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Category: Rough

Rough diamonds from Angola image

Angola Produces Record 12M Cts. of Rough This Year 

Government also working on creating diamond exchange and manufacturing center.
Antwerp diamond district image

Choron Acquires AMC in Major Antwerp Diamond Deal

Takeover will go into effect on January 1, 2025.
Rough diamonds from Alrosa image

Alrosa Production Drops Nearly 5% in 2024 

Russian miner reduced output to 33 million carats amid sanctions, waning demand for rough, and low prices.
2,488-carat rough and the 1,094-carat diamond from Lucara images

Lucara Names 2,488ct. and 1,094ct. Rough Diamonds 

Larger stone is called Motswedi, Setswana for a water spring that gives life, while the other is Seriti, which means aura or presence.
Rough-diamond sorting image

Some Sightholders Lose Supply as De Beers Reduces Allocations

Around 10 customers will miss out on consistent goods in 2025, sources say.
Rough-diamond sorting at DTC Botswana image

Sightholders Dither on De Beers Rough Despite Price Cut 

Customers faced a dilemma: Buy unprofitable goods or lose future allocations.
RMC video De Beers, Prices and Polished

De Beers’ Strategy Under the Spotlight

What’s next for the sightholder system?
Rough diamonds on display image

Alrosa Follows De Beers with 10% Cut to Diamond Prices

Market expects Russian miner’s rough sales to remain muted.
Packets of rough diamonds image

De Beers Releases 2025 Sight Dates

Miner will hold 10 sales during the year.
Rough-diamond sorting image

De Beers Cuts Prices of Rough Diamonds

Decrease of 10% to 15% is not enough to generate profitability, sightholders argue.

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