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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Manufacturers, Vendors and Designers (July-August 2007)

20 september 2007

Tiffany is the leading vendor and manufacturer in terms of created and used newsbreaks. The Company has recently declared opening its third boutique in Nago, Japan in late autumn. On opening that boutique, the number of Tiffany & Co. stores in Japan will achieve 54.

Market Trends. July-August 2007

19 september 2007

Middle of July was marked by acceptance of questionnaires (so-called profiles) from pretenders to joining the programme of Diamond Trading Company – Supplier of Choice-2. Filling-out a profile was almost an impossible task for many of them.

Blue Topaz. The Problem of Irradiated Jewels

19 september 2007

This July and August witnessed the American jewellery industry to face a serious problem. The US Federal Nuclear Regulatory Commission (NRC) turned its attention to the problem of irradiated jewels, first of all blue topaz.

Pirated Goods in the Luxury Goods Market

19 september 2007

The problem of pirated goods held a prominent place in publications of English-language media in this July and August. In this case, the question is pirated goods in the general sense of the word: from forged trademarks to forged classes of goods and even falsification of materials, of which they are made.

Key Events in the Market (July-August 2007)

19 september 2007

Within the framework of reorganisation of the World Federation of Diamond Bourses (WFDB), its Managing Director was appointed for the first time. On 18 July, Ernest Blom, President of the WFDB stated that he would be replaced by Michael Vaughan.