Rough Diamond News

  • Burgundy Production Halves as it Halts Open-Pit Mining
    on 6 November 2025 at 6:00 am

    Burgundy Diamond Mines reported a steep decline in the number of carats recovered and sold during Q3 as it battled a challenging market and the impact of US tariffs. Production for the quarter was down 51 per cent year-on-year to 610,000 carats,...

  • Alrosa Sales Dip, but Catoca Sale Boosts Profit
    on 6 November 2025 at 5:00 am

    Alrosa reported a 5.7 per cent dip in revenue for the first nine months of 2025, down to RUB 157 bn (USD 419m). The Russian state-controlled diamond mining company, continues to face headwinds from reduced sales volumes and lower price levels....

  • Gem Diamonds Reports Modest Q3 Rebound
    on 5 November 2025 at 8:00 am

    Loss-making Gem Diamonds reported an increase in revenue and per-carat prices for Q3, compared to the previous quarter, but both figures are still well below those of Q3 2024. The UK-based miner reported an attributable loss of $11.7m for the first half of ...

  • Angola Diamond Revenue Drops, Despite Doubling Export Volume
    on 4 November 2025 at 6:00 am

    Angola more than doubled the volume of diamonds exported in the first nine months of 2025 - but saw revenue fall by 14 per cent as prices globally kept on collapsing. Production from January to September was 10.7m carats, the government said ...

  • CIBJO's Definitive Blue List Almost Ready
    on 1 November 2025 at 12:00 am

    The Blue List, a definitive glossary of terms being prepared by the World Jewellery Confederation (CIBJO) should now be released during the first quarter of 2026. Work on the project started in 2019, delegates at the CIBJO Congress, in Paris, were told ...

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