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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 […]
De Beers Group has debuted Origin, its new branded polished-diamond line, at retail stores in the North American market. The product allows jewelers to share the unique story of each De Beers-sourced diamond with consumers, the company said Thursday. Using Tracr, De Beers’ blockchain platform, the new label offers complete end-to end transparency and verified […]
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 […]
At an event Friday night in New York City, De Beers introduced Desert Diamonds—which it calls its first new “beacon” in years—to a group of influencers, celebrities, trade people, and journalists. Sandrine Conseiller, CEO of De Beers Brands, and Sally Morrison, De Beers’ natural diamonds lead, spoke with JCK about the new campaign, how it was dreamed […]
“It’s not just about jewelry, but about a vibrant heritage of the power and beauty of the Earth,” David Kellie, Natural Diamond Council CEO During Paris Haute Couture Week, Natural Diamond Council (NDC) published a new report on the rare nature of colored diamonds, in partnership with the Choron Group and the Fancy Color Research […]
“Beyond these chaotic rocks and ramparts that make up the citadel, and which silently descend all the way down, the outer wall of the city – the crenellated wall maintained by the Nizam – snakes off into the distance as it continues to draw the outlines of what was Golconda, Golconda of the marvelous diamonds.” […]
De Beers has stripped around 10 sightholders of their rough-diamond allocations for 2025 and is planning to offer fewer goods overall, market insiders told Rapaport News on Sunday. Those companies will retain their sightholder status, but the miner will not give them a consistent allotment of supply because they did not buy enough in 2024, the sources […]
Botswana’s outgoing President Mokgweetsi Masisi made quite an impression when he was introduced to the diamond industry at the 2019 JCK Las Vegas show. Just one year in office, the well-spoken leader proved to be an eloquent and powerful advocate for natural diamonds. He told the American audience about the impact their industry has on […]
Three antique diamond necklaces have exceeded their high auction estimate. These pieces are more than mere jewels; they bear witness to our history and to a unique jewelry art. Diamonds are appreciated not only for their beauty, authenticity and incomparable shine, but their rare nature has always made them an investment object throughout the ages. […]
Geopolitical and economic forces are disrupting the industry, but there’s opportunity to be had in the decline of retailers’ synthetic margins, diamond-jewelry resale and a $72 trillion inheritance boom. The diamond markets are in crisis as we enter a period of great transformation. While it is important to remain optimistic, we must also be realistic […]
Rapaport Magazine breaks down the leading options on the market, from physical tracers to user-driven blockchains. Technology firms have been tackling the challenge of diamond traceability for many years. Now that interest in tracking systems is growing, tech providers are pushing their solutions, which tend to fall into three categories: systems that match the diamond […]
The drop in diamond recoveries is a response to market conditions, but also a reflection of diminishing prospects for viable new mines. Diamond miners are postponing sales and reviewing their production plans amid the weak market environment. “We have taken the proactive decision to defer the upcoming August-September tender from our South African operations, to […]