China: falling demand puts pressure on the diamond industry
Giants De Beers and Alrosa have seen their sales of rough diamonds plummet since the outbreak of the coronavirus epidemic in China.
Giants De Beers and Alrosa have seen their sales of rough diamonds plummet since the outbreak of the coronavirus epidemic in China.
Image: Matrioshka diamond – Alrosa A hollow diamond with a second diamond in its core has been extracted from the Nakyn deposit
De Beers’ half-yearly revenues highlighted the many challenges facing the diamond trade and the rough market. But in addition to the sharp
Global diamond jewelry sales grew 4% to $ 85.9 billion in 2018, despite a weaker second half, according to market research, says
ALROSA, the world leader in diamond production, announces the results of its rough and polished sales for December and its preliminary results for
Reading the press reports of this month (July 2018) reveals a trend, especially that of the current strength of the diamond market. We
Alrosa has unearthed a rough diamond bearing an uncanny resemblance to a soccer ball, and with flawless timing: bang in the middle
Alrosa is considering implementing blockchain or other technology ideas for its rough and polished stones to address challenges with conflict diamonds and
Alrosa has recovered a 34.17-carat fancy vivid yellow rough diamond in northeastern Russia, the miner’s largest fancy-colored stone this year.
“Almazy Anabara”, a subsidiary of ALROSA, recovered a large pink rough diamond weighing 27.85 carats. This is a unique discovery: by far