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NDC unveils Record-Breaking Diamonds: chronicling the extraordinary life stories of the planet’s most legendary gems

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In a world where rarity commands reverence, the Natural Diamond Council (NDC) unveils Record-Breaking Diamonds, a meticulously crafted report that chronicles the extraordinary life stories of the planet’s most legendary gems. This comprehensive volume traces these stones from their raw, unyielding origins deep within the Earth’s mantle to their dazzling polished perfection, weaving together the threads of geology, history, mining innovation, and masterful craftsmanship. Far more than a catalog of treasures, the report illuminates why these diamonds transcend mere luxury—they embody the sublime interplay of nature’s whims and human ingenuity, setting them apart as unparalleled wonders.

At the heart of the report lie iconic diamonds that have not only captivated imaginations but also redefined market benchmarks. Consider the Hope Diamond, a 45.52-carat deep-blue beauty now enshrined at the Smithsonian Institution in Washington, DC. Gazing upon its haunting allure, over 100 million visitors have pondered its cursed lore and royal provenance, from French kings to American tycoons. Equally mesmerizing is the CTF Pink Star, a flawless 59.60-carat fancy vivid pink diamond that shattered auction records in 2017, commanding a staggering $71.2 million at Sotheby’s Hong Kong—the highest price ever paid for a diamond at public sale. These stories, richly detailed in the report, reveal how such gems become cultural touchstones, their journeys echoing through centuries of human ambition and artistry.

Yet Record-Breaking Diamonds extends beyond historical romance to offer a forward-looking lens for the industry. Positioned as an enduring reference, it delves into the transformative role of modern recovery technologies—from advanced geophysical modeling to ethical mining practices—and precision cutting techniques that safeguard the integrity of exceptionally large crystals. These innovations have unlocked new possibilities, preserving record sizes and vivid hues that once seemed unattainable. For industry professionals charting market trends, investors eyeing precious metals, and enthusiasts alike, the report provides fresh insights into the diamonds’ scarcity and magnetic appeal, underscoring their role as timeless symbols of excellence in an era of evolving retail dynamics.

In essence, the NDC’s report reaffirms the diamond’s mythic status: born of volcanic fury billions of years ago, refined by cutting-edge science, and immortalized by human vision. It invites us to marvel at these landmark gems not just as commodities, but as testaments to rarity’s enduring power.

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De Beers Sale Could Take 18 Months To Clear Regulatory Hurdles: Duncan Wanblad

The strategic divestment of De Beers highlights the persistent friction between corporate portfolio optimization and multi-jurisdictional regulatory compliance.

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The long-awaited sale of De Beers could easily take 18 months to clear regulatory hurdles, says Duncan Wanblad, CEO of parent company Anglo American, once a deal is finally agreed.

Wanblad has, however, insisted that the company is not exclusive with any consortium and that more than one group remains involved in the process.

The strategic divestment of De Beers by Anglo American highlights the persistent friction between corporate portfolio optimization and multi-jurisdictional regulatory compliance.

Initiated in May 2024 as part of a sweeping restructuring, Anglo’s decision to offload its loss-making diamond unit was designed to sharpen capital allocation around core, high-margin assets like copper and iron ore.

However, CEO Duncan Wanblad’s candid assessment underscores a critical transactional reality: securing a signed agreement is merely the precursor to a prolonged regulatory clearance phase.

While Anglo American maintains a target to agree on deal terms by the end of 2026, market expectations regarding transaction completion require re-calibration. Antitrust approvals across key diamond consumption and trading hubs—most notably the United States, China, and the European Union—could extend the execution window by up to 18 months post-signing.

Given De Beers’ historical market concentration and influence across global supply chains, international competition authorities will undoubtedly subject any structural change in ownership to intense scrutiny.

 Although the Global Diamond Consortium, spearheaded by former De Beers managing director Gareth Penny, has positioned itself as a primary contender, Anglo American has deliberately avoided granting exclusivity. While maintaining multiple bidding tracks preserves commercial leverage, it delays the precise regulatory preparation required for closing. Formal filings cannot be finalized until the specific jurisdictional footprint and capital background of the acquiring consortium are locked in.

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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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