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Zen Diamond, the internationally acclaimed fine jewellery brand, introduces The Soirée Collection — a bold and elegant line of contemporary...
The African Development Bank (AfDB) has approved a $304 million loan to support Botswana’s efforts to stabilise its public finances and implement key economic and governance...
Diamond manufacturers in Surat, India’s diamond polishing hub, have begun implementing summer shutdowns for the first time in years as demand for natural stones remains persistently...
Lucapa Diamond Company has entered voluntary administration and is now pursuing a dual-track process of recapitalization and potential sale. The company’s administrators, KordaMentha, will conduct an...
De Beers aims to open 100 Forevermark stores in India by 2030, as it taps into the world’s second biggest market for natural diamond jewelry after...
India’s natural diamond market is poised for a major leap, with De Beers Group CEO Al Cook projecting the market will double in value—from nearly $10...
Veteran Jewelry Executive and DEI Advocate to Succeed Terry Chandler, Will Lead DCA While Continuing Role at Jewelers of America
Dubai has traded more than 1.06 billion carats of rough and polished diamonds over the past five years, according to Ahmed Bin Sulayem, Chair of the...
Multiple industry sources report that De Beers has secretly offered rough diamond discounts of 10% to 20% to a select group of sightholders, a departure from...
De Beers CEO Al Cook says he’s confident the US will exempt diamonds from reciprocal tariffs.He told the FT they were of “no benefit”, given that...
In a keynote address at the opening of the Kimberley Process (KP) Intersessional meeting, Feriel Zerouki, President of the World Diamond Council (WDC), urged participants to...
Russia’s finance ministry is thinking about buying more rough diamonds from Alrosa, the country’s biggest diamond mining company. This comes after Alrosa’s sales dropped by 42%...
Citing steep price declines and shifting market dynamics, De Beers discontinues its lab-grown jewelry brand to focus on premium natural diamond offerings under its renewed “Origins...
Russian diamond mining giant Alrosa has unearthed the largest gem-quality diamond ever discovered in the country. The rare amber-coloured crystal weighs an impressive 468.30 carats and...
This Mother’s Day, express your love and gratitude with a promise that shines forever. A Divine Solitaires diamond is more than just a gift – it’s...
Lucapa Diamond Company delivered a strong financial performance in the first quarter of 2025, reporting a 36% year-on-year increase in revenue. The company earned $12.8 million...
Diamond prices rose sharply at the beginning of April in response to announcements of new U.S. import tariffs, and then stabilized later in the month when...
De Beers has conducted its first diamond auction in Botswana following the company’s strategic relocation from Singapore, aiming to streamline operations by consolidating its trading activities...
The World Diamond Council (WDC), representing the global natural diamond value chain, has raised concerns over proposed U.S. tariffs that could place the $117 billion American...
On the famous Indian festival, Akshaya Tritiya, a day considered auspicious for new beginnings and valuable purchases, Craftier, a premium lab-grown diamond brand with multiple flagship...
Botswana’s Vice President Ndaba Gaolathe has expressed strong confidence in the ongoing efforts to secure a buyer for De Beers, as Anglo American prepares to divest...
Tiffany & Co. today unveils Blue Book 2025: Sea of Wonder, an extraordinary high jewelry collection that celebrates the allure, motion and mystery of the oceans....
Changing buyer preferences and gold price trends spark growing demand for sustainable, design-led jewellery this Akshaya Tritiya. Festive jewellery shopping is evolving, and Akoirah by Augmont...
GJEPC participated in a high-level meeting chaired by Hon’ble Union Minister of Commerce & Industry, Shri Piyush Goyal, alongside Mr. Al Cook, CEO of De Beers...
The 10% additional tariff levied by the US, which accounts for nearly a third of Indian natural diamond exports, will exacerbate the impact on Indian diamantaires...
Florida-based luxury jeweler J.R. Dunn Jewelers has recently announced a collaboration with Tracr, a diamond traceability platform owned by De Beers, to introduce a new collection...
Rare Pink and White Diamond Pair Fetches $2.9M at High-Profile Auction
Government steps in with targeted financial measures to stabilize region’s largest industry amid falling prices and market uncertainty.
Market shows resilience despite U.S. tariff concerns, with vivid pink diamonds leading both gains and losses.
Rough Sales Plunge 44% to $520 Million; Canada and South Africa See Sharpest Production Cuts
G7 nations to attempt to curtail the flow of Russian diamonds into Western markets through sanctions are proving "ineffective," according to Alrosa, the state-controlled Russian mining...
