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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, […]
Lucara profits for FY2025 are down 35%. Petra Diamonds losses for the year are up by 67%. And Mountain Province net losses for the first nine months of the year are up by almost 600%. Against that dismal backdrop, Alrosa, the sanctioned Russian miner, has just posted an 88% surge in profits. What on earth is going on? Headline figures rarely tell the whole story, and Alrosa is a case in point. The truth is that Alrosa is […]
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 […]
During the 16th edition of the Prix National Jacques Lenfant, candidates were followed for the first time by a France Télévisions film crew throughout their week of competition. The resulting documentary sheds unprecedented light on the journey, commitment and talent of these young participants—virtuosos already shaping the future of French fine jewelry. Five days. Six […]
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 diamond market is increasingly shaped by a pronounced divide between natural diamonds and lab‑grown diamonds, with the latter proving particularly appealing to Generation Z. During a discussion between Avi Krawitz and Matt Gabel, diamond expert and representative of the family-owned firm MJ Gabel, several key aspects of this shift were examined. The exchange explored […]
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 […]
Extraordinary colored diamonds, old‑cut stones with imperfect charm, iconic signatures, and gems originating from depleted mines: the diamond market is evolving toward ever greater selectiveness and singularity. Between price regulation and the rise of online sales, today’s collectors prioritize rarity, quality, and a search for meaning. Balancing emotion and strategy, Violaine d’Astorg, Head of the […]
The brands’ high jewelry collections performed especially well last year despite a challenging environment. Paris—LVMH’s full-year sales declined as the luxury giant navigated a challenging environment, but its jewelry brands held their own. “I think we’ll make it through the winter,” said LVMH Chairman and CEO Bernard Arnault on an earnings call Tuesday afternoon [Jan. […]