Category: Rough

Strong Prices Drive Rio Tinto Profit Surge

Revenue and profit from Rio Tinto’s diamond division soared in the first half of the year as demand strengthened and manufacturers replenished inventory.

De Beers Cautious Following Sales Jump

De Beers’ revenue rose by almost a quarter in the first half of 2022, but the miner gave a more somber outlook for the rest of the year as polished demand has slowed.

Nonprofit Urges Europe to Outlaw Russian Diamonds

Rough ban should feature in next sanctions package, says Transparency International.

Israel Polished Exports Grow

Rough shipments weaken in mixed June for the sector.

Russia Is ‘Elephant in the Room’ as KP Session Ends

Lack of consensus reportedly prevents topic from being on agenda.

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