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Diamonds 2016: A year in review (with a quiz)

Last year was an eventful one for the diamond industry: From the largest producers coordinating supply cuts and the manufactures to returning to profitability, to the second-largest gem-diamond ever recovered going to auction and more. Here's a quiz to test your knowledge.

Paul Zimnisky | January 3, 2017 | 7:00 am

Alrosa 2017 sales fall to $4.3bn on lower average price for rough diamonds

Rough diamond prices higher in 2016 as production cuts and restocking flip supply/demand

In 2016, the diamond industry has been marked by the follow-through of actions taken by De Beers, ALROSA and Rio Tinto to curtail global supply.

Paul Zimnisky | December 15, 2016 | 5:29 am

Diamond production down, sales volume up

According to the Zimnisky Global Rough Diamond Price Index, rough diamond prices have climbed 8.9% in the last 3 months.

Paul Zimnisky | August 9, 2016 | 8:00 am

Dominion Diamond stock apathetic amid significant production ramp

This was supposed to be a key year for Dominion, especially with the commencement of mining at the company’s rich Misery Main pipe at its Ekati mine.

Paul Zimnisky | July 20, 2016 | 10:00 am

The state of the global diamond industry going into summer 2016

Current industry data and commentary paints a mixed picture as to whether market fundamentals are stable enough to support growth.

Paul Zimnisky | May 5, 2016 | 10:23 am

Despite De Beers and Rio’s efforts, global diamond output to jump 1.3% this year

The miners concerted effort to limit global diamond supply is forecast to be offset by stable Russian production, new mines, and production increases by Dominion Diamond and Petra Diamonds.

Paul Zimnisky | February 1, 2016 | 12:05 am

Supply/demand balance in diamonds could be reached by mid-2016

Despite the fact that the diamond industry is heavily concentrated, and still possesses tones congruent with its relatively recently removed history of being a monopoly, end-consumer demand is still what ultimately drives the health of the industry longer-term.

Paul Zimnisky | December 11, 2015 | 12:29 am