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
Diamond Industry of China
27 december 2007
At present, the Chinese diamond cutting industry is concentrated in three clusters: Shandong (5,000 cutters), Guangdong (12,000 cutters) and Shanghai (2,000 cutters). There are giant factories with up to 4,000 workers.
Homo Glamorous and “New Russians’” World
25 december 2007
Shoes worth half a million dollars, a gold toothbrush, diamond-bestrewn underwear… What is it? Is it Russia in the epoch of “crimson jackets” or the wild 1990s long passed into oblivion? The answer is negative, because these strange products are dated 2007.
Diamond Brazil
24 december 2007
The discovery of gold in the province of Minas Geraes (translated as “General Mines”) in the 17th century unleashed a real hunt for precious metals in this area of Brazil. Gold and diamond mining turned to be a decisive turning point in the country’s economy.
Promotion of Jewelry Brands in October-November
21 december 2007
Aber Diamond Corporation declared its intention to be listed on the New York Stock Exchange on November 19 under the name of Harry Winston Diamond Corporation. Its common stock will begin trading on the New York Stock Exchange under the new abbreviation “HWD”.
Mini-TIFFANY
19 december 2007
In mid-October, TIFFANY & CO. announced the launch of new-format stores in the American market starting from 2008 under the working name TIFFANY & CO. COLLECTIONS. Those will be smaller sized stores occupying not more than 2,000 gross square feet each (approximately 186 square meters).
