September 15, 2023

G7 to launch Russian diamond ban in bid to curb revenues, Belgium says

A ban on imports of Russian diamonds is expected to be agreed by Group of Seven nations in the next two or three weeks.

September 13, 2023

De Beers ends lab-grown engagement diamonds foray as prices drop

The company expects lab-grown prices to continue to decline as more supply comes into the market.

September 11, 2023

HB Antwerp co-founders clash over gem trader’s future as Botswana deal looms

The government of Botswana said in March that it had agreed to buy a 24% stake in the diamond processor and trader.

September 9, 2023

Alrosa says mines largest gem-quality diamond in Russia in decade

The 390.7-carat diamond was mined at one of the company's mines in the Republic of Sakha.

September 8, 2023

De Beers trusts talks will avoid strike at Venetia mine

The miner has presented a five-year wage deal that should provide greater certainty amid the mine's transition to underground operations.

September 5, 2023

South African union plans wage strike at De Beers’ Venetia mine

South Africa's biggest mineworker union said its members were demanding a 9% wage hike but De Beers was offering a 6% increase.

September 4, 2023

Alrosa starts construction of giant new diamond mine

The project would require estimated investment of 121.5 billion roubles ($1.26 billion), with production to start in 2032.

September 3, 2023

Diamond prices are in free fall in one key corner of the market

An increasing number of Americans are choosing engagement rings made from lab-grown stones.

September 3, 2023

Oxygen “whiffs” play a role in the formation of ore deposits

Oxygen “whiffs" may have changed the earth’s mantle, altering the continental crust's composition and forming ore deposits.

August 30, 2023

India asks US to release funds frozen over suspected Russia diamond link – sources

India has asked the US to release $26 million belonging to at least two Indian diamond firms frozen due to their alleged trade links with Alrosa.