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Lights still out in many diamond units as exports dim
10 Dec 2024 18:43 GMT
… and avoid purchasing assets, including diamonds, Shah said, adding: … to stay afloat, natural diamond miner De Beers has … rough diamond prices by 10-15%. Russian diamond miner Alrosa too … with the existing polished diamond prices," said Jignesh …
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De Beers focuses on lab-grown diamonds to polish its IPO appeal
09 Dec 2024 10:17 GMT
… producers of lab-grown diamonds. Growing diamonds in labs removes the … end product.”
Nevertheless, industrial diamonds have also felt the … ’s future complicated by diamond downturn
As Anglo American … Alrosa for the title of the world’s largest diamond …
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Alrosa Follows De Beers with 10% Cut to Diamond Prices
04 Dec 2024 10:17 GMT
Alrosa has reduced prices of rough diamonds at this … reduction in inventories.
Alrosa immediately responded with its … said one manufacturing executive.
Alrosa anticipated this ongoing weak … of 2024.
Image: Rough diamonds. (Alrosa)
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Diamond giants Botswana and Angola agree to push Russia out of market
04 Dec 2024 01:03 GMT
… countries.
To ensure Russian diamonds are excluded from Western … Russian diamond interests. Previously, Russia’s state-owned Alrosa held … venture with Angola’s diamond company. However, Angola … in the international diamond market.
The diamond industries of both …
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Angola Replaces Alrosa with Oman in Diamond-Mining Operations
01 Dec 2024 12:47 GMT
Angola has sidelined Alrosa from all its diamond-mining interests in … “Sanctions on the Russian diamond industry created difficulties for … the Angolan diamond industry and for the … : A rough diamond from the Catoca mine. (Alrosa)
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Sanctioned Russia Sells Shares in Angolan Diamond Mines
29 Nov 2024 16:26 GMT
… in two of its major diamond mines have been sold to … said.
Russia's diamond giant Alrosa was until now a joint … part of a ban on diamond imports over the Ukraine war … on the commercialization" of diamonds from Catcoa and Luele mines …
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Omani firm replaces sanctions-hit Alrosa in Angolan diamond miner
29 Nov 2024 03:08 GMT
… sanctions-hit Alrosa in Angola's state-controlled diamond miner Catoca … -controlled Alrosa, the world's largest producer of rough diamonds by … sanctions-hit Alrosa as a shareholder in the Angolan diamond miner was …
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Alrosa to Reduce Production and Staff Amid Market Challenges
24 Nov 2024 11:36 GMT
Russian diamond miner Alrosa will cut its … KP participants and their national diamond industries,” he noted. “ … participants in the global diamond trade are well aware … neocolonial practices.”
Image: Rough diamonds. (Alrosa)
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Alrosa plans to scale back production and trim headcount
22 Nov 2024 11:46 GMT
… , including Alrosa.
Marinychev highlighted that for the second consecutive year, diamond prices … have been in decline.
The crisis facing Alrosa is … occasionally stepped in to purchase diamonds from Alrosa via a state fund …
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Russia to continue buying diamonds through state fund in 2025
21 Nov 2024 12:06 GMT
… Russia will continue to buy diamonds through a state fund … in order to support the diamond industry and market, Deputy … "stable global rough diamond prices in the wake of … Gokhran resumed buying diamonds from Alrosa in March 2024. Alrosa, under US and …