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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Diamond Market Trends

16 august 2007

Market participants foresee that the reduction of rough diamond supply along with De Beers’s decision to decrease next year the number of siteholders will force companies in the retail jewelry sector to establish alliances and lead to further takeovers and mergers.

Russian market of precious metals and stones

15 august 2007

In Russia according to the Union of gold miners, in the first quarter of 2007 domestic companies cut back gold mining and production against the similar period of last year by 6%, to 21 047.6 kg. Meanwhile gold mining went down by 6,8%, to 16 810,4 kg, by-product production by 8,8%, to 3043,9 kg.

Gold: general trends

15 august 2007

According to the World Gold Council (WGC) in the first quarter of 2007 the demand for gold at the world gold market grew by 4% up to 831,7 tons, which is in money terms equal to the growth of 22% up to 17,377 billion US dollars.

Manufacturers, Sellers, Designers

15 august 2007

Among manufacturers and sellers in terms of the number of newsbreaks and financial results top positions are obviously occupied by Tiffany. The company that long ago became one of the integral parts of the USA’ collective image this year will celebrate its 170th anniversary.

Challenge of time: moral and social responsibility

14 august 2007

All participants of the Western jewelry market in a varying degree face a relatively new problem of properly positioning their companies or brands in terms of the creation of an image of socially and morally responsible business. Jewelers have to meet two challenges: to convince the public that their business complies with moral principles and show their willingness to patronize the arts and take part in charities.