Financial News
Petra Sells 299-Carat Diamond for More than $12 Million
The Type 11a white diamond achieved a price of $40,701 per carat
10.03.2021
Alrosa’s Sales Keep Growing in November as Demand Remains “Strong”
Alrosa’s sales were up more than a third when compared to November 2019
Russian mining giant Alrosa has published its sales of rough and polished diamonds for November, raking in $390.5 million – up more than a third when compared to November 2019, IDEX Online reports.
According to Alrosa’s press release, November’s rough diamond sales totaled $374.1 million while polished diamond sales totaled $16.4 million. For the first 11 months of 2020, January to November, Alrosa has sold a total of $2.28 billion worth of rough and polished diamonds.
Evgeny Agureev, Deputy CEO of Alrosa, commented on the results: “Demand for rough diamonds from our key clients in November remained strong enough as they bring their stocks to the normal levels amid the seasonal growth in demand for diamond jewellery in the USA and China. “High season” of Christmas and New Year sales traditionally supports the market towards the end of the year”.
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Bouncing Back: India’s Polished Exports Way Up in January 2021
India’s cut and polished diamond export increased 9.44% in January24.02.2021 - Financial News
Alrosa Rakes in $430 Million in January as “Demand Improves”
Alrosa: “January sales demonstrate an improving demand for jewelry at key consumer markets”15.02.2021 - Financial News
De Beers’s Sight 1 Rakes In Highest Figure in Three Years
De Beers sold $650 million worth of rough diamonds at its first sale of the year08.02.2021 - Financial News
COVID Brings LVMH’ Sales Down, Jeweler Unveils Ambitious Plans for Tiffany
LVMH seeks to expand Tiffany's high-end jewellery collections04.02.2021 - Financial News
Alrosa’s Sales Up in December, Predicts “Stable Demand” in Q1 2021
In 2020, Alrosa raked in $2.802 billion in rough and polished sales18.01.2021
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DE BEERS SELLS $520 OF ROUGH IN 4TH CYCLE
According to CEO Bruce Cleaver, demand for rough continues to be steady17.05.2017 - Financial News
FANCY PINK DIAMOND SHATTERS AUCTION RECORD AT BONHAMS
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ALROSA’S NINE MONTHS PROFIT SLASHED BY ALMOST HALF
The slash in profits is due to an appreciation of the ruble and a decrease in diamond prices19.11.2017