India’s Polished Exports Predicted to Fall by 35%
India's polished diamond exports could fall by as much as 35 per cent this financial year, the ratings agency Crisil, to $14bn to $15bn.
It blames weak consumer demand in the US, EU and China...
US Lab Grown Giant Files for Bankruptcy
WD Lab Grown Diamonds, the second largest lab grown producer in the USA, has filed for bankruptcy.
The Washington DC-based company is the first major casualty of the plunge in lab grown prices.
It filed for...
Gem Diamonds Recovers Third +100-ct This Year
Gem Diamonds has recovered its third +100-ct diamond of the year at its Letseng mine, in Lesotho.
But it's still leaves the UK-based miner at well below its long-term average of eight +100-ct recoveries a...
40 Under 40 Club Launched at IIJS Premiere 2023, Undertake an Exclusive Tour of...
As part of their inaugural experience, the 40 Under 40 Club, launched during IIJS Premiere 2023, honoured as the brightest young minds in the industry, visited the soon-to-be-inaugurated Surat Diamond Bourse (SDB), on 7th...
Botswana Rethinks HB Investment
The Botswana government is rethinking its proposed deal with HB Antwerp, after Canadian miner Lucara last week announced it was pulling out of a 10-year sales agreement with the company.
The government said in March...
Another Blow for Israel’s Diamond Trade
Israel's diamond trade suffered another blow in August, with rough imports down 69 per cent year-on-year and rough exports down by 80 per cent.
The figures were significantly worse than July, when imports and exports...
Call for Two-Month Diamond Import Ban in India
Industry leaders in India are calling for a voluntary two-month ban on all rough diamond imports, to "better manage the balance between demand and supply".
They say exports were down by 25 per cent in...
Lily Dazzles in New Natural Diamond Ads
British actress Lily James is again promoting the beauty of natural diamonds in a new global ad campaign.
She features in the second instalment of To Treasure Now and Forever, by the New York-based Natural...
Alrosa Announces Biggest Diamond in a Decade
Alrosa has announced its largest recovery in a decade - an irregular-shaped diamond weighing 390.7 carats.
The sanctioned Russian miner said the gem was recovered at its Mayat mine, in Yakutia, by its subsidiary Almazy...
Hit TV Show Promotes Natural Diamonds
Made In Heaven, the hit TV show about a pair of Indian wedding planners, is promoting natural diamonds.
Stars of the second series of the romantic drama are wearing jewelry from six brands in a...
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