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Natural Diamond Council Names New CEO

The Natural Diamond Council (NDC) has appointed Amber Pepper to succeed David Kellie as CEO from February 1, 2026. Pepper brings to the group years of experience in commercial growth and digital innovation, the council said last week. She has held senior positions at fashion and retail labels, including Tapestry, Farfetch, and Harrods. Most recently, […]

Namibia Now Says It Wants De Beers Stake

Namibia’s cabinet has voted on a proposal for the country to take a stake in De Beers, according to a report in the Namibian Sun. The newspaper said Namibia was interested in acquiring as much as 10% to 15% of the company, possibly in a consortium with Angola and Botswana, which have both expressed interest in […]

Angola Diamond Production Grows Beyond Expectations

Output at Angola’s diamond mines grew in the first half of the year, exceeding their expected targets. In total, the country produced 6.8 million carats for the period, according to state-owned diamond miner Endiama. Output from the Catoca mine increased more than 40% above its expected range, while the Luele deposit recorded growth of 35% compared to […]

Kimberley Process Fails to Expand Conflict-Diamond Definition

The Kimberley Process (KP) failed to reach a consensus on broadening the definition of conflict diamonds at last week’s plenary in Dubai, according to industry organizations. “While not unexpected, it is obviously a massive disappointment for civil society that, once again, the KP has failed to expand the conflict-diamond definition,” said Jaff Bamenjo, coordinator of […]

China Removes Diamond Sector’s Tax Discount

The Chinese government has stripped the country’s main diamond exchange of its preferential tax treatment. From November 1, importers of polished diamonds through the Shanghai Diamond Exchange (SDE) will no longer enjoy a heavily reduced rate of import value-added tax (VAT), according to documents the country’s State Tax Administration (STA) released last week. Since 2006, […]

Inside PAD London’s 2025 Jewelry Galleries

London’s best art and design fair featured plenty of stunning natural diamonds. London’s premier design and art week kicked off today with the opening of PAD London in the ritzy neighborhood of Mayfair. Each year, close to 30,000 people arrive at the temporary pavilion that may look like a tent to passersby, but inside holds […]

India’s Jewelry Trade Calls for Reforms to Boost Sector

India’s Gem & Jewellery Export Promotion Council (GJEPC) presented a host of policy recommendations to support the industry at a meeting with the country’s prime minister, Narendra Modi. GJEPC chairman Kirit Bhansali called for modernization of India’s Customs Act 1962, which grants the government powers to collect import duties. His recommendations include implementing a risk-management […]

CIBJO Mulls Whether to Call Lab-Grown Diamonds “Synthetic”

CIBJO, the World Jewellery Confederation, says it’s reexamining the question of what to call lab-grown diamonds, but contrary to some reports, it hasn’t made any decisions on the matter yet. Last month, in a special report published on CIBJO’s website, Udi Sheintal, head of the organization’s diamond commission, argued that CIBJO’s Diamond Blue Book should no longer […]

De Beers’ Production, Sales Increase in Q3

De Beers also announced more changes in its upper ranks ahead of parent company Anglo American’s pending sale of the company. Trucks at the Orapa mine in Botswana. Botswana was the key driver of De Beers Group’s third-quarter production increase, with production ramping up ahead of planned maintenance in the fourth quarter. London—De Beers Group […]

Turning Point for the Diamond Industry

The diamond industry finds itself at a pivotal moment in its history, as it faces mounting macroeconomic challenges, geopolitical tensions and evolving consumer expectations. Brought together by industry expert Avi Krawitz for a roundtable discussion during the CIBJO Congress held in Paris in late October, leading figures from across the sector explored the obstacles and […]

The first Grand Prix de la Haute Joaillerie 2025 awarded to Chanel

Monaco, October 25, 2025 – For its first edition, the Grand Prix de la Haute Joaillerie (GPHJ) brought together the greatest Maisons – Anna Hu, Boucheron, Bvlgari, Chanel, Chopard, Dior, Dolce & Gabbana, Louis Vuitton, Martin Katz, Messika, Tiffany & Co. – represented by their leaders and their muses, creators, major collectors from all over the […]