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 not to disclose where they are from.
Archives: News
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 participated in the “Opportunities in India” event, hosted by the Consulate General of India in Cape Town and the Government of India.
De Beers seals sales and mining contract with Botswana
De Beers, the world’s leading diamond producer by value, has concluded negotiations with the Botswana government on a new sales agreement and the extension of mining licenses for their joint venture, Debswana, until 2054.
Liz Taylor Bracelet Smashes Estimate
A diamond bracelet gifted by Michael Jackson to Elizabeth Taylor sold for $147,000, almost double its high estimate.
“Sharp Contraction” for Swiss Watch Exports
Swiss watch exports slumped in December, with the US suffering its first drop in six months.
De Beers sees India as a bright spot, notes early recovery signs in US
India has been emerging as a bright spot for the cut and polished diamonds amidst a slowdown in key markets such as the US and China, Amit Pratihari, managing director, De Beers India told Reuters on Wednesday.
High Value Recoveries Boost Gem’s Revenue
Gem Diamonds today (29 January) reported a dip in quarterly revenue but a year-on-year increase of 10 per cent, boosted by a flurry of high-value recoveries.
Botswana’s leader says diamond deal reached with De Beers
Botswana’s president Duma Boko, who swept to power in October elections, said his government has reached a diamond extraction and sales agreement with De Beers that will bring certainty to the gem-dependent economy.
Botswana and De Beers “on Brink of Deal”
Botswana and De Beers are reportedly on the brink of signing a critical and long-awaited sales agreement that was due for renewal back in June 2023.