Category: Rough

De Beers Shrinks Sales Team in Latest Cost-Cutting Drive

Restructuring of trading department reflects ongoing market crisis.

Why Was July a Bumper Month for Rough-Diamond Trading?

Assessing the impact of De Beers, Alrosa, Angola — and the tariffs.

850,000cts. of Rough to Feature in Four Simultaneous Antwerp Tenders 

Bonas will offer over 900 lots from Botswana, Canada, Lesotho, Angola and more.

Alrosa Sales Slide as Weak Demand Persists 

Revenue down 24% in first half.

De Beers Expects First-Half Loss Following ‘Stock Rebalancing’ 

Offloading inventory at reduced margins supported sales amid difficult market conditions.

Larger Diamonds in Hot Demand at De Beers Sight 

Rough of 2.50 to 4 carats has been strong for two months, leaving some perplexed amid mixed polished sales.

Large Stones Lead $16M TAGS and Sodiam Tender

Companies sell 15 lots totaling 865.19 carats.

Gokhran Could Spend Half Its Budget Buying Alrosa Rough 

Russia has allocated $1.97 billion through 2027 for state repository to purchase precious metals and gems.

Russia Still Largest Rough Producer by Value in 2024 

Country edged out Botswana for first place in 2023.

Israel Doesn’t Want Qatar to Run the Kimberley Process

Conflict-diamond watchdog struggles to find new chair.

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