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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 […]
Larger diamonds with J grades and down are gaining popularity among wealthier US consumers. What’s driving the craze? Large diamonds in low colors are a hot market in the US. The Rapaport Intelligence Report asks why. The trend represents an important shift in how higher-end consumers perceive diamonds. Those seeking 2.50-carat and larger goods are […]
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 […]
The new edition of Tiffany & Co.’s legendary Blue Book offers a high jewelry collection that elevates classic themes of flora and fauna, showing a garden’s hardest workers—bees, birds, and butterflies—in extravagant gemstone form. Tiffany will release this year’s Blue Book in three phases: spring, summer, and fall. The spring Blue Book, titled “Hidden Garden,” […]
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. […]
Kering’s jewelry and watch category saw “outstanding” growth in the first quarter, despite a difficult geopolitical environment. Revenue from the group’s recently formed Kering Jewelry division, which also includes watches, grew 14% year on year on a reported basis, coming to a record EUR 269 million ($317 million) for the three months that ended March […]
The contrast between the performance of the retail jewelry sector and diamond mining revealed in the recent round of earnings is striking. At retail, Watches of Switzerland said its Roberto Coin business delivered an excellent US holiday season. Swatch Group noted that Harry Winston had a record month in December, while Birks Group reported comparable-store […]