A Spotlight on Botswana Diamonds: A Success Story For Natural Diamond Production
In 2023, Botswana stood as the leading global producer of diamonds in terms of value and the second largest in terms of volume. Renowned for their remarkable size, Botswana diamonds play a crucial role in enhancing the country’s infrastructure, contributing…
De Beers Group Is Ready for New G7 Diamond Import Regulations
De Beers Group confirms its readiness for the new G7 diamond import requirements, aided by a collaboration with Sarine Technologies for diamond provenance. TL;DR: De Beers Preparations For The New G7 Regulations De Beers Group CEO prioritizes traceability systems, ensuring…
Diamond Producers Dismayed By G7’s Russian Diamond Ban
The World Federation of Diamond Bourses (WFDB) has issued a public statement urging the G7 nations and the European Union to reconsider the potentially irreversible market consequences of the Russian diamond ban. This ban has been imposed as part of…
France Decrees Lab Diamonds Are Synthetic Diamonds
The French government’s decision to enforce the use of the term “synthetic” for lab-grown diamonds raises questions about consumer understanding and acceptance, sparking a captivating debate on the future of the diamond industry.
Anglo American Might Write Down the Value of De Beers in 2024
New chapter for De Beers as Anglo American announces a major write-down in 2024, signaling shifts in the diamond industry; read on to discover what's next.
Time to Tackle the Chinese Diamond Industry’s Pre-Pandemic Challenges
As members of the esteemed diamond industry, we stand united at a pivotal juncture. Our collective journey forward necessitates a proactive engagement with the sector’s pre-pandemic challenges. Beyond the recent upheavals, we must address the economic fluctuations that have long…
Why You Need to Screen Every Diamond That Comes Into Your Business
While much discussion about lab-grown diamonds has centred on the question of whether they’re taking market share from naturals, less has been said about lab-growns possibly infiltrating the mined diamond supply chain. The diamond trade needs to adapt to the…
Lab-Grown Diamonds: Disrupting the Diamond Industry
Lab-grown diamonds are revolutionising the diamond industry by offering identical stones at a lower price. With recent advancements in technology, these diamonds can be grown in a matter of weeks and are about two-thirds the price of mined diamonds. In…