Category: Rough

TAGS and Sodiam Sell $6.5M in Large Stones at Luanda Tender 

Goods came from three Angolan mines, including first-timer Sangamina.

De Beers Mulls Further Production Cuts

Continued high levels of inventory in midstream, weak demand and expectations of protracted recovery affect output levels.

Petra Notes Continued Price Weakness for Rough Diamonds 

Like-for-like values down 9% at first two tenders of fiscal year.

TAGS and Sodiam Generate $13 Million at Luanda Tender

Sale exceeds expectations, with 95% of goods sold

Okavango Diamond Company Cancels December Sale

Botswana state-owned rough trader also called off November auction.

Letšeng Mine Yields 213ct. Rough for Gem Diamonds 

Stone is 13th over 100 carats that company has recovered this year and fifth in just over a month.

Firm Prices at De Beers and Alrosa Likely Here to Stay

Miners press ahead with policy of supply flexibility.

Another Enormous Find for Lucara: A 1,094ct. Rough

Diamond is sixth over 1,000 carats from Karowe mine, and second in last month.

Gem Diamonds Continues Large-Stone Streak with 126ct. Rough 

Most recent find marks miner’s 12th stone over 100 carats so far this year.

Alrosa Digs Up 263ct. Rough from Mayat Mine

Stone is second-largest gem-quality diamond found in Russia in the past 10 years.

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