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
In Focus: India
23 october 2007
In August – September India was the obvious leader in terms of publications dedicated to the rough and polished diamonds market and the variety of subjects covered in the industrial mass media.
Beneficiation – neologism or necessity?
23 october 2007
Many dictionaries have no Russian translation of the word “beneficiation”. In those, which have, this word is usually interpreted as “ore dressing”. Meanwhile, nowadays it has acquired a broader connotation to mean a range of measures taken by state authorities to obtain maximum added value from processing rough diamonds mined in the country.
Jewellery industry trends
16 october 2007
According to the World Gold Council, in the second quarter of the current year the demand for gold in the jewellery industry hit its record high. It grew by 37% compared with the same period last year and reached $14.5 billion. The identified demand was 922 tons or $19.8 billion, rising by 19% in terms of quantity and by 27% in terms of value against the previous year.
50% of Russian women cannot afford diamond jewellery
16 october 2007
According to Finexpertiza Consulting, the diamond jewellery in today’s Russia accounts for only 15% of the whole market. Another 5% fall at decorations with other gems: rubies, topazes, etc. The greater part of consumers prefers jewellery with semi-precious stones or without them at all.
Challenge of our time: ethical and social responsibility
12 october 2007
All participants of the Western jewellery market to some extent are facing a relatively new problem: the right positioning of one’s company or brand with a view to create a socially and ethically responsible business. The jewellers have to solve two main tasks: to convince public that their business complies with ethical norms and to demonstrate their readiness to act as art patrons and benefactors.
