The high demand for jewelry and a decline of up to 20% in global diamond mining volumes compared to levels recorded 5-6 years ago will drive the industry’s growth, according to Sergey Takhiev, Head of ...

De Beers and GJEPC (Gem & Jewellery Export Promotion Council ) have announced a new strategic partnership aimed at streamlining the sourcing, marketing, and sale of natural diamond jewelry in India, ...

India’s polished diamond exports totaled $773 million in December, reflecting a 10.4% decline in dollar terms compared to December 2023, according to the latest data released by the Gem & Jewellery ...

African diamond producers are advocating for the adoption of the Authentia platform, which enhances diamond origin tracking, urging G7 nations and the Kimberley Process to support it, as reported by ...

Mining giant BHP is reportedly gearing up to make another takeover bid for rival Anglo American, according to the Sunday Times, as cited by IDEX Online. In April 2024, BHP proposed acquiring Anglo ...

Golan explains that the diamond industry as a whole experienced significant upheaval in 2024. While such disruptions are often triggered by external events, last year’s challenges were primarily the ...

De Beers is reportedly sitting on its largest stockpile of diamonds since the 2008 financial crisis, according to the Financial Times, as cited by IDEX Online. The company now holds an estimated $2 ...

The African Diamond Council (ADC) has announced plans to adopt Authentia.io, a blockchain-powered traceability platform, to enhance transparency and accountability in the global diamond trade, as ...

Russian mining giant Alrosa reported a 4.6% decline in diamond production for 2024, with total output falling to 33 million carats of rough diamonds, down from 34.6 million carats the previous year, ...

In a recent analysis published on his website, industry analyst Edahn Golan examines the seismic shifts reverberating through the diamond industry following the unexpected mid-December announcements ...

De Beers CEO Al Cook predicts the natural diamond market will gradually recover later in 2024, despite ongoing challenges, as reported by Diamond World. Cook made these comments at the JGW exhibition ...

Following complaints from traders about lengthy customs clearance times, which previously exceeded a week, the Diamond Office in Antwerp reports a “dramatic decrease” in delays, IDEX Online reports.