The Young Diamantaires, a vibrant and rapidly growing collective of diamond and jewelry professionals, has officially transitioned into a formal industry association. Based in Dubai, the...
De Beers has unveiled its new flagship boutique in Dubai Mall, marking a significant expansion into the UAE in partnership with Chalhoub Group. Rooted in over...
Rio Tinto reported a significant 27% year-on-year increase in diamond production for Q1 2025, reaching 942,000 carats compared to 740,000 carats in Q1 2024. This growth...
The video Beyond Shining Illusions, released by the Kimberley Process Civil Society Coalition (KP CSC), offers a powerful and eye-opening look at the often hidden truths...
India’s polished diamond exports fell sharply by 16.8% in the fiscal year ending March 2025, totaling $13.29 billion, according to data released by the Gem and...
Christie’s is proud to present The Golconda Blue—the largest Fancy Vivid Blue Diamond ever to be offered at auction. Weighing an extraordinary 23.24 carats, this superb...
The Israel Diamond Exchange (IDE) has suspended its membership in the World Federation of Diamond Bourses (WFDB), citing dissatisfaction with the organisation’s conduct during the ongoing...
GJEPC hosted Lab-Grown Diamond (LGD) Buyer-Seller Meet (BSM) on 10th – 11th April 2025 at Surat Diamond Bourse (SDB), marking a significant milestone for India’s emerging...
In a welcome move for Belgium’s diamond industry, the European Council has officially decided not to impose import tariffs on polished diamonds originating from the United...
In a striking display of urgency and strategic maneuvering, Mumbai Customs cleared $319.9 million worth of cut and polished diamonds destined for the United States in...
As cricket fever sweeps the nation, India’s leading women cricket anchors are taking centre-stage from the pitch to the spotlight —accessorized with the brilliance of natural diamonds. De...
De Beers Resumes Auctions for Sightholders After One-Year Pause, Introducing Tender-Style Format
Signet Jewelers reports a revenue drop, while luxury brands like Richemont see growth, as jewelry preferences shift toward experiences and sustainability.
Swarovski, the renowned Austrian crystal manufacturer, has successfully returned to profitability after five years of financial struggles. The company reported a 6% revenue growth in 2024...
UAE-led resolution on conflict diamonds adopted at UNGA, with major milestones in Kimberley Process highlighted, including CAR export restrictions lifted.
Anglo American is reportedly exploring an Initial Public Offering (IPO) for its diamond mining subsidiary, De Beers, as a potential alternative to a direct sale. This...
S&P Global Ratings has revised Botswana’s economic outlook to negative from stable, citing external and fiscal pressures. The agency confirmed its ’BBB+/A-2’ long- and short-term sovereign...
Diamonds, particularly Solitaire diamonds, have long been revered as the ultimate symbol of life’s most significant moments. Like the milestones they represent, Solitaire diamonds are rare...
Orra, the renowned jewellery brand, has further strengthened its presence in the national capital region with the opening of its second store in Gurugram at Good...
De Beers Group, the world’s leading diamond company, will support diamond jewellery retailers in driving demand for natural diamond jewellery by showcasing a new gifting occasion...
The funding will help Firefly Diamonds increase its retail footprint across India and accelerate the development of new jewellery collections, as the lab-grown diamond market gains...
Event at Canada House Highlights the Ethical Sourcing, Cultural Significance, and Global Impact of Canada’s Natural Diamonds
Lucapa Diamond Company, an Australian Securities Exchange (ASX)-listed diamond miner, has finalized its mineral investment contract (MIC) for the Lulo joint venture (JV) in Angola, increasing...
The International Gemological Institute (IGI), a leading grading company in the lab-grown diamond market, has reported record financial performance for the calendar year (CY) 2024. The...
Alrosa has confirmed that it is suspending production at its low-margin mines amid what it calls a “deep crisis” in the industry. The sanctioned Russian miner...
Botswana’s new government is reportedly cooling on plans to acquire a stake in the Belgian polisher HB Antwerp. In March 2023 former President Mokgweetsi Masisi announced...
Anoop Mehta, Co Convener, Diamond Panel Committee and in the capacity of being the representative of GJEPC at IDMA delivered a compelling address at the International...
The total value of all Antwerp’s diamond imports and exports fell by over a third in the first two months of 2025, according to the Antwerp...
