Financial News
ALROSA RAKES IN $11 MILLION FROM ROUGH AUCTION IN NEW YORK
Alrosa said that the auction brought “the best result of the last few months”
26.11.2019
DE BEERS OFFERS CUSTOMERS FLEXIBILITY AS SALES SLIP IN 8TH CYCLE
De Beers’ 8th sales cycle of 2019 amounted to $295 million - a 39% drop year over year
Anglo American has announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for De Beers’ 8th sales cycle of 2019, amounting to $295 million.
In the corresponding 8th cycle of 2018, De Beers’ diamond sales amounted to $482 million, which means a 39% drop year-on-year in sales figures. In the 7th cycle of 2019, De Beers’ diamond sales totaled $287 million.
Bruce Cleaver, CEO, De Beers Group, said: “As we approach what is traditionally a quieter time of year for the diamond industry during the Diwali holiday, we have again offered our customers flexibility during this sales cycle”.
More News
- Financial News
DIAMCOR GOES FROM LOSS TO PROFIT IN 2ND FISCAL QUARTER
Diamcor sold 3882.82 carats of rough diamonds during the period25.11.2019 - Financial News
DE BEERS’ SALES GO WAY UP IN 9TH CYCLE OF THE YEAR
De Beers sold $390 million this time around18.11.2019 - Financial News
ALROSA’S Q3 REVENUE DROPS, OPTIMISTIC ABOUT SUPPLY-DEMAND BALANCE
Year-over-year, revenue dropped 35% while sales dropped 5%13.11.2019 - Financial News
“SUBDUED” MARKET HURTS FIRESTONE’S DIAMONDS SALES
Firestone sold 168,612 carats for $10.6 million - an average of $63 per carat29.10.2019 - Financial News
PETRA PRODUCES MORE BUT SELLS LESS DIAMONDS IN Q1 FY2020
Revenue was down 23% quarter-on-quarter to $61.6 million28.10.2019
Most Popular
- Financial News
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
A fancy pink diamond weighing 5.03 carats raked in in $583,551 per carat30.09.2018 - Financial News
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