News

Antwerp’s diamond industry is demanding “decisive support” from the government after rough diamond imports dropped by 35% due to G7 sanctions on Russia, according to IDEX Online.. The Antwerp World ...
African diamond producers are advocating for the adoption of the Authentia platform, which enhances diamond origin tracking, urging G7 nations and the Kimberley Process to support it, as reported by ...
2024 posed significant challenges for the diamond industry, forcing companies to reevaluate their strategies, pivot their focus, and redefine diamonds as genuine luxury items.In a recent analysis, ...
De Beers is reportedly sitting on its largest stockpile of diamonds since the 2008 financial crisis, according to the Financial Times, as cited by IDEX Online.. The company now holds an estimated $2 ...
The African Diamond Council (ADC) has announced plans to adopt Authentia.io, a blockchain-powered traceability platform, to enhance transparency and accountability in the global diamond trade, as ...
Russian mining giant Alrosa reported a 4.6% decline in diamond production for 2024, with total output falling to 33 million carats of rough diamonds, down from 34.6 million carats the previous year, ...
India is ramping up efforts to set up its own Diamond Verification Center, which could begin operations as early as next year, alongside existing centers in Antwerp and Botswana, Diamond World ...
When was the company established? I have been a member of the Israel Diamond Exchange for over 40 years. My career began as a broker, working extensively in the diamond trade. Later, I transitioned ...
De Beers CEO Al Cook predicts the natural diamond market will gradually recover later in 2024, despite ongoing challenges, as reported by Diamond World. Cook made these comments at the JGW exhibition ...
Following complaints from traders about lengthy customs clearance times, which previously exceeded a week, the Diamond Office in Antwerp reports a “dramatic decrease” in delays, IDEX Online reports.
Diamond prices fell by 3.12% in July, following declines of 2% in June and 1.02% in May, according to the IDEX Price Index, reported by IDEX Online. This is the sharpest price drop so far in 2024.
De Beers will stop manufacturing lab-grown diamonds for its Lightbox brand, IDEX Online reports. CEO Al Cook announced this change at JCK in Las Vegas, while parent company Anglo American seeks a ...