Debswana diamond sales down 25.1% in 2023 on weak demand
Debswana Diamond Company’s sales of rough diamonds fell 25.1% in 2023, data released by Botswana’s central bank late on Thursday showed, as an economic slowdown hit demand for luxury items in the U.S. and China and competition from lab-grown gems increased.
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Botswana’s Debswana diamond sales jump 73% in first nine months of 2021
Mining News Pro - Sales of rough diamonds by Debswana Diamond Company jumped 73% in the first nine months of 2021, statistics released by the Bank of Botswana showed on Tuesday, driven by the reopening of U.S. and China’s consumer markets.
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Visit: 1029
Diamond sales at De Beers' Botswana unit rebound as global market recovers
Mining News Pro - De Beers' Botswana unit saw sales of rough diamonds rebound by 41% in the first half of 2021, driven by the reopening of key markets the United States and China, data from the Bank of Botswana showed on Thursday.
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De Beers` third diamond sales cycle nets $440m
Mining News Pro - Diversified miner Anglo American’s diamond mining business De Beers’ third sales cycle of rough diamonds for this year generated $440-million.
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ALROSA’s diamond sales drop 16% in 2020
Mining News Pro - ALROSA’s sales of rough and polished diamonds totaled $2.8 million in 2020, including $2.65 million of rough diamond sales and $150 million of polished, a 16% drop compared to 2019 ($3.338 billion).
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Lucapa banks $9 million from Lulo diamond sale
Mining News Pro - Lucapa Diamond Company has sold 4269 carats of diamonds from the Lulo alluvial mine in Angola.
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De Beers records $467m worth of rough diamond sales in eight sales cycle
Mining News Pro - Diversified miner Anglo American reports that its diamond mining subsidiary, the De Beers Group, recorded $467-million worth of provisional rough diamond sales, both through global sightholder sales and auctions, during the eight sales cycle of the year.
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Lucapa banks $US5.6m in Lulo diamond sales
Mining News Pro - Lucapa Diamond Company has scored $US5.6 million ($7.9 million) in sales from its latest offering of diamonds from the Lulo mine in Angola, Africa.
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Alrosa ends some long-term deals as March diamond sales plunge
Mining News Pro - Alrosa, Russia’s largest diamond producer, ended some long-term deals with customers as sales in March collapsed to half the level of a year ago because of the coronavirus pandemic.
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De Beers cancels third rough diamond sales cycle
Mining News Pro - Owing to public health restrictions on the movement of people and products in Botswana, South Africa and India, diamond miner De Beers will not hold its third rough diamond sales cycle of this year.
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Visit: 705
Alrosa steps up efforts to brighten fluorescent diamond sales
Mining News Pro - Russia’s Alrosa, the world’s top diamond miner by volume, is betting on a new strategy to boost its sales amid an industry-wide slowdown that has hit small companies the hardest.
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Visit: 1235
Botswana seeks new De Beers diamond sales deal by end of April
Mining News Pro - Botswana plans to conclude negotiations with De Beers on a diamond sales agreement by the end of April to replace the current ten-year deal that expires in January.
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Visit: 720
Botswana seeks new De Beers diamond sales deal by end of April
Mining News Pro - Botswana plans to conclude negotiations with De Beers on a diamond sales agreement by the end of April to replace the current ten-year deal that expires in January.
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Visit: 827
De Beers diamond sales jump after terrible year for gems
Mining News Pro - De Beers sold the most diamonds since April in a sign the industry is starting to recover from a slump in demand last year, though the market will require more evidence of a sustained rebound.
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Visit: 827
Carnegie Institution seeks cut of rising lab-grown diamond sales
Mining News Pro - The Carnegie Institution of Washington, which has been doing scientific research for more than a century, filed lawsuits in New York alleging its patents for growing diamonds in a lab are being infringed by some top makers of such gem stones.
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De Beers final diamond sale of the year gives some hope to depressed market
Mining News Pro - Anglo American’s De Beers, the world’s No.1 diamond miner by value, said on Wednesday that its last roughs sale of the year fetched $425 million, a slight improvement from the $400 million it obtained in the previous tender, but still over the year a whopping $1.4 billion less than in 2018.
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Visit: 638
Alrosa seeks to brighten up its fluorescent diamond sales
Mining News Pro - Russia’s Alrosa is talking to several global jewellery retailers about jointly marketing the miner’s jewellery brand that uses fluorescent diamonds, as it strives to create a new niche for the natural stones.
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Visit: 760
Alrosa’s February diamond sales up 23% over January
Mining News Pro - Alrosa the world`s top diamond producer by output, reported Thursday that total sales of rough and polished diamonds increased to $345.6 million, up 23% compared to January 2019 (up $64.1 million).
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ALROSA increases rough and polished diamond sales to $4.5B
Mining News Pro - ALROSA today announced its rough and polished diamond sales results for December and preliminary results for 2018.
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Visit: 840
Alrosa says total diamond sales up to $337.6m in Oct
Mining News Agency - Total diamond sales of Russian state-controlled diamond producer Alrosa was at $337.6-million in October, the company said in a statement on Thursday, up from $309.7-million in September.
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Visit: 1064