Natural diamonds most desired luxury jewellery, Gen Z spending double baby boomers, reveals De Beers report

Natural diamonds remain the most desired jewellery item among US consumers, with Millennials and Gen Z driving demand value and spending, according to De Beers Group’s The Diamond Report, which draws on the biannual Diamond Acquisition Study of 18,500...

Yesterday

Edahn Golan: India’s lab-grown diamond exports surpass natural diamonds by volume, yet value gap widens

India’s diamond industry has reached a historic turning point. In March and April 2026, the volume of lab‑grown diamond exports overtook that of natural diamonds, with lab‑grown stones accounting for 51% and 50.4% of total export volume respectively...

01 june 2026

Dr M’zée Fula-Ngenge: Kimberley Process failing Africa

The Kimberley Process (KP) is failing Africa, and the world's definition of a “conflict diamond” is a moral and legal absurdity, according to the African Diamond Council (ADC) chairperson M’zée Fula-Ngenge. The following exclusive...

18 may 2026

How much CO2 is in a Pandora lab-grown diamond? 12.58 kg per carat

Pandora’s cradle-to‑gate carbon footprint study of its lab‑grown diamonds, verified by EY (formely Ernst & Young) under limited assurance, finds that one polished carat carries a footprint of 12.58 kg CO2 equivalent (e). The growing stage...

11 may 2026

Antwerp diamond trade volumes jump 20% in Q1 2026 as structural measures take hold

The Antwerp World Diamond Centre (AWDC) reported a nearly 20% increase in total diamond trading volume for the first quarter of 2026, driven by a 35.7% surge in rough diamond imports.

27 april 2026

Russian senator calls Canada's plan to exclude Russia from Arctic alliance a failure

04 october 2024

The idea of Canada and the Nordic countries to create an alliance for stability in the Arctic is doomed to fail without Russia's participation, Chairman of the Federation Council Committee on International Affairs Grigory Karasin said in an interview with Izvestia.

Canadian Foreign Minister Melanie Joly informed Bloomberg about the relevant intention. According to her, Canada and the Nordic countries are working on creating a "dialogue on security in the Arctic," or a forum to discuss countering Russia.

"No alliance for stability and cooperation in the Arctic will work without our participation, it is doomed to fail. And, in my opinion, it is frankly provocative. This is clearly a well-thought-out, long-term attempt to provoke an acute situation in the Arctic as well. I think this will not succeed, because I still hope for the common sense of politicians who live in the northern countries of America and Europe," Karasin commented.

The real purpose of this alliance, the senator believes, is an attempt to squeeze Russia out of the Arctic.

Alex Shishlo, Editor in Chief of the European Bureau, Rough&Polished