Petra’s Sales Slide Amid Large-Stone Scarcity

Revenue down 44% for full fiscal year.

A Rough Overhaul: Russia, Botswana, and Excess Supply

Newly published Kimberley Process numbers give fresh insights into current market developments.

De Beers Reduces Prices at Second Consecutive Sight

Cuts of up to 15% reflect weak US demand for larger, lower-quality diamonds.

Lulo Mine Yields 181ct. Rough Diamond

Stone is third largest ever recovered from deposit and 37th over 100 carats.

Russia’s Rough Exports Fell – but Didn’t Collapse – in 2022

Sanctions by US and other G7 nations lead to 24% decline year on year.

De Beers, Botswana Poised to Partner on High-Value Diamonds

New agreement calls for opportunities to coinvest in exceptional stones.

Gem Diamonds Recovers 164ct. Yellow Diamond

Stone is second over 100 carats from Letšeng this year.

New De Beers Deal: Botswana to Keep More Diamonds

Okavango to receive up to 50% of Debswana production.

De Beers Sales Slide as Slow Trading Continues

Proceeds fell 32% year on year at June cycle.

De Beers Lowers Prices as Weak Demand Continues

Miner also extends flexibility in certain slow categories at June sight.

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