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India’s polished-diamond exports rose 3% year on year to $1.77 billion in December as the market continued to strengthen during the climax of the holiday season. Rough imports also surged, according to recent data from India’s Gem & Jewellery Export Promotion Council (GJEPC). The increase reflected restocking at manufacturers following the Diwali shutdown and the […]

Libya’s lifeline oil and gas exports raised revenues of more than $21.5 billion in 2021, the highest level in five years, the National Oil Corporation announced on Saturday. Total net revenues for oil and gas exports last year amounted to $21.5 billion as well as 30 million euros in non-dollar sales, the state-run NOC said […]

ALROSA has reported that its sales of rough and polished diamonds in 2021 totalled $4.169 billion. This total is comprised of proceeds from rough diamond sales of $3.977 billion, and polished diamond sales of $192 million. December 2021 rough and polished diamond sales accounted for $254 million – including $241 million of rough diamond sales […]

The Indian diamond industry has repeated its calls for a reduction in import taxes on polished, saying this would help the country compete with other global trading hubs. The Gem & Jewellery Export Promotion Council (GJEPC) has urged the Indian government to lower the duties to 2.5% from the current level of 7.5%, the trade […]

Petra Diamonds’ revenue jumped in the first fiscal half as rough prices rose and the company sold a number of large and colored stones. Sales climbed 49% year on year to $264.7 million for the six months ending December 31, the company said Tuesday. The growth came even as sales volume fell to 1.6 million […]

Canada-based bullion miner B2Gold has achieved its thirteenth consecutive year of record gold production, with output of 1.05-million ounces in 2021. The Toronto-listed company’s consolidated gold production from its three operating mines, of 987 595 oz, was near the top end of its revised guidance range of between 965 000 oz and 995 000 oz […]