Botswana, De Beers suitor near deal on ownership stakes – report

Botswana and a consortium leading the race to acquire De Beers are close to agreeing on their future ownership stakes, potentially clearing the way for Anglo American to exit the diamond miner, according to Bloomberg.

Yesterday

Petra Diamonds subsidiary ordered to wind up over unpaid tax

Petra Diamonds has confirmed that a winding-up order has been made against its wholly owned indirect subsidiary, Petra Diamonds UK Treasury Limited (PDUK Treasury), following a petition by HM Revenue & Customs.

Yesterday

LVMH’s watches & jewellery division revenue rose 8% in the first nine months of 2026

The Watches & Jewellery division of the French conglomerate LVMH, home to over 75 world-renowned luxury brands, recorded an 8% organic revenue growth during the first nine months of 2026 thanks to strong jewellery demand, despite a challenging economic...

Yesterday

Russian companies to increase investment in PGM exploration by 17% in 2026

In 2026, Russian companies will increase their investment in the exploration of platinum group metals (PGM) by 17%, with the total reaching nearly 2 billion rubles ($23 million), the Russian Ministry of Natural Resources and Environment...

Yesterday

Diamond jewellery sales in India set to increase 15% - 20% on sharp rise in gold prices

Indian diamond jewellery retailers anticipate a 15% - 20% increase in sales during the 2026 festive season, driven primarily by the sharp rise in gold prices which prompts consumers to consider diamond jewellery in more affordable price range...

14 october 2026

Global Diamond Producers Unveil Natural Diamond Council

08 june 2020

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Image credit: NDC

(wwd.com) - The Diamond Producers Association is no more. The DPA is re-branding, pivoting to a new consumer-facing identity and a new name: Natural Diamond Council. The organization was founded with some of the world’s leading diamond producers including Alrosa, De Beers, Dominion Diamonds, Lucara Diamond, Petra Diamonds, Murowa Diamonds and Rio Tinto. “The mission of the DPA has always been to build the reputation and protect the integrity of natural diamonds to a consumer audience,” said David Kellie, who recently came from the Watches of Switzerland Group to be chief executive officer of the NDC. “The pivot is in the way that we do this. Beyond being an advertiser, we need to build ourselves as an authority. And being brand, retailer and publisher agnostic, we’re perfectly placed to build a strong reputation as the destination for information and inspiration on the world of natural diamonds and diamond jewelry.”