News

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 […]

In an unlikely location just under 600 miles east of Luanda, Angola is laying the foundations for its burgeoning diamond trade. By Western standards, Saurimo is a small town with a relatively quiet and laid-back atmosphere. Its quaint, somewhat undeveloped central district has a landmark church tower and colorful buildings that are a testament to […]

De Beers made hefty price increases at its first sight of the year as diamond manufacturers restocked following a strong holiday season. Smaller rough saw the sharpest hikes of up to 15%, market insiders told Rapaport News Monday. Larger stones — producing polished above 0.30 carats — also went up in many categories, with the […]