The high demand for jewelry and a decline of up to 20% in global diamond mining volumes compared to levels recorded 5-6 years ago will drive the industry’s growth, according to Sergey Takhiev, Head of ...

Botswana anticipates a significant economic rebound and projected growth of 3-4% in 2025, according to a senior government official, as reported by Diamond World. This forecast follows a challenging ...

Mining giant Rio Tinto reported strong performance in 2024 but also noted a decline in diamond production, according to a report by Rough & Polished. According to the report, diamond production at the ...

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 ...

Mining giant BHP is reportedly gearing up to make another takeover bid for rival Anglo American, according to the Sunday Times, as cited by IDEX Online. In April 2024, BHP proposed acquiring Anglo ...

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, ...

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, ...

An estimated 157.2 million American consumers plan to shop on the upcoming Super Saturday, the peak of the holiday shopping season, according to a new survey by the National Retail Federation (NRF) ...

Gem Diamonds has announced its second recovery of a +100-ct diamond in less than two weeks, according to IDEX Online. The UK-based miner unearthed a 118.74-carat Type II white diamond on April 28, ...

Jewelry purchases are on the rise in the U.S., with consumers ramping up their spending, according to diamond analyst Edahn Golan. This renewed interest drove a 7.4% increase in revenue compared to ...

De Beers has upheld its 2024 production guidance, targeting 23 to 26 million carats, as the midstream continues to manage elevated inventory levels and recovery timelines remain extended, according to ...