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India’s exports of G&J rises 9.8%; polished diamonds up 10.2% in FY17

India’s exports of Gems and Jewellery increased 9.85% to $43.16 bn in FY17 (provisional data in April 2016 to March 2017) vis-a-vis $39.24 bn in FY16 (April 2015 to March 2016). Gross exports of cut and polished diamonds in FY17 increased...

Today

Debswana begins processing Cut 8 ore – report

Debswana, a joint venture company between De Beers and Botswana government, has begun processing ore from the $3 billion expansion of its Jwaneng diamond mine, known as Cut 8.

Today

Fancy color diamond price index slightly up in Q1 2017

The Fancy Color Diamond Index for the first quarter of 2017 indicates pricing stability across most fancy color diamond categories. The main exception was blue fancy color diamonds, which saw a 1.9% price increase in the first 3 months of 2017, continuing...

Today

Firestone Diamonds boosts Q3 Liqhobong output to 103,000 ct

Firestone Diamonds said it produced 103,000 carats during the third quarter of its fiscal year, including 31 special stones larger than 10.8 carats, from Liqhobong mine in Lesotho.

Yesterday

Mountain Province sales of Gahcho Kué diamonds in Q1 drop below expectations

Mountain Province Diamonds reported that its diamond sales from the Gahcho Kué project fell below expectations during the first quarter ended March 31, 2017.

Yesterday

A New Diamond Industry

10 january 2017
(paulzimnisky.com) - From the diamond industry's over-speculation on new consumer demand in China and India, to the resulting financial consequences and pressure on the industry to be more transparent, to shifts in generational consumer and cultural demand, and the advancement of lab-diamond production technology, the esoteric diamond industry has never been more interesting to observe and challenging to predict. The future of the diamond industry hangs on the follow-through of structural changes that have been prompted by the challenges faced and the opportunities presented above. In recent years three primary forces have been shaping a new diamond industry: 1) a new operating discipline, 2) a new generation of consumers, and 3) new technology. All of these forces impact all of the segments of the diamond industry, from mine to retailer.

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