A crucial change to GIA grading reports could restore confidence among the trade and consumers.
Prices for Rough at TAGS Tender Exceed Expectations
Sale of specials achieves 95% sell-through rate.
Why De Beers Is Keeping Rough Prices Steady
Dealers believe Anglo American’s sale process is dictating policy.
It’s almost a year since De Beers made one of its biggest price cuts in history, slashing 10% to 15% off the value of its rough. Few sightholders expect anything similar in 2025, despite prolonged weakness in the market. The reason for this is clear: Anglo American is trying to sell the company.
The company has not made significant changes since that December 2024 realignment. The diamond miner kept prices…
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