The Department of Commerce, Government of India, has announced the Diamond Imprest Authorisation (DIA) Scheme, which will take effect from…
Browsing: Diamonds
Diamond producers across Africa are reported to be supporting the adoption of the Authentia traceability platform, a technology-driven initiative designed…
Russian diamond producer Alrosa has forecasted a rebalancing of supply and demand for both rough and polished diamonds in the…
De Beers has accumulated its largest diamond stockpile since the 2008 financial crisis, with an inventory valued at approximately $2…
Angola has achieved a significant milestone in its diamond industry, producing approximately 12 million carats of diamonds in 2024 -…
The Bharat Diamond Bourse (BDB) recently conducted a session as part of its Leadership Series, addressing the complexities and advances…
Maruti Impex, a prominent manufacturer of polished natural diamonds, has announced a temporary closure of its operations, directly affecting approximately…
De Beers has reduced prices for its rough diamonds by 10% to 15% at its final sight of 2024, according…
Angola has replaced Russian diamond miner Alrosa with Maaden International, an Omani investment fund, in its diamond-mining operations. Alrosa, the…
Botswana is set to establish an export certification system for rough diamonds in collaboration with the G7 diamond technical team. …
The diamond industry is navigating a period of significant transformation, as highlighted in a recent report by McKinsey & Company.…
Digital marketplace Nivoda has announced the successful raising of $51 million in its latest funding round. The funding will support…
De Beers Group has launched its ‘Forever Present’ marketing campaign in the United States to promote natural diamonds during the…
Several global industry bodies are reportedly working on a new initiative to secure $65 million annually for category marketing, aiming…
Fenix Diamonds and Dholakia Lab-Grown Diamond have jointly acquired Israeli diamond grower Lusix for $4 million. Founded in 2016 by…
Speaking at the 2024 KP Plenary in Dubai, World Diamond Council (WDC) President Feriel Zerouki urged stakeholders to work together…
The Natural Diamond Council (NDC) has published the latest edition of its Diamond Facts report, aiming to counteract perceived misinformation…
The Gemological Institute of America (GIA) has announced it will close its laboratory in Ramat Gan, Israel by the end…
The Central Board of Indirect Taxes & Customs (CBIC) will require, from 1 December 2024, all exporters and importers of…
Diamond prices continued to fall in October, though at a slower pace than in previous months, according to latest Rapnet…
Authorities in Vietnam have detained two Indian nationals attempting to smuggle a combined total of 1,078 diamonds into the country…
Diamond sales from Debswana, the joint venture between De Beers and the Botswana government, dropped significantly in the first three…
The Ministry of Finance’s Department of Revenue has issued a notification waiving customs duties on “Simply Sawn Diamonds” imported between…
De Beers has announced plans to reduce the number of sightholders in its next supply agreement, which will take effect…
The Gem and Jewellery Export Promotion Council (GJEPC), India’s trade body for the gem and jewellery industry, has announced new…
Moses Madondo, CEO of De Beers Group Managed Operations, recently shared his opinion that the global supply of natural diamonds…
Diamond prices continued to decline in September as an oversupply in the market pressured prices downward, according to the latest…
Rio Tinto has launched its 2024 Beyond Rare Tender – collection of 48 diamonds including seven historical diamonds, referred to…
The Okavango Diamond Company (ODC), the state-owned rough diamond trader in Botswana, has announced the cancellation of its December sale,…
The Dubai Multi Commodities Centre (DMCC) has published a special edition of its Future of Trade report, titled Provenance, Traceability…