United States:Trading steady amid shortages in select categories. Market still memo-centric, with little inventory-buying. Retailers seeking 2.50 to 2.99 ct., F-H, VS-SI, rounds and fancies with...
In recent years, the engagement ring market has witnessed significant changes, particularly in consumer spending and gemstone preferences. According to a report by The Knot, U.S....
After a two-year hiatus, Chinese buyers return to purchasing Indian-cut diamonds, sparking optimism for Surat's diamond industry and boosting rough diamond prices.
Counter Intelligence: Just the Facts about Natural & LGDs brochures highlight natural and lab-grown diamond facts
The Russian government could buy more rough diamonds from the state-run miner Alrosa, as it faces ongoing G7 sanctions and weak global demand.The Finance Ministry says...
Rupesh Jain, the founder of Candere by Kalyan Jewellers, is making a return to the jewellery industry with a new venture focused on lab-grown diamonds (LGDs)....
Pandora has announced the appointment of Nicole Clayton as the new General Manager for its British Isles region. She will be taking over from Sonia Lopez...
By Ramit Kapur, MD, Gemological Science International (GSI)
The Responsible Jewellery Council (RJC) has unveiled its new Laboratory Grown Materials Standard (LGMS), marking a significant step towards ethical and sustainable practices in the growing...
India’s largest gold player expands into lab-grown diamonds, setting new standards in trust, sustainability, and accessibility
Plans to support diamond sanctions on Russia with a blockchain-backed traceability mechanism have been delayed for a second time.The G7 and EU nations originally intended to...
Showcasing global innovative designs; exhibition zone highlights global creative craftsmanship
De Beers has launched a diamond verification device aimed specifically at retailers. DiamondProof distinguishes natural gems from LGD in store within seconds as the customer looks...
Rough diamonds above 5 carats were in tight supply at this week’s sight, customers reported, with explanations ranging from production cuts to ’ strategy of withholding...
Rio Tinto reported a $127m loss for 2024 from its Diavik diamond mine, in Canada, as weak market conditions led to “fixed cost inefficiencies”. That compares...
De Beers’ fully distributed diamond blockchain platform Tracr™ Limited and Sarine Technologies Limited signed a collaboration agreement that enables each party to offer scalable, cost-effective and...
The Responsible Jewellery Council (RJC) has issued a comprehensive set of regulations on the ethical, social, human rights and environmental aspects of lab grown diamonds for...
De Beers and the Botswana government announced they had finally signed the long-delayed agreements on sales, mining licenses and a package of measures to boost the...
Security guards working for the government-owned Zimbabwe Consolidated Diamond Company (ZCDC) have killed “scores of citizens in cold blood,” according to a coalition of Zimbabwean civil...
Traceability rules for polished diamond imports now delayed by nearly a year, allowing more time for global cooperation and system development.
A groundbreaking discovery by Chinese scientists has led to the creation of an artificial diamond that surpasses natural diamonds in strength and heat resistance. Lonsdaleite is...
The name change aligns with the brand’s commitment to its “Origins strategy,” emphasizing its exclusive access to natural diamonds at their source, while unveiling a new...
Demand for polished diamonds up by 60% as individuals diversify portfolios with gemstones following VAT abolition and growing financial volatility.
Agreement to manage Tongo diamond deposit operations could lead to a sustainable long-term partnership aimed at producing high-quality diamonds.
Challenges at Diavik mine and broader market conditions lead to significant financial loss in Rio Tinto’s diamond segment.
Indian Consumers Rush to Buy Diamonds Amid Price Dip, While Lab-Grown Trends Impact Global
Starting in April 2025, U.S. importers must declare diamond mining origins to prevent Russian diamonds from entering the market.
Over the past 18 months, we have significantly enhanced this report, incorporating new data and insights that reflect the evolving landscape of the diamond industry
De Beers Jewellers has rebranded as De Beers London in a move designed to emphasize its links with one of the world’s fashion and luxury capitals.And...
Importers will not need to submit proof of a diamond’s country of mining when registering shipments to the US but should keep the right documentation for...
Through mid-February 2025, rough diamond prices are down a modest 1-2% year-to-date, according to the Zimnisky Global Rough Diamond Price Index. This follows an 18% decline...
The lab-grown diamond brand plans to expand its retail presence, enhance branding, and diversify its product offerings with the new capital
The luxury brand’s new boutique at the Taj Krishna in Banjara Hills highlights its celebrated fine jewellery and global couture collections.
ETF will be positioning natural diamonds as an investment asset, similar to precious metals. A diamond ETF can unlock new demand and stabilize prices
Exploring the Rise of Natural and Lab-Grown Diamonds: Key Factors Shaping Differentiation in the Global Jewelry Market
The Duchess of Sussex’s ring, was the number-one choice in a poll of 2,000 adults living in the UK
It's a notable development in what has been a stormy relationship between two countries that have no official diplomatic ties.
Botswana's mines minister Bogolo Kenewendo says it's "absolutely" the right time to discuss the government increasing its 15 per cent stake in De Beers.
CaratLane – A Tata Product, India’s leading omnichannel jewellery brand, has launched its all-new engagement rings collection, designed to celebrate love in its many forms. The...
A New Digital Hub for Connection, Collaboration, and Growth London, 10th February 2025 – The diamond and jewellery industry is built on trust, relationships, and expertise....
The average price of natural-diamond jewelry across all product categories rose 2.7% to $2,360, according to a report from the Natural Diamond Council (NDC) and trend...
Anglo American said it expects to write down De Beers’ carrying value for the second year in a row, in response to the industry’s continued weakness.
An Indian delegation led by Shri R. Arulanandan, Director, Department of Commerce, Government of India actively participated in the “Opportunities in India” event, hosted by the...
New requirements to state “country of mining” leave a lot of unanswered questions.
De Beers and the government of Botswana have officially concluded their negotiations, finalizing a new rough diamond sales agreement and securing an extension of mining licenses...
Priyanka Gill, a serial entrepreneur and former Venture Partner at Kalaari Capital, has launched COLUXE, a lab-grown diamond (LGD) jewelry brand that seeks to transform the...
GJEPC and InCent LGD- IIT Madras present VAJRA INDUSTRY, RESEARCH AND ACADEMIC MEET [VAIRAM 2025] Workshop
Anglo American is working to maximize its value in case a new merger and acquisition (M&A) suitor emerges and expects significant progress this year on the...
Malabar Group, a leading Indian business conglomerate and the parent company of Malabar Gold & Diamonds, announced its Educational Scholarships for girl students in Telangana for...
The US will require importers to state the mining provenance of diamonds entering the country, Customs and Border Protection (CBP) said last month.
De Beers India managing director Amit Pratihari expressed concerns over the lack of transparency in synthetic diamond sales, emphasizing the importance of clear disclosure to consumers....
Signet Jewelers sees significant potential in lab-created diamond fashion, as customers seek “bolder” looks at lower price points, CEO J.K. Symancyk told an audience of business...
VD Global will provide diamonds to AthleteGEM in a new joint venture that aims to “reignite” the industry using investment-driven sports memorabilia. AthleteGEM is the brainchild...
Augmont, India’s largest gold trading platform announced that it has added Lab Grown Diamonds (LGD) to its existing online SPOT trading platform for precious metals catering...
De Beers left rough prices unchanged at the first cycle of the year after December’s sharp reductions. It allowed 20% buybacks for all goods — a...
India's Panna Diamond Mining Project, 15km from Panna,is to resume mining, after overcoming environmental concerns from a neighboring tiger reserve. Work has been halted several times...
The World Federation of Diamond Bourses (WFDB) has launched a new social media campaign titled “Moments,” designed to emphasize the deep emotional connections and significance that...
Industry members and government officials involved in the discussions over Russian diamond sanctions expect that a full traceability regime won’t be implemented by the current March...
Jos Alukkas, a trusted name in quality, innovation, and trendy jewellery in India, is proud to announce a significant 28% increase in the overall sale of...
The Department of Commerce, Government of India has introduced the Diamond Imprest Authorisation (DIA) Scheme, aiming to enhance India’s global competitiveness in the diamond sector, according...
The IIJS Signature 2025 opened today in Mumbai with the unveiling of Diamond Trails, an ambitious project blending fine art, literature, and philanthropy, conceptualised by globally...
As global demand for natural diamonds wanes, some of Surat’s diamond cutting and polishing units have diversified their operations by turning to gold jewellery manufacturing to...
McKinsey & Co Diamond Industry Report
Jewelers of America (JA) and key industry figures met with lawmakers in Washington, DC, last week to express their concerns about plans for sanctions on Russian...
The EU’s “softening of sanctions” was inevitable, according to Russia’s deputy finance minister Alexey Moiseev.He was speaking after the announcement last week that “grandfathered” goods –...
The European Union has extended the “sunrise period” for sanctions on Russian diamonds by six months and added an important concession for goods that predate the...
