Alrosa reiterated its commitment to support its clients and the diamond industry at large by announcing a new set of unprecedented measures to offer additional flexibility. The company continues to follow the…
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Alrosa auctioned ‘special sized’ rough diamonds (over 10.8 carats) in Belgium and Israel in July. Participants reviewed goods at the company’s local sales offices. In March 2020, Alrosa suspended auctions due to…
Gold prices in India hit a record high of ₹50,015 per 10 grams on the Multi Commodity Exchange of India Ltd (MCX) on 22nd July as investors sought refuge in the yellow…
Rio Tinto has continued to produce and market its diamonds throughout the challenges posed by the pandemic. Rio Tinto, 100% owner of the Argyle diamond mine in Australia and the operator and…
Sarine Technologies Ltd. said that Alrosa is further promoting digital tenders, enabled by Sarine’s technologies, as an innovative alternative for the more efficient, less risky procurement of select rough stones sized 2…
Gemist, the US-based digital jewellery brand, announced it has received an investment from De Beers Group Ventures, the diamond giant’s innovation division. The investment amount was not disclosed. Gemist’s “try-and-buy” technology empowers…
Alrosa Zim, the joint venture between Alrosa and Zimbabwe Consolidated Diamond Company (ZCDC), has begun prospecting and preliminary exploration works for primary diamond deposits in Zimbabwe. After getting special grants from the…
Beleaguered miner Petra Diamonds Limited has entered into an agreement to dispose its exploration assets in Botswana via the sale of 100% of its holding in Sekaka Diamonds Exploration (known as Petra…
De Beers reported that its rough diamond production for Q2 that ended 30th June, 2020 decreased by 54% to 3.5 million carats, primarily due to the Covid-19 lockdowns in southern Africa. Mining…
Alrosa reported plans to change the personnel structure of its Mirny mining and processing division in order to control operating costs. The company is in the process of consolidating the plant and…