Angolan diamond cooperatives resume exploration

Angola has allowed 16 diamond exploration cooperatives to resume their operations that were halted last September during the country’s "Operation Transparency", according to local news reports.

15 february 2019

Petra Diamonds may take 5-10 years to clear Cullinan debt – report

Petra Diamonds, which acquired the Cullinan mine from De Beers in 2008, said it will take between five and 10 years from the opening of the new section to clear the debts related to the South African mine.

15 february 2019

No need for gemologists at DTC Botswana, Okavango Diamond – official

Botswana does not need gemologists at Diamond Trading Company Botswana (DTCB) or Okavango Diamond Company (ODC) as they are not involved in polishing and cutting of diamonds, a government official has said.    

15 february 2019

GJEPC presents The Artisan Jewellery Design Awards 2019

The Gem&Jewellery Export Promotion Council (GJEPC) presented The Artisan Jewellery Design Awards 2019 powered by GIA (Gemological Institute of America) and co-partnered by the DPA (Diamond Producers Association) on Feb 13, the...

15 february 2019

‘Qatar Show’ embraces evolution and growth for the 2019 edition

Organisers of the Qatar Show have announced the 16th edition of the exhibition, which will be held between 20 and 25 February at the Doha Exhibition and Convention Center (DECC).

15 february 2019

Diamond Sector Outlook – Entering a growth and disruption phase

21 january 2019

(ABN AMRO) - In this publication: The diamond industry has moved from a relatively stable environment to a highly uncertain environment. 2018 was the year that De Beers launched its lab-grown diamond jewellery. 2019 and the years ahead will see lab-grown diamonds for jewellery entering the growth phase. This has serious consequences for the actors in the diamond industry. Natural diamond buyers such as retailers, consumers and jewellery manufacturers) will likely de-stock and hold less inventory. This will result in lower demand for natural diamonds and weigh on prices. Miners will rethink their strategy in light of uncertainty about natural diamond demand, and questions about the value of a diamond. Lab-grown diamond producers will probably focus on technology to become less energy dependent, or use more sustainable energy sources, to increase the product suite and lower prices for the lab-grown diamonds used in jewellery. Consumers will profit from the wider variety of diamonds at more attractive prices.