Yoram Dvash: Industry unity, producer leadership and marketing investment key to natural diamond's future

The natural diamond industry is navigating a period of significant transition, but there are increasing signs that the foundations for a stronger and more positive future are being built, according to the World Federation of Diamond Bourses (WFDB)...

29 june 2026

AWDC: First fully traceable artisanal diamonds from DRC sold on the international market in Antwerp

In a historic milestone for the diamond industry, fully traceable, artisanal diamonds from the Democratic Republic of Congo have been sold on the international market for the very first time in Antwerp. Below, Ine Tassignon, AWDC spokesperson, provides...

22 june 2026

Natural diamonds most desired luxury jewellery, Gen Z spending double baby boomers, reveals De Beers report

Natural diamonds remain the most desired jewellery item among US consumers, with Millennials and Gen Z driving demand value and spending, according to De Beers Group’s The Diamond Report, which draws on the biannual Diamond Acquisition Study of 18,500...

15 june 2026

Edahn Golan: India’s lab-grown diamond exports surpass natural diamonds by volume, yet value gap widens

India’s diamond industry has reached a historic turning point. In March and April 2026, the volume of lab‑grown diamond exports overtook that of natural diamonds, with lab‑grown stones accounting for 51% and 50.4% of total export volume respectively...

01 june 2026

Dr M’zée Fula-Ngenge: Kimberley Process failing Africa

The Kimberley Process (KP) is failing Africa, and the world's definition of a “conflict diamond” is a moral and legal absurdity, according to the African Diamond Council (ADC) chairperson M’zée Fula-Ngenge. The following exclusive...

18 may 2026

Surat diamond sector may not resume production just yet; seeks financial help from Government to pay minimum wages

15 april 2020

With the lockdown extended till May 3, India’s Surat diamond sector has sought financial assistance from the government to pay minimum wages, as per media reports.
Dinesh Navadiya, regional chairman of Gems and Jewellery Export Promotion Council (GJEPC) said: "While wages for March have been paid in full, there has been no revenue during the lockdown which has now been extended till May 3. But some workers have not gone back to their native states and need to be paid minimum wages at least. Hence, we have made a representation to the government seeking financial assistance for the same.”
With exports at a standstill and half its migrant workforce having gone back to their home states, the Surat diamond sector is not ready to resume cutting and polishing operations. Most of the units are more or less lying idle currently. It is said that around 220,000 to 250,000 migrant workers have left and the rest have stayed back since they have now settled in the diamond city with their families.
Industry leaders say that it is currently not feasible to resume operations. As many unit owners hardly have enough to survive themselves, paying wages is becoming impossible unless the government extends support.

Aruna Gaitonde, Editor in Chief of the Asian Bureau, Rough & Polished