De Beers Unveils New Initiatives to Boost Natural Diamond Appeal in India
De Beers Group has introduced a fresh initiative in India aimed at promoting natural diamonds to a younger audience. The ‘Second Ear Piercing Ritual’ campaign seeks to blend tradition with modern self-expression by introducing...
Swarovski Reports Return to Profit and Surge in Lab-Grown Diamond Sales
Swarovski has made a strong comeback, returning to profitability after five years of setbacks. The Austrian luxury brand, known for its iconic crystals and jewelry, announced a 6% growth in revenue for 2024 and...
U.S. to Enforce Stricter Diamond Import Rules, Mandating Mining Country Disclosure
The U.S. Customs and Border Protection (CBP) will roll out tighter import regulations for diamonds in April 2025, reinforcing its efforts to block Russian-mined diamonds from entering the U.S. market. The new mandate, aligned...
Diamond Market Faces Decline Amid Slow Demand in January
The diamond industry experienced a sluggish start to 2024, with subdued holiday sales and declining prices, according to the Rapaport Group. While the US holiday season met the industry’s modest expectations, the overall market...
Alrosa Predicts Rising Diamond Prices Amid Supply Constraints
Alrosa, one of the world's largest diamond miners, has forecasted an uptick in diamond prices in the months ahead, driven by rising demand and slowing supply. Sergey Takhiyev, the company’s head of corporate finance,...
Lucara Unveils the Name of the World’s Second Largest Diamond
Lucara Diamond Corporation has officially named its extraordinary 2,488-carat diamond, discovered in August at the Karowe mine in Botswana. The gem, now known as Motswedi, holds the title of the world’s second-largest diamond ever...
Indian Farmer’s Diamond Sells for $111,000 at Auction
A stunning 19.22-carat diamond, discovered by a part-time miner in India’s Panna district, recently sold for an impressive $111,000 (Rs. 93,79,360) during a organized auction.
This exceptional gemstone was the highlight of an auction where...
Renewed Calls for G7 Verification Point in India
India is renewing calls for its own G7 diamond verification center, in addition to Antwerp and, as of next year, Botswana.
There has been near-universal opposition within the industry to Antwerp as the sole verification...
NDC & Jos Alukkas Join Forces To Promote Natural Diamonds
The Natural Diamond Council (NDC) and jewellery retailer Jos Alukkas have announced a strategic partnership to elevate the natural diamond industry. This collaboration aims to enhance consumer awareness, promote transparency, and drive demand for...
Designed for the new age diamond buyer: Jawhara Jewellery and Natural Diamond Council...
Natural Diamond Council recently organised an exclusive knowledge session for Jawhara Jewellery to elevate customer experiences, inviting diamond lovers to shop local with confidence
Dubai, United Arab Emirates, November 2024: In a world where conscious...