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Introducing CiviGem: Uniting the Global Diamond and Jewellery Industry 

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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. Yet, despite being a global trade, it remains fragmented, with professionals often struggling to connect and collaborate effectively. Enter CiviGem—a pioneering digital platform designed to unite the industry like never before. 

The Vision Behind CiviGem 

CiviGem was born out of a simple yet pressing need: to create a centralised, digital community where professionals across the diamond and jewellery trade can network, share knowledge, and strengthen industry ties. Initially developed as a tool for the London Diamond Bourse (LDB), CiviGem quickly evolved into something much bigger—an international platform with the power to transform the way the industry operates. 

“As someone who has spent years working across different facets of the trade—from mining to manufacturing to retail—I’ve seen firsthand how disconnected the industry can be. CiviGem is about breaking down those barriers, making us all stronger, louder, and more impactful as a united community,” says David Troostwyk, President of the London Diamond Bourse and founder of CiviGem. 

What CiviGem Offers 

CiviGem provides an intuitive, digital-first approach to industry networking and knowledge-sharing. Key features include: A Global Industry Directory – Easily find and connect with industry professionals based on location, expertise, company type and trade association. 

Direct Messaging & Community Engagement – Foster stronger business relationships through real-time conversations and group discussions. 

Knowledge Sharing & Industry Insights – Access an ever-growing library of factual information about natural diamonds, industry trends, and best practices. 

Support for Young Professionals – Dedicated mentorship spaces to guide the next generation of diamantaires and jewellery professionals. 

Empowering the Industry for the Future 

The ultimate goal of CiviGem is simple: to empower industry professionals, enhance collaboration, and drive collective success. By fostering a spirit of partnership rather than competition, CiviGem aims to strengthen the diamond and jewellery trade at every level from miner, dealer, jeweller, designer and craftspeople. 

“Success in this industry has always been about connections—who you know, what you learn, and how you adapt. CiviGem brings that to the digital age, ensuring that no matter where you are in the world, you’re never more than a click away from the right people and the right opportunities,” adds David Troostwyk. 

With CiviGem, the diamond industry isn’t just keeping pace with change—it’s leading it. 

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DiamondBuzz

Lesotho’s Kao Diamond Mine To Halt Operations Amid Industry Slump

The Mine’s Operator, Storm Mountain, Cited A Severe Financial Crisis Driven By A Prolonged Drop In Global Rough-diamond Prices, Rising Middle East Conflict

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Lesotho’s largest diamond mine, Kao, will cease operations on June 30 and transition to care and maintenance. The mine’s operator, Storm Mountain, cited a severe financial crisis driven by a prolonged drop in global rough-diamond prices, rising Middle East conflict-related fuel costs, and stiff competition from lab-grown diamonds.

Despite a warning last October that the mine required $13 million in fresh capital to survive, the necessary investment did not materialise. According to CEO Neo Hoala, the steep market decline made continued operations unsustainable. The shutdown will impact roughly 750 workers.

The mine’s financial downturn is stark: in 2024, Storm Mountain sold 250,000 carats for $50 million—a massive drop from its $105 million revenue in 2022. Kao’s suspension reflects a broader crisis in the diamond sector, following recent insolvencies and closures at Canada’s Ekati mine and South Africa’s Ekapa and Finsch mines.

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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