De Beers agrees to give Botswana more rough diamonds in new sales pact
Mining News Pro - Botswana and De Beers Group have agreed to a new diamond sales deal in which the African country, the world’s No. 1 diamond producer by value, gradually increases the share of rough stones it gets from their joint venture Debswana over the next decade to 50%, the government and the mining company said on Saturday.
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Diamcor sells $744k worth of rough diamonds in July
Mining News Pro - Diamcor Mining sold 2 989 ct of rough diamonds in July, marking a good start to its financial year.
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De Beers’ second-quarter rough diamond production up 134%
Mining News Pro - Diamond miner De Beers’ rough diamond production increased by 134% year-on-year to 8.2-million carats during the second quarter, which the miner says reflects “planned higher production” to meet stronger demand for rough diamonds.
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Visit: 825
Diamcor notes rise in rough diamond demand
Mining News Pro - Diamcor Mining reports that 2 028.33 ct of rough diamonds recovered from the processing of quarry material at its Krone-Endora at Venetia mine, in South Africa, were tendered and sold during the company’s second tender and sale of rough diamonds in Dubai during the first week of February.
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De Beers reports steady demand for rough diamonds in tenth sales cycle
Mining News Pro - Diamond miner De Beers CEO Bruce Cleaver says positive consumer demand for diamond jewellery is supporting the continuation of retail orders for polished diamonds from the diamond industry’s midstream sector.
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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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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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De Beers sells $490m of rough diamonds in cycle two
Mining News Pro - Diamond miner De Beers on Tuesday reported that the value of its rough diamond sales for cycle two of the year was $490-million, compared with $500-million in cycle one and $563-million in cycle two of 2018.
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De Beers sells $575m of rough diamonds in latest sales cycle
Mining News - De Beers sold $575-million worth of rough diamonds in the fifth sales cycle of this year.
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Visit: 1352
20% increase in rough diamond revenue despite waning consumer demand
Mining News Agency - A recently released annual report by the Antwerp World Diamond Centre (AWDC) and Bain & Company revealed that diamond producers experienced a 20% revenue increase in 2016 from the year prior.
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Visit: 1027