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De Beers Q2 Production +36% To 8.7M Carats; H1 +21% To 16.1M Carats

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De Beers reported that in a year-on-year comparison, Diamond production increased 36 per cent in the second quarter of this year to 8.7 million carats. The increase is in line ...

ALROSA Recovers 75-Carat & 110-Carat Rough Diamonds In Yakutia

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Russian state-controlled Diamond miner ALROSA said it had recovered two large rough diamonds — a 75-carat stone on July 16 at its Aikhal mine and a 110-carat one on July 18 ...

Argyle H1 Rough Diamond Output Drops While Diavik Rises

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Rio Tinto reported a production of 3.2 million carats from its Argyle mine in Australia for the second quarter of this year. This is an eight percent drop from the second quarter production in 2016. The share of production from the Diavik mine in Canada, in which Rio Tinto holds a 60 percent ...

India Will Become Second Largest Market For Forevermark This Year

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India is expected to elbow the US aside this year to become the second largest market after China for De Beers brand Forevermark, according to the brand’s chief executive Stephen Lussier. Currently, China accounts for 50 per cent of sales, with the US and India accounting for 15 percent ...

Virginia Drosos Appointed Signet CEO As Mark Light Departs

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Signet Jewelers Limited, which has recently been dogged by controversy over sexual harassment discrimination accusations by employees of its Sterling Jewelers brand, announced ...
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