Chinese retailers are offloading polished diamonds as demand tanks, adding to a $2 billion inventory headache for De Beers
Anglo American’s troubled ownership of the De Beers group was brought into fresh focus on Thursday as[…]
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[…]
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.
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[…]
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[…]
Liz Taylor Bracelet Smashes Estimate
A diamond bracelet gifted by Michael Jackson to Elizabeth Taylor sold for $147,000, almost double its high
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[…]