【India】India Moves to Establish a Local Diamond Verification Center

Editor’s NoteIndia is advancing plans to establish its own Diamond Verification Center, potentially operational by next year, positioning it…

De Beers Initiates Largest Price Cut in History: Is There a Bottom for Diamond Prices?

Editor’s NoteThis article discusses a significant price adjustment by De Beers, reflecting broader market pressures in the diamond industry. De Beers…

Fading Diