Alrosa Halts Sales as Diamond Glut Persists

Miner calls for “reciprocal effort” to tackle imbalance of supply and demand.

Petra Diamonds Slides to Loss in ‘Subdued’ Market

Miner gives downbeat outlook following weak demand in past fiscal year.

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

New agreement calls for opportunities to coinvest in exceptional stones.

New De Beers Deal: Botswana to Keep More Diamonds

Okavango to receive up to 50% of Debswana production.

De Beers’ Price Hike Exposes Profitability Concerns

Manufacturers are split on whether small diamonds deserved such a sharp increase.

De Beers Lifts Prices of Its Smallest Rough Diamonds

Stones that produce melee see second consecutive hike.

Sales Decline at De Beers’ First Sight of 2023

Miner garners $450 million in January cycle.

DTC Botswana Eyes New Sources of Rough

Strategic overhaul would enable De Beers-government joint venture to process diamonds other than Debswana’s.

De Beers to Offer More Rough to African Factories

Sightholders expect greater allocation of smaller diamonds to Botswana units.

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