid for future rough diamond...
Rough Markets Dec 03, 2013 Sonya Burlan
Letseng Mine
Gem Diamonds' Sales, Production Fall But Carat Prices +21%
Gem Diamonds' share of rough diamond sales fell 31 percent year on year to $41.3 million for the third quarter that ended on September 30. The decrease was mainly due to its sale of the Ellendale mine...
Mining Nov 15, 2013 Jeff Miller
Antwerp Beurs Voor Diamanthandel
AWDC Hosts Delegates From Zimbabwe in Antwerp
Press Release: This week, the Antwerp World Diamond Centre (AWDC) is hosting a delegation of representatives from Zimbabwe, the Minerals Marketing Corporation of Zimbabwe (MMCZ) and the Zimbabwe Mining Development Corporation (ZMDC), in Antwerp. The...
Rough Markets Nov 12, 2013 AWDC
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