Anglo American has announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ second sales cycle of 2024, amounting to US$430 million. The provisional rough diamond sales figure quoted for Cycle 2 represents the expected sales value for the period and remains subject to adjustment based on final completed sales. … Read more
Firestone Diamonds is in the process of selling the largest diamond ever recovered from its Liqhobong mine, in Lesotho. The 215 carat stone is being put to a competitive bidding tender process, with viewings in Antwerp and Dubai. “This sale represents another milestone in our ongoing efforts to deliver value to stakeholders,” said Firestone in … Read more
Lucapa Diamonds recovers two diamonds of over 100 ct
US to Require Self-Certification for Russian Diamond Ban
Alrosa’s revenue rose in 2023 as the Russian diamond miner continued to sell despite sanctions.
Russia diamond producer Alrosa
The US Treasury has imposed sanctions against nearly 300 Russian entities in its latest round, including a company specializing in the export of rough and polished diamonds. The new series of restrictions the Office of Foreign Assets Control (OFAC) has applied marks the two-year anniversary of Russia’s invasion of Ukraine, and is also in response … Read more
Lucara unveils diamond recoveries from Botswana mine
Lucara Diamond has revived a gem sales agreement with polishing and trading company HB Antwerp, it said on Monday, five months after severing ties with the Belgian business. Canadian miner Lucara said it will supply HB Antwerp with rough diamonds of 10.8 carats and above for 10 years from last December. Lucara had terminated its … Read more
Gem Diamonds Limited (LSE: GEMD) is pleased to announce the recovery of a high quality 113 carat white Type II diamond, recovered at the Letšeng mine in Lesotho on 17 February 2024. A piece of white rock next to a magnifying glass Description automatically generated Together with the 295 carat high quality Type II white … Read more