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

DRC suspends Chinese cobalt mine after environmental spill

10 november 2025

The Democratic Republic of Congo (DRC) has ordered a three-month suspension of operations at a Chinese-owned mining site following an environmental spill that affected residential areas in the south of the country, Reuters reports.

Mines Minister Louis Watum reported the move last Thursday against Congo Dongfang International Mining (CDM), a unit of China's Zhejiang Huayou Cobalt, after travelling to the city of Lubumbashi to assess the damage.

He said on X that the company does not meet basic environmental standards, which is causing water pollution and exposing the local community to serious health risks.

The minister mandated that CDM must "fully repair the environmental damage, ensure the remuneration of its staff, [and] compensate the affected populations."

He said that an investigation into the incident would be conducted and that the suspension could be extended if necessary.

DRC is the world's largest producer of cobalt, accounting for over 70% of global supply.

The government had previously frozen cobalt exports in February in an attempt to support prices, only lifting the ban in mid-October to resume shipments under a quota system.

Mathew Nyaungwa, Editor-In-Chief, Rough & Polished