Duffy resigns as Petra CEO, interim revenue knocked by market weakness
Independent mining group Petra Diamonds, which owns and operates diamond mines in South Africa
Botswana’s central bank left its main lending rate
The Bank of Botswana held its Monetary Policy Rate at 1.90% for the second policy meeting in[…]
Average US Engagement Ring Costs $6,750
And the average size of the stone was 1.07 carats, according to a new report by the[…]
Lab-Grown Diamonds: A Game Changer in the Diamond Industry
The diamond industry is undergoing a seismic shift, driven by the rising popularity of lab-grown diamonds.
Lucara sells two exceptional diamonds for $54m
Diamond miner Lucara Diamond Corp has sold the 549 ct Sethunya and the 1 080 ct Eva[…]
Botswana Forecasts 2025 Diamond Recovery
Botswana's government is forecasting a recovery in the diamond market later this year, and a consequent expansion[…]
De Beers Adapts to India’s Growing Demand for Lab-Grown Diamonds
De Beers, long associated with the glamour of natural diamonds
US Diamond Importers Must Declare Country of Origin
Diamond Importers have been required, since last March, to certify that their goods are not Russian, but[…]
Anglo American to review De Beers value amid weak diamond demand
Anglo American expects its De Beers diamond business to record an impairment amid declining diamond sales.
Indian Govt. Advocates for Direct Diamond Trade at Mining Indaba 2025
A high-profile Indian delegation led by Shri R. Arulanandan, Director, Department of Commerce, Government of India actively[…]