May 17, 2018

ALROSA representative elected as RJC Vice Chair

On May 17, Peter Karakchiev, ALROSA's Head of International Relations, was elected as RJC's Vice Chairman at its 2018 annual general meeting held in Moscow.

May 17, 2018

Global consumer demand for diamond jewellery hits new record high of US$82 billion

An increase in self-purchase of diamond jewellery helped drive demand, representing 33% of total US diamond jewellery pieces acquired in 2017.

May 16, 2018

Young Australians oblivious to mining

Despite mining contributing about 6 per cent of the country's GDP, a study revealed that almost six out of 10 of young Australians know nothing at all about mining careers.

May 16, 2018

Russia’s Alrosa sees rosy prospects from colourful diamonds

The global market for polished coloured diamonds is now dominated by Rio Tinto and Anglo American's De Beers. But state-controlled Alrosa aims to compete.

May 15, 2018

Historic blue diamond auction exceeds expectations — sold for $6.7 million

The Farnese Blue diamond, which was passed down through European royal families for about 300 years, sold Tuesday for $1.4 million more than the maximum figure experts estimated it would…

May 15, 2018

Rio Tinto says climbing costs, resource nationalism once again big threats

Chief executive Jean Sebastien-Jacques said the challenge for the industry is to ensure the benefits from the past frugal years are not lost against a backdrop of rising oil prices and…

May 15, 2018

Mountain Province hires former De Beers financial chief as president and CEO

Stuart Brown has over 25 years of experience in the diamond industry and is the outgoing Firestone Diamonds chief executive officer.

May 14, 2018

Alrosa steps up diamond marketing as miner eyes more cutting

Alrosa has traditionally focused on rough-diamond mining but is gradually changing its business after Sergey Ivanov became CEO a year ago.

May 10, 2018

ALROSA sells rough and polished diamonds worth USD 405.3 million in April

ALROSA Group, the world leader in diamond production, announces diamond sales results for April and four months of 2018.

May 10, 2018

De Beers tracks first 100 diamonds through supply chain using blockchain

The world’s largest rough diamond producer by value will launch the tracking platform later this year, making it available to the whole industry.