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Diamond analyst Avi Krawitz, founder of The Diamond Press, has launched a new quarterly report and an exclusive members’ group to facilitate industry conversation. The Diamond Executive Report, a paid product, offers financial analysis, industry reporting and proprietary datasets, Krawitz said in a statement Wednesday. The inaugural edition, titled “The Value of De Beers,” examines […]
NDC said in an open letter that Pandora’s statements about the carbon footprint of lab grown versus natural diamonds are inaccurate. A lab-grown diamond necklace by Pandora. The Natural Diamond Council has taken issue with Pandora’s recent claims about the carbon footprint of lab-grown diamonds versus natural. London—The Natural Diamond Council published a letter Thursday addressed to […]
The Kimberley Process (KP) intersessional meeting was held in Mumbai from May 11 to 14 around themes uniting the industry, such as compliance with international standards and consumer confidence. However, certain more sensitive issues aimed at broadening the definition of “conflict diamonds” have yet to gain the desired traction. The meeting was chaired by India’s […]
India’s diamond sector has reached a notable milestone, with lab-grown stones exceeding naturals in export volume, as reported by industry analyst Edahn Golan. In both March and April 2026, shipments of lab-grown diamonds (LGD) from India surpassed those of natural diamonds, marking what Golan describes as “a major shift, arguably a tectonic one, but not a doomsday scenario” for […]
Botswana is reaching a critical turning point for its economy, which has long been fundamentally dependent on the diamond market, a market now facing an unprecedented crisis. What was once a major strength is increasingly becoming a structural vulnerability. The country is therefore exploring the different ways it may eventually reduce this dependence. A weakened […]
The upturn in diamond trading through Antwerp does not signal a global market recovery, but a modest restoration of activity in the city. That’s partly due to strategic structural measures implemented in 2025, as Karen Rentmeesters, CEO of the Antwerp World Diamond Centre (AWDC), stressed in a recent press release. But it’s also the result […]
Despite the buzz over digital diamond tracking, today’s customers value honest conversations more than flashy devices. The diamond industry, which is notoriously averse to change, is facing a new challenge when it comes to documenting a stone’s provenance: a lack of interest from customers. A 2024 report from McKinsey & Company declared that “diamond producers should continue […]
In some sense, it was a historic week for the diamond industry, as Rio Tinto announced the closure of the Diavik mine in Canada. The significance of the announcement is threefold. First, it marks the end of a consistent source of supply. The mine was launched in 2003 and yielded around 153.8 million carats over […]
The diamond mining sector has come under pressure, not only as market conditions have weakened but as investors have grown more cautious about its prospects. It has become increasingly difficult for diamond mining companies to secure financing, with implications for the entire pipeline, as one member of The Diamond Press community wrote in an email. […]
On April 8, World Diamond Day (WDD) gave natural diamonds the date they had been missing: a global rendezvous now set to become a unifying moment for all those who express their commitment to them. World Diamond Day was conceived by the World Diamond Heritage Board, founded and led by Frenchman Nicolas Chrétien, and subsequently […]
Angola’s declaration of its 2025 diamond production and exports highlights just how much the rough market has changed. Today, five groups shape the diamond market: De Beers, Alrosa, Angola, Okavango Diamond Company and the tender houses. That marks a clear shift from its historic structure. De Beers (in)famously controlled supply for about a century, largely […]
Guidelines require producers to offer reasonable prices and assortments. South Africa’s diamond regulator has introduced new guidelines requiring rough producers to offer their goods to local buyers on more attractive terms. Miners in the country already have to make 10% of their run-of-mine rough available for the State Diamond Trader (SDT) to purchase. After that, […]