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...

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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...

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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.

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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.

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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.

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Advertising Gimmicks of Jewelers

16 january 2008

The amount of advertising coming from jewelry stores in 2007 went up about 15%, which was due to the increased number of companies in the market. Along with regional television, one of the efficient channels to promote your brand is to advertise it in the so-called “folksy” newspapers - the “Komsomolskaya Pravda” and “Argumenty i Facty”. Mind it that depending on the required scale of audience coverage, this may be their all-national issues or just provincial inserts.

Young Watchmakers Keeping Abreast with the Times

15 january 2008

A great number of news dedicated to the watch market caught attention in last November-December publications. This was due to a variety of circumstances, which influenced the agile promotion of these products. A traditional annual watch contest was held in Switzerland.

Current Trends in Jewelry Segment

14 january 2008

If you briefly depart from the holidays and cast a glance on the current state of the Russian jewelry market as a whole, you will easily notice that demand is simultaneously influenced by several alternately directed long-term and short-term trends. Objectively, the average Russian wage earner’s income level is gradually rising, although being significantly affected by inflation in recent months.

Moissanite – a High-End Diamond Imitation

28 december 2007

One of the first attempts to imitate diamonds was the world-famous crystals of Swarovski, which managed to win affection and recognition of millions in quite a short time. Daniel Swarovski was the founder of this fashion. His company’s story began when he invented the first electric grinding machine and started to use it for cutting crystal glass to imitate diamonds.

Trends in Pre-New-Year Shopping Boom

27 december 2007

On the brink of the pre-holiday shopping rally there were performed several surveys, which permitted to paint a general portrait of the Russian buyer on the New Year’s Eve. The most highlighted in the press were the results of the poll carried out by Delloitte&Touche CIS.