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Angola generated approximately $1.8 billion in rough-diamond sales in 2025, despite challenging trading conditions. During the year, the country exported 17.2 million carats, up 69% versus 2024, Sodiam, Angola’s state-owned diamond-marketing and sales division, said Monday. Sales volume increased 70% to 17.7 million carats, while sales value rose 21% compared to the previous year. More […]
It marks the third time the country has headed the Kimberley Process. Ghana will serve as vice chair. New Delhi—India will serve as chair of the Kimberley Process in 2026, marking its third time heading the initiative designed to prevent “conflict” diamonds from entering the supply pipeline. The Indian government announced the news via a […]
The year 2025 was marked by economic and geopolitical shocks that proved structurally destabilising. The market will emerge profoundly transformed. Joshua Freedman, Senior Analyst at Rapaport, speaks with Leah Meirovich, Editor-in-Chief of Rapaport, and looks back at the various factors of instability that shook the sector to its foundations. The year 2025 was marked by […]
Record-Breaking Diamonds, the latest in NDC’s Diamond Reports series, explains how advances in technology are fuelling an unprecedented run of spectacular diamond discoveries. To date, only four diamonds (two gem-quality, one near-gem and one carbonado diamond) exceeding 2,000 carats have ever been discovered – and two of those have emerged in the last two years. […]
Will the diamond market experience a positive rebound next year, or will it remain under sustained pressure? Avi Krawitz, journalist and industry expert, and Rob Bates, Editor-in-Chief of JCK Online and author, attempt to answer this question during a podcast available on The Diamond Press. By outlining the different possible scenarios, they assess the factors […]
Petra Diamonds unearthed the 41.82-carat, Type IIb blue diamond at the Cullinan Mine. London—Petra Diamonds Ltd. has recovered a 41.82-carat blue diamond of “seemingly exceptional” color and clarity from South Africa’s famed Cullinan Mine. Petra announced the recovery of the Type IIb diamond on Tuesday but provided few additional details. The mining company, which recently refinanced […]
French jewelry has gained an ambitious new initiative through the Women Entrepreneurs Program, which will support young designers on a training and awareness-raising journey through the heart of the diamond world. Created by Rubel & Ménasché, this program is a strong statement that reinforces the Maison’s core values by promoting a diamond sector that is […]
“True impact is measured by the mark we leave on the lives of others.” These words from Rubel & Ménasché CEO Stephan Wolzok place people at the heart of everything, underscoring the significance of the Maison’s initiatives detailed in its latest Impact Report. It is a statement that embodies the commitment and spirit behind every […]
Disrupted by competition from synthetic diamonds and the slowdown in major markets, natural diamond production has lost momentum, with mine closures becoming unavoidable. As one of the world’s biggest diamond producers, Canada is under severe pressure. Canada’s diamond mines are regularly cited as a model of responsibility within the diamond industry. Many articles and reports […]
Purvi Shah tells Rapaport News her plans for the role, which she will assume on February 7. The Responsible Jewellery Council (RJC) has tapped Purvi Shah for the role of executive director, which has been open since Melanie Grant stepped down in January. Shah will join the organization on February 7 from De Beers, where she is […]
The diamond industry must brace itself for another shakeup as restrictions on Russian supply may be lifted sooner than anticipated. Alrosa’s reintroduction to the market should now be considered an imminent possibility, after President Trump presented a 28-point draft proposal in Kyiv to end Russia’s war in Ukraine. The plan, developed with Moscow’s input, maps […]
In India’s manufacturing heartland, despair has begun to claim the lives of cutters and polishers as sanctions choke supplies and lab-grown stones reshape markets. Our reporters share workers’ firsthand stories. In the narrow lanes of Surat, the rhythmic whir of polishing wheels once sang of precision and prosperity. Today, they hum with unease. Inside dim […]