Diamond prices are spiking and even De Beers can’t fill the gap
Mining News Pro - Prices are surging in some corners of the rough-diamond market, as sanctions on one of the world’s two giant miners ripple through the supply chain. In the past, the industry could turn to behemoth De Beers to crank out extra gems when supply ran tight — but not this time.
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Visit: 919
Diamond prices are spiking and even De Beers can’t fill the gap
Mining News Pro - Prices are surging in some corners of the rough-diamond market, as sanctions on one of the world’s two giant miners ripple through the supply chain. In the past, the industry could turn to behemoth De Beers to crank out extra gems when supply ran tight — but not this time.
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Visit: 502
De Beers hikes diamond prices again as revival keeps going
Mining News Pro - De Beers lifted diamond prices at its third consecutive sale as an industrywide recovery from the coronavirus pandemic gathers pace.
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Visit: 593
Petra sees diamond prices starting to normalise, maintains guidance suspension
Mining News Pro - Petra Diamonds has advised that its production guidance for the 2021 financial year remains suspended owing to the uncertain impact of the ongoing Covid-19 pandemic.
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Visit: 740
De Beers cuts diamond prices after Covid-19 curbs demand
Mining News Pro - De Beers has finally decided to cut the price of its diamonds in a bid to spark sales after the coronavirus pandemic paralyzed the industry.
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Visit: 634
Low Diamond Prices: Lucara First-Quarter Loss
Mining News Pro - Lucara Diamond Corporation has posted a net loss of $3.2-million, or $0.01 a share, for the quarter ended March 31.
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Visit: 663
De Beers cuts diamond prices by about 5% as industry crisis deepens
Mining News Pro - De Beers is taking more drastic steps to stem the crisis in the diamond industry by cutting prices across the board for the first time in years.
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Visit: 647
Uncertainty in Asia pushing diamond prices down
Mining News Pro - Rapaport has published a report stating that the escalation of the US-China trade war, the protests in Hong Kong, and the depreciation of the yuan, paired with dealers taking their summer vacations, greatly impacted the diamond market in August.
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Visit: 796
Polished diamond prices drop in April
Mining News Pro - A report published by Rapaport this week reveals that polished-diamond prices declined in April with 1- carat diamonds sliding 1% year-to-date and 3-carat diamonds falling by 6.1% year-to-date.
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Visit: 843