Archive

  • Petra Diamonds Soars with $8.2m Blue Diamond Sale

    22:01

    Petra Diamonds recently made headlines with the sale of an exceptional US$8.2 million blue diamond, propelling its fifth tender of FY 2024 to new heights. Despite selling fewer carats, Petra achieved higher prices, with an average of US$136 per carat on sales of 362,000 carats, totaling US$49 million.

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    Rough Market

  • 3 Diamonds Fetch $10.5 Million at Lucapa Tender

    22/04/2024 11:28

    ASX-listed Lucapa Diamond Company announced that three exceptional diamonds achieved US$10.5 million at the first tender of Lulo diamonds for 2024.

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    Rough Market

  • Rough Diamond Prices Expected to Hold in FY2024

    09/12/2022 09:38

    Rough diamond prices are likely to remain firm in FY2024 as no major ramp-up in mining output (of rough diamonds) is expected over the next two years. This, coupled with recessionary pressures, shall continue to exert pressure on the revenues and profit margins of Indian cut and polished diamond (CPD) entities in FY2024, according to credit rating agency ICRA.

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    Rough Market