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…
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.
De Beers Slashes Prices Amid a Crushing Sales Slump
Battling a sales slump, De Beers cuts diamond prices—what will this mean for the luxury market?
New Sanctions on Russian Diamonds Will Change the Global Trade in Gems
New sanctions on Russian diamonds promise to revolutionize the gem trade; but how will the industry adapt to this seismic shift ?
G7s Russian Diamond Restrictions: How India Will Manage the New Mechanics of the Global Diamond Trade
Discover how India is adapting to G7s Russian diamond restrictions and shaping the future of the global diamond trade.
Revival of Indian Diamond Industry: Resuming Rough Diamond Imports From December 15th, 2023
In a decisive move signaling a promising future, India’s gems and jewellery sector is poised to revive its cornerstone – the diamond industry. As of December 15, 2023, the industry will end its strategic pause on rough diamond imports, a…
G7’s Russian Diamond Restrictions: India Navigating the Shifting Landscape of the Global Diamond Trade
December 7, 2023 In a world where the sparkle of diamonds often overshadows the complexities of their trade, recent developments involving the Group of Seven’s (G7) restrictions on Russian-origin diamonds have brought a new dimension to the global gem and…
Rapaport Urges G7 Leaders: Close Russian Diamond Sanctions Loophole
In response to current geopolitical tensions, the Rapaport Group has issued a compelling call to action directed at G7 leaders. With a clear stance in support of Russian diamond sanctions, the group has emphasized the necessity of implementing robust measures…