After almost a decade of production stagnation around 130 Mct, Kimberley Process 2017 diamond annual production data show a marked production jump for diamonds. Production of rough diamonds rose from 134 Mct and US$12,4 bn (2016) to 151 Mct and US$15,9 bn (2017), an apparent return to pre-2008 levels (not there yet, but getting closer) … Continue reading A first (rough) look into 2017 diamond production
One decade of ups and downs in rough and cut diamonds
The last two decades have been a carrousel of emotions in the mining industry: Oil and gold prices had steadily been growing since 2001. Oil spiked to maximum historical values in 2008 (and then crashed, to climb again for 3 consecutive years, plateau for 4 years, until mid 2014, crashing again, reaching nominal values of … Continue reading One decade of ups and downs in rough and cut diamonds
+10 M USD: Williamson kimberlite pink diamond sold
Petra Diamonds Limited sold the exceptional 23.16 carat pink diamond recovered from the Williamson mine in Tanzania in November into a partnership, with Petra receiving US$10,050,000 (US$433,938 per carat) for the rough stone, as well as retaining a 20% interest in the sales proceeds of the polished. The diamond was bought by Golden Yellow Diamonds on … Continue reading +10 M USD: Williamson kimberlite pink diamond sold
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