April 10, 2020 Alrosa reports 60% sales drop as coronavirus hits trade The diamond trade traditionally involves a lot of travelling.
April 9, 2020 Petra in talks for more credit as pandemic takes shine off diamonds The company is in talks with its lenders to access $54.95 million in credit.
April 9, 2020 Alrosa implements guidance to avoid conflict diamonds To guarantee compliance, the company launched an internal diamond supply chain management system.
April 9, 2020 Russia slams Trump’s order to spur mining on the moon Space agency Roscosmos has likened the Presidential order to colonialism.
April 2, 2020 De Beers CFO to leave by end of July Nimesh Patel will join Spirax-Sarco Engineering as their new chief financial officer.
April 1, 2020 Covid-19 robs diamond sector of recovery hopes The coronavirus pandemic has squashed diamond miners’ dawning hopes of a recovery in the beleaguered sector.
March 31, 2020 Petra Diamonds founder steps down Adonis Pouroulis was the company’s founder and chairman for 23 years.
March 30, 2020 De Beers scraps diamond sales event The coronavirus lockdowns have made it impossible for buyers to attend.
March 28, 2020 Namibia suspends mining operations as coronavirus lockdown takes effect On Saturday, the country entered its first day of a partial lockdown as a response to the COVID-19 pandemic.
March 27, 2020 Petra Diamonds halts 2020 production target Facing a 21-day lockdown due to covid-19, the miner withdrew its full year production outlook of 3.8 million carats.
How investors buy gold and what fuels the market Large buyers and institutional investors usually buy gold from big banks. January 12, 2026 | 10:41 am
