In the diamond and jewelry industry, decades of experience teach us that a truly prestigious piece of jewelry does not begin ...
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 ...
Polished diamond prices showed signs of stabilization in December, driven by increased consumer demand during the holiday season, according to the IDEX price index published by IDEX Online. The report ...
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 ...
Swiss luxury giant Richemont – owner of Cartier and other high-end brands – delivered an impressive performance in its third-quarter results, significantly exceeding market expectations, according to ...
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 ...
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, ...
Botswana’s economy is projected to shrink by 1.7% this year due to declining diamond sales, according to Finance Minister Ndaba Gaolathe, as reported by Rough & Polished. Gaolathe, who also serves as ...