News
Dual diamond trade record: Dubai realises $41.7B from 359.5M carats in 2025
Dubai recorded $41.7 billion in diamond trade from 359.5 million carats in 2025, setting new records in both value and volume in the same year for the first time, the Dubai Multi Commodities Centre (DMCC) highlighted as it convened the seventh...
Today
DMCC forms education partnership with HRD Antwerp
The Dubai Multi Commodities Centre (DMCC) has announced a new education partnership between the Dubai Design Academy and HRD Antwerp, Europe’s leading authority in diamond and jewellery grading, to expand access to internationally recognized...
Today
Rio Tinto’s diamond production drops by 68% following Diavik closure
Rio Tinto’s diamond production fell by 68% during the first nine months of 2026. This decline follows the closure of the Diavik mine in Canada’s Northwest Territories this March after 23 years of operation due to its depletion.
Today
Ghana sets 2030 deadline to end raw mineral exports
Ghana's President John Mahama has set a target to halt all exports of unprocessed minerals by the end of the decade, as the West African nation seeks to capture more economic value from its natural resources, African Business has reported.
Today
A rare 9-carat pink diamond goes on display after 100 years of its theft
A rare nine-carat pink diamond, stolen from a French château nearly 100 years ago, has been unveiled to the public for the first time.
Today
Scriptwriters vs. Jewelers
05 march 2008
The scriptwriters’ strike started on November 5 last year threatened to deliver another blow to the U.S. jewelry industry.
America in Minus, Asia in Plus
04 march 2008
Diamond industrialists voiced their vision of the industry state at the Third Diamond Conference in Tel Aviv on February 11-12.
Jewelry Industry in Search of Response to 2008 Challenges
03 march 2008
According to a recent GFMS report, gold jewelry production will fall about 20% in the first half of 2008. GFMS Executive Chairman Philip Klapwijk noted that in 2007 jewelry production had been up 5% despite the 15% price rise for gold (in dollar terms).
From Christmas to Saint Valentine’s Day
28 february 2008
U.S. chain stores reported their worst indicators for January sales since 1970. According to Pam Danziger, President of Unity Marketing, luxury consumers’ attitudes, strongly influenced today by a lack of confidence in the country’s leadership, will translate into cautious spending on luxury indulgences at least through the November elections.
Strategies of Diamond Companies
27 february 2008
A radical change is taking place in the structure of the world diamond market in the third millennium just started. De Beers, the world leader in diamond business, while loosing its one-time monopoly in diamond trade officially announced in July 2000 its new sales policy of Supplier of Choice, or SoC for short.
