January 2, 2018

Diamond prices were okay in December, not so good throughout 2017

Rapaport says that following a better-than-expected holiday season, polished diamond prices stabilized in December 2017.

January 1, 2018

Diamond sorter to jail for $500K theft

Major loss for Zimbabwe Consolidated Diamond Company.

December 28, 2017

Venezuela backs its new cryptocurrency with 5 billion barrels of crude

Venezuelan President Maduro shocked the market in early December when he followed China's 'petro-yuan' futures announcement by making headlines of himself proclaiming a new national cryptocurrency - the 'Petro' -…

December 21, 2017

Graff buys another giant diamond from Sierra Leone

With this purchase, Graff Diamonds says it has acquired, cut and polished the majority of the top 21 largest stones of the 21st century.

December 21, 2017

U.S. sanctions Israeli billionaire Gertler over Congo deals

US Treasury said Gertler has used his close relationship with the country’s president, Joseph Kabila, to amass a fortune through corrupt and opaque deals.

December 20, 2017

#OnlyinCanada: Homeless man helps recover lost diamond ring

A homeless youth who got a 14-carat gold ring with square-cut diamonds by mistake. What happened later is almost unbelievable.

December 20, 2017

Value of top 50 mining companies surge $140 billion in 2017

More than half the 2017 combined market cap gains for the world's largest listed miners accrued to just five firms as gold producers drop out of top 10.

December 19, 2017

20% increase in rough diamond revenue despite waning consumer demand

While long-term diamond demand may be slowing, this year rough-diamond prices experienced positive turn-around and prices of polished diamonds stabilized.

December 18, 2017

Pastor who found giant diamond in Sierra Leone to get less cash than promised

The government says the cleric violated the Mines and Minerals Act.

December 18, 2017

2018 global diamond industry primer

2017 has been a year of excess inventory shifting from the upstream segment of the diamond industry to the mid-stream segment.