De Beers Halts Online Rough Auctions as Sales Slide October 5, 2023 Revenue in latest cycle falls 61% year on year. Rough
Import Ban Will Resolve Oversupply, Says Kiran September 28, 2023 Voluntary freeze will rebalance inventory and support prices, writes global director Dinesh Lakhani. Rough
De Beers Expects Oversupply to Continue for Now September 26, 2023 Consumer demand is lagging behind 2021 and 2022 levels, miner says in Diamond Insight Report. Rough
Alrosa Halts Sales as Diamond Glut Persists September 21, 2023 Miner calls for “reciprocal effort” to tackle imbalance of supply and demand. Rough
Petra Diamonds Slides to Loss in ‘Subdued’ Market September 19, 2023 Miner gives downbeat outlook following weak demand in past fiscal year. Mining
Alrosa Finds Russia’s Largest Diamond in a Decade September 11, 2023 Company unearths 391-carat rough at Mayat mine in Yakutia. Mining
India Urging Miners to Be ‘Responsible’ About Rough Supply September 7, 2023 Weak retail sales have led to inventory imbalance. Rough
De Beers’ August Sight Yields Lowest Sales This Year August 30, 2023 Miner’s seventh sight totals $370 million amid slowdown in demand. Rough
Midsize Stones Sluggish at Petra Diamond Tender August 27, 2023 Overall prices down 4.3% on like-for-like basis at first sale of fiscal year. Rough
De Beers Loosens Buying Rules as Inventories Accumulate August 16, 2023 Miner allowing sightholders to defer certain rough purchases to early 2024. Rough
