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 ...

Antwerp’s diamond industry is demanding “decisive support” from the government after rough diamond imports dropped by 35% due to G7 sanctions on Russia, according to IDEX Online. The Antwerp World ...

Mining giant Rio Tinto reported strong performance in 2024 but also noted a decline in diamond production, according to a report by Rough & Polished. According to the report, diamond production at the ...

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 ...

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 ...

2024 posed significant challenges for the diamond industry, forcing companies to reevaluate their strategies, pivot their focus, and redefine diamonds as genuine luxury items. In a recent analysis, ...

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 ...

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, ...

India is ramping up efforts to set up its own Diamond Verification Center, which could begin operations as early as next year, alongside existing centers in Antwerp and Botswana, Diamond World ...

Gem Diamonds has announced its second recovery of a +100-ct diamond in less than two weeks, according to IDEX Online. The UK-based miner unearthed a 118.74-carat Type II white diamond on April 28, ...

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 ...