Rough Diamond News

  • Alrosa Announces Plans to Increase Production
    on 9 April 2026 at 10:00 am

    Alrosa says it plans to expand diamond production through Severalmaz, the subsidiary that accounts for around 10% of its output. The sanctioned Russian miner says Severalmaz's production for 2024 and 2025 at its Lomonosov deposit remained constant, at ...

  • "1,500 New Offices to Open at Surat Bourse"
    on 7 April 2026 at 9:00 am

    Surat's near-empty diamond bourse is set for influx of traders, according to an official for the state government of Gujurat. Surat Diamond Bourse (SDB) - officially the world's largest office complex - was opened by India's Prime Minister Narendra ...

  • Huge Blue Diamond Helps Drive Surge in Petra Sales
    on 5 April 2026 at 9:00 am

    Petra reported a 64% surge in sales for Q3 2026, driven largely by larger, higher‑value parcels from its Cullinan mine, in South Africa, and by the sale of a 41.82 carat Type IIb blue diamond (pictured) that was recovered there last December....

  • Botswana Pushes for End to US Tariffs
    on 5 April 2026 at 8:00 am

    Botswana says it is determined to secure an end to US tariffs on its diamonds and other exports. Bogolo Kenewendo (pictured), the country's minerals and energy minister, says such a move is critical to restoring the country's competitive edge...

  • Mountain Province Losses Hit $200m
    on 3 April 2026 at 11:00 am

    Mountain Province Diamonds posted a net loss of CAD 279.5 million (USD 200.2 million) for FY 2025 - the result, it said, of a significant deterioration in market conditions, compounded by the planned processing of lower-grade stockpiles...

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