The Company Cited Geopolitical and Macroeconomic Uncertainty, Western Sanctions, Shifting Jewellery Demand, Higher Gold Prices and Weaker Rough and Polished Diamond Sales As Key Challenges.
Lukson Combines A Solar Powered CVD Facility With 500 Reactors, Internationally Certified Stones and A Group Legacy Of Over 1 Lakh Trees Planted Across Gujarat
Recovered In August 2024 At The Karowe Mine In Botswana, Originally Weighing 2,492 Carats Before Cleaning
The Company Attributed The Latest Deficit Primarily To Higher Operating Expenses, Which Increased About 25% From A Year Earlier, Competition From Lab-Grown Diamonds and Weak Luxury...
Deepening Collaboration With India To Leverage Its World-Class Expertise In Diamond Cutting, Polishing, and Value Addition.
NDC ntends To Broaden Industry Participation, Strengthen Collaboration Across The Diamond Pipeline and Ensure Its Programmes Better Reflect The Priorities Of Producers, Trade Bodies, Manufacturers and...
The decline reflected significantly lower realised rough diamond prices, although underlying operating performance improved. higher production, increased sales volumes and aggressive cost-cutting helped offset weaker pricing.
Consortium Commits An Additional $500 Million Post-Acquisition Capital Injection and Enters Strategic Dialogues With The Government Of Botswana.
According to GIA, around 25% to 35% of all diamonds show some level of fluorescence. Greater transparency about this significant segment of the market could help...
The Hon’ble Consul General of India to Dubai, Shri Vishnu Vardhan Reddy, visited the Bharat Diamond Bourse (BDB) complex on July 24, and after being shown...
The company reported a significant increase in production volume while maintaining its full-year production target of 21 to 26 million carats.
The move follows the conclusion of the USTR Section 301 investigations into 60 economies over their implementation and enforcement of prohibitions on imports produced with forced...
Botswana is expected to play a pivotal role in the transaction. The country, together with Namibia, Angola and other shareholders, already owns a 15% stake in...
40-booth Pavilion to Spotlight Diamond Certification, Innovation and Industry Collaboration.
The Decision Comes As The Natural Diamond Industry Continues To Face Significant Headwinds, Including Declining Consumer Demand, Competition From LGDs
Hari Krishna Exports Celebrates Its 34th Anniversary With A Family Outing For Over 1,600 Employees and Loved Ones.
Company outlines strategic cost optimisation, portfolio streamlining and operational changes to strengthen resilience while positioning for long-term growth in the natural diamond industry.
Will Enhance Consumer Demand For Natural Diamonds, Strengthening Government Engagement With WFDB
Despite Global Conflicts and Sanctions Against Russia, Antwerp Remains A Top Hub For Buying and Selling Rough Diamonds.
The Election Reflects Power Shifts In The Trade As Well As Open Questions About The WFDB’s Character and Future.
With Gold Appreciating and Small Rough Diamonds Losing More Than Half Their Value Over The Same Stretch, The Economic Logic For Alluvial Operators Points Firmly Away...
Hari Krishna Exports Celebrates Its Legacy Of Trust, Sustainability, and Social Impact.
Recovers 31.5 Million Carats Valued At $2.72 Billion (Averaging $86 Per Carat).
Historic Appointment Marks A Significant Milestone For Gender Representation In The Global Diamond Industry
New Board Appointments Strengthen DDE’s Expertise In Global Markets, Governance and Responsible Sourcing.