Starting from September 1, 2026, the term “polished diamonds” will only be applicable to natural stones in Russia,
Read moreThe Gemological Institute of America (GIA) plans to introduce cut grades for marquise-, oval- and pear-shaped diamonds
Read more(Reuters) – A sale of De Beers, Anglo American’s (AAL.L), opens new tab diamond unit, has never been closer,
Read moreSurat: India, as chair of the Kimberley Process (KP), will host an intersessional meeting in Mumbai next week where member countries are expected to debate proposals to expand the definition of “conflict diamonds” amid geopolitical and trade sensitivities.
Read morePrices of fancy-color diamonds slid 0.9% year on year in the first quarter, according to the Fancy Color Research Foundation (FCRF).
Read moreEkati Diamond Mine’s parent company won an extension of creditor protection Monday and approval of up to $60M in interim financing from the Canada Enterprise Emergency Funding Corporation.
Read moreSignet Jewelry stock could shine brighter with Valentine’s Day spending expected to hit a record $29.1 billion, including $7 billion on jewelry purchases.
Read moreUS couples are increasingly choosing lab-grown diamonds for their engagement rings, leading to a virtual “takeover” of the market and a lower average spend in 2025.
Read moreLONDON, Feb 20 (Reuters) – Anglo American (AAL.L), opens new tab posted a $3.7 billion loss on Friday after taking another writedown on its diamonds business, as the miner pushes ahead with plans to shed non-core assets and complete its merger with Teck Resources (TECKb.TO), opens new tab.
Read moreRounds remained the most popular shape for diamond engagement rings accounting for 62% of unit sales – the same share as in 2024. Ovals’ share of 14% was slightly down on the 16% seen in 2024.
Read moreGABORONE, Nov 7 (Reuters) – The mining ministers of Botswana and Angola are set to meet for talks in Botswana’s capital on Friday, as the two Southern African countries seek to take control of Anglo American (AAL.L), opens new tab diamond unit De Beers
Read moreJonathan Oppenheimer, scion of the family that built Anglo American Plc and De Beers into global mining powerhouses, urged the South African government to “get out of the way” of entrepreneurs
Read moreBoth groups tell financial analysts that sales are still growing in the United States
Read moreThe rise of cheaper, lab-made gems is robbing the country of the revenue that’s made its people the richest on the sub-Saharan African mainland
Read moreA “tsunami” in the form of a 50% tariff imposed by the United States is threatening
Read moreShifting Tides in the US Jewelry Market
Retailers are riding the waves that tariffs and geopolitical tensions have stirred up, with independent stores outpacing the big chains.
Read moreA slump in demand has left De Beers floundering — and threatens to frustrate its owner’s plans to sell what was once the titan of the industry.
Read moreAnglo American Plc expects to take a writedown on its De Beers business as plunging diamond sales prompt cuts in output.
Read moreBotswana’s president Duma Boko, who swept to power in October elections, said his government has reached a diamond extraction and sales agreement with De Beers that will bring certainty to the gem-dependent economy.
Read moreBNR’s Big Five
De diamant is het symbool van luxe en exclusiviteit, maar de vraag naar diamanten verandert snel. In India en China worden goedkopere stenen geslepen, en in laboratoria worden diamanten gemaakt die bijna niet meer van echt te onderscheiden zijn. Taxateur Tali Goldstoff haalt de echte briljanten eruit en plakt er een prijskaartje op.
Luister op dinsdag 11 juni om 10.00 uur live naar BNR’s Big Five van de Diamanthandel met Tali Goldstoff.
https://www.bnr.nl/podcast/thebigfive/10380378/diamanthandel-taxateur-tali-goldstoff
Diamond giant cuts prices by over 10% at final sale of year.
Anglo American unit had tried to put floor under prices
Read more(IDEX Online) – The long-awaited deal between De Beers and the Botswana is close to completion, both sides told the Facets 2024 conference in Antwerp today (26 November).
Read moreMOSCOW, Nov 21 (Reuters) – Russia’s Alrosa, the world’s largest producer of rough diamonds by volume, may suspend some production in 2025 and cut staff
Read moreCEO Cook to stop selling synthetic stones as business revamped
Anglo American is preparing to sell or separate De Beers
Read morePost-JCK, some are proclaiming that natural diamonds are “back.” And yes, one can spot some small signs of a revival, including a slight improvement in retail sales. But if a turnaround is coming, it’s still in its early stages, and not everyone has seen it yet. (All the “diamond business is in trouble” headlines probably don’t help.)
Read moreDe Beers to be sold or spun off as part of Anglo restructuring
There’s now uncertainty over how De Beers will operate
Read more