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
DE BEERS SELLS $520 OF ROUGH IN 4TH CYCLE
According to CEO Bruce Cleaver, demand for rough continues to be steady
Anglo American has announced the value of rough diamond sales for De Beers’ fourth sales cycle of 2017. According to the company, the miner sold rough amounting to $520 million.
Bruce Cleaver, CEO of De Beers, said: “We are continuing to see steady demand for rough diamonds, despite the industry entering a typically quieter season. Sentiment remains positive as we head towards the important Las Vegas trade show in early June”.
In the last cycle, De Beers sold rough diamonds worth $580 million. The miner sold $729 million during the first sales cycle, and $553 million during the second cycle of 2017.
More News
- Financial News
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
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