Category: Rough

DTC Botswana Eyes New Sources of Rough

Strategic overhaul would enable De Beers-government joint venture to process diamonds other than Debswana’s.

Petra Prices Improve at December Sale

Weakness of larger rough abates amid positive holiday sentiment.

De Beers to Offer More Rough to African Factories

Sightholders expect greater allocation of smaller diamonds to Botswana units.

De Beers Extends Sight Contract by a Year

Current supply terms to remain in place through December 2024.

Petra Diamonds Sees Rough Prices Dip 5%

Weak Chinese market dented demand at latest tender.

De Beers Sales Show Mixed Trend in Uncertain Market

October-November sight smaller than September’s but larger than a year earlier.

Sodiam Rough Tender in Angola Garners $29M

Sale included special production from Lulo, Catoca and Luaxe mines.

The Evolution of De Beers’ Strategy

Bruce Cleaver reflects on the changes that took effect in the six years he headed the diamond company.

Kimberley Process Rejects Efforts to Put Russia on Agenda

Organization received differing views on whether the matter was relevant for discussion during recent plenary.

UAE to Be 2024 Kimberley Process Chair

Country will take over from Zimbabwe.

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