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Belgian diamond companies Diarough and Pluczenik have joined former De Beers CEO Gareth Penny’s bid for the miner as the deadline nears for making an offer, Rapaport News has learned. The two Antwerp-based manufacturing and trading businesses would provide a financial investment in return for a stake in De Beers, sources with knowledge of the matter told Rapaport […]
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 […]
Alrosa CEO Pavel Marinychev met with members of the Smolensk regional leadership to discuss expanding the country’s diamond-cutting industry, as well as launching a training program. The meeting with Smolensk region Governor Vasily Anokhin and Deputy Chairman of the region government Pyotr Ilyukhun took place at natural-diamond cutting factory Kristall, which belongs to the Alrosa […]
News in Brief: The Rapaport View: The market had been anticipating a De Beers write-down since Anglo flagged two weeks ago that it was considering this. However, the scale is at the higher end of expectations. Anglo gave two main reasons for the decision: A “prolonged shifting of customer preference between natural diamonds and lab-grown diamonds” as […]
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, […]
Experts from India weigh in the politics, policies, and market dynamics for diamantaires to monitor in 2026 and beyond. Mumbai – We are just two months into 2026, and it has been a roller coaster ride already. The unpredictability unleashed by continuing political and economic turbulence globally has reached new heights. This uncertainty could not […]
Mayank Jain, CEO of DiaDNA, was interviewed by Joshua Freedman for the Rapaport Diamond Podcast about the new traceability technology his company has brought to market. This major innovation, addressing a key concern for the industry, could significantly enhance transparency regarding the origin of diamonds. Analyzing the Diamond’s Atomic Structure DiaDNA has developed a fully […]
During a Diamond Debates session hosted on his Diamond Press platform, Avi Krawitz invited Feriel Zerouki to address the following question: “Is the diamond industry over-regulated?” In response, Zerouki—former De Beers executive and current President of the World Diamond Council (WDC)—offered a nuanced perspective, pointing to a disordered accumulation of rules, frameworks and requirements that […]
In one of the latest Rapaport podcasts, analyst Joshua Freedman interviews Randy Cole, CEO of Diamond Vault of Troy, an independent jeweler based in Troy, Michigan, offering both natural and lab‑grown diamonds. Cole examines the clientele for each segment, with findings that are sometimes surprising. Although he values the rarity and authenticity of natural stones, […]
The prospective sale of De Beers was clearly on the minds of attendees at this week’s Mining Indaba conference, with Anglo American CEO Duncan Wanblad calling the process “relatively far advanced,” an Angolan minister discussing what his country wants, and former De Beers chief Gareth Penny (pictured) spelling out his ideas for the company. Wanblad […]
Diamond analyst Paul Zimnisky examines how provenance, traceability and transparency are quietly reinforcing the natural diamond industry’s case for rarity, value and relevance. While the natural diamond industry has languished in a multi-year slump, the trade has quietly been making steady progress with potentially pivotal transparency initiatives. The concept of universally providing consumers with provenance data (and […]
This launch marks the first time that GemFair’s ethically sourced, artisanal-mined diamonds are featured in jewellery, bringing their story of supporting livelihoods to consumers De Beers Group is pleased to announce a collaboration between GemFair, the company’s programme to help formalise the artisanal and small-scale diamond mining (ASM) sector, and its luxury jewellery brand, De […]