The high demand for jewelry and a decline of up to 20% in global diamond mining volumes compared to levels recorded 5-6 years ago will drive the industry’s growth, according to Sergey Takhiev, Head of ...

Botswana anticipates a significant economic rebound and projected growth of 3-4% in 2025, according to a senior government official, as reported by Diamond World. This forecast follows a challenging ...

Mining giant Rio Tinto reported strong performance in 2024 but also noted a decline in diamond production, according to a report by Rough & Polished. According to the report, diamond production at the ...

African diamond producers are advocating for the adoption of the Authentia platform, which enhances diamond origin tracking, urging G7 nations and the Kimberley Process to support it, as reported by ...

Mining giant BHP is reportedly gearing up to make another takeover bid for rival Anglo American, according to the Sunday Times, as cited by IDEX Online. In April 2024, BHP proposed acquiring Anglo ...

2024 posed significant challenges for the diamond industry, forcing companies to reevaluate their strategies, pivot their focus, and redefine diamonds as genuine luxury items. In a recent analysis, ...

The African Diamond Council (ADC) has announced plans to adopt Authentia.io, a blockchain-powered traceability platform, to enhance transparency and accountability in the global diamond trade, as ...

Russian mining giant Alrosa reported a 4.6% decline in diamond production for 2024, with total output falling to 33 million carats of rough diamonds, down from 34.6 million carats the previous year, ...

“Mazal and Bracha” is the traditional phrase the diamond industry uses when closing a deal. The expression is accompanied by a handshake and is articulated (in Hebrew) by diamond merchants worldwide.

De Beers has upheld its 2024 production guidance, targeting 23 to 26 million carats, as the midstream continues to manage elevated inventory levels and recovery timelines remain extended, according to ...

Mining giant Anglo American is weighing whether to proceed with an Initial Public Offering (IPO) of diamond company De Beers or sell the company, amidst the ongoing weak demand for natural diamonds, ...

In a recent analysis published on his website, industry analyst Edahn Golan examines the seismic shifts reverberating through the diamond industry following the unexpected mid-December announcements ...