DIAMONDS

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers ninth sales cycle of 2019, amounting to $390 million. Bruce Cleaver, CEO, De Beers Group, said: “With signs of increasing polished price...

ALROSA, a global leader in diamond mining, and Zimbabwe national diamond miner Zimbabwe Consolidated Diamond Company (ZCDC) have signed a joint venture agreement to develop diamond deposits in Zimbabwe. The agreement was signed by ALROSA Deputy CEO Vladimir Marchenko...

The company sold 14 polished diamonds with total weight of 108 carats, and 48 fancy colored polished diamonds weighing 131.6 carats in total. The overall revenue amounted to $2.2 million. Firms from Israel, the US, Belgium, India, Hong Kong and...

ALROSA, the world’s largest diamond miner, announces diamond sales for April and four months of 2019. April sales of rough and polished diamonds reached $318.7 million. Rough diamond sales amounted to $315.8 million, while those for polished diamonds stood at...

Freeport-McMoRan announced an agreement to sell its cobalt refinery in Kokkola, Finland and related cobalt cathode precursor business to Umicore for total consideration of approximately $150 million, plus working capital at the time of close. Under the terms of the...

Anglo American plc announces the approval by Debmarine Namibia, a 50:50 joint venture between De Beers Group and the Government of the Republic of Namibia, of the construction of a new custom-built diamond recovery vessel. At an expected total capital...

According to a press release, ALROSA, the world’s largest diamond producer by volume, reported the results of the international diamond auction, which took place in the Sixth International Diamond Week in Israel (IDWI), offering for sale special-size natural rough...