Top Stories
How Flawed Diamonds Got Their Mojo Back
Round SIs were among the biggest victims of last year’s crash. Here are four reasons the trend is reversing.
Lulo Mine’s Rough-Diamond Resources Surge
New material is equal to eight years of production, according to Lucapa.
Most Popular
Hot Topic: US Sanctions On Russian Diamonds
Where Are All the Russian Diamonds?
Alrosa goods are still flowing into certain countries, but the details are hazy.
Industry
May 4, 2023
Rapaport Statement: US Customs Issues Problematic Guidelines
Includes “Russian Source” diamonds substantially transformed (i.e. cut) outside Russia.
Russian sanctions
March 5, 2024
Podcast: Russia, Sanctions and the Diamond Market
Industry consultant Robert Wake-Walker analyzes what we know and what we don’t about the G7 rules.
Industry
February 8, 2024
Industry Groups Voice Concerns over G7’s Russian Sanctions Plan
WFDB, WDC, GJEPC and IDMA believe the suggested process will cause “irreparable harm” to rest of trade.
Industry
February 29, 2024
Alrosa Sales Rise Despite Sanctions
Profit fell in 2023; miner withholds information on location of customers.
Mining
February 29, 2024
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Market Comment - Mar. 14, 2024
Market quiet amid seasonal slowdown in US and China.
Round prices steady, with RapSpec A3+, 0.30 to 1 ct. SIs improving and IF-VVS qualities slower. Prices of fancies falling.
Indian dealers cautious about offering credit.
Shipment delays at Antwerp customs due to G7 sanctions, with 146 Belgian companies signing complaint to AWDC.
De Beers Feb. rough sales -13% YOY to $430M, year to date -15% to $804M.
The Knot says 46% of engagement-ring center stones in 2023 were synthetic diamonds, up from 12% in 2019.
Chow Sang Sang 2023 revenue +21% to more than $3.2B as Hong Kong and China end Covid-19 restrictions.
Men and women flaunt natural diamonds on Oscars red carpet.