The international group says sales of polished diamonds below 0.50 carats are slow due to excess supply, weak Chinese demand and tight Indian liquidity.
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The 118.91-carat stone is the largest recovered at the site in the past two years.
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Underground extension of Aikhal will keep it in operations until 2044 and it’s estimated to cost about $16 million.
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The new deposit should compensate for the depleting stock of the Komsomolsky open-pit mine.
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During a 5-day experiment, the company extracted 239 diamonds larger than 8 carats.
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Russian diamond giant says decision to restore underground mine will be made before 2024, but construction could take up to eight years.
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Reserves, on the other hand, were estimated at 628 million carats.
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Rough diamonds sales in February increased to $340.6 million, compared to $278.2 million in January 2019.
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The rock, a unique transparent one with a visible yellow shade and of gem-quality, is the second major find since the launch of the Verkhne-Munskoye diamond deposit.
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The unusual gem found by Alrosa weighs 65.7 carats.
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