Anglo American has entered preliminary discussions with banks regarding a potential initial public offering (IPO) of its diamond unit, De…
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Browsing: Diamonds
India’s gem sector is preparing for potential US tariffs on exports of polished diamonds and jewellery, which could come into…
The Natural Diamond Council (NDC) has published a new report, Diamonds of Botswana, providing an overview of the diamond industry’s…
Sightholders at De Beers’ February sales cycle reported a reduced supply of rough diamonds over five carats, citing production declines…
Rio Tinto has reported a $127 million loss from its Diavik diamond mine in Canada for 2024, citing weak market…
Sarine Technologies Ltd and De Beers Group subsidiary Tracr have signed a collaboration agreement to enhance technology-driven diamond traceability. The partnership…
De Beers Group has introduced DiamondProof, a diamond verification device designed to distinguish natural diamonds from laboratory-grown diamonds (LGDs) and…
Wealthy Russian investors are increasingly purchasing investment-grade diamonds, with demand for polished stones rising by 60% in 2023, according to…
Céline Assimon will leave her role as CEO of De Beers Jewellers at the end of the month, the company…
A London High Court ruling has dismissed a legal claim by Sheikh Hamad bin Abdullah Al Thani, the chief executive…
Lucara Diamond Corp has sold two diamonds recovered from its Karowe mine in Botswana for a total of $54 million. The…
The United States will require diamond importers to declare the country of mining origin for all shipments entering the country,…
Mountain Province Diamonds reported a 20% drop in annual revenue for 2024, with sales falling to $195.2 million. The company, which…
Diamond producers across Africa are reported to be supporting the adoption of the Authentia traceability platform, a technology-driven initiative designed…
Russian diamond producer Alrosa has forecasted a rebalancing of supply and demand for both rough and polished diamonds in the…
De Beers has accumulated its largest diamond stockpile since the 2008 financial crisis, with an inventory valued at approximately $2…
Angola has achieved a significant milestone in its diamond industry, producing approximately 12 million carats of diamonds in 2024 -…
De Beers has reduced prices for its rough diamonds by 10% to 15% at its final sight of 2024, according…
Angola has replaced Russian diamond miner Alrosa with Maaden International, an Omani investment fund, in its diamond-mining operations. Alrosa, the Russian…
Botswana is set to establish an export certification system for rough diamonds in collaboration with the G7 diamond technical team. This…
The diamond industry is navigating a period of significant transformation, as highlighted in a recent report by McKinsey & Company.…
Digital marketplace Nivoda has announced the successful raising of $51 million in its latest funding round. The funding will support…
De Beers Group has launched its ‘Forever Present’ marketing campaign in the United States to promote natural diamonds during the…
Several global industry bodies are reportedly working on a new initiative to secure $65 million annually for category marketing, aiming…
Star Diamond Corporation, a Canadian diamond exploration and development company, has announced its financial results for the third quarter of…
Fenix Diamonds and Dholakia Lab-Grown Diamond have jointly acquired Israeli diamond grower Lusix for $4 million. Founded in 2016 by Benny…
Speaking at the 2024 KP Plenary in Dubai, World Diamond Council (WDC) President Feriel Zerouki urged stakeholders to work together…
The three diamond mines in Canada’s Northwest Territories – Diavik, Gahcho Kué, and Ekati – have come together to collaborate…
The Natural Diamond Council (NDC) has published the latest edition of its Diamond Facts report, aiming to counteract perceived misinformation…
The Gemological Institute of America (GIA) has announced it will close its laboratory in Ramat Gan, Israel by the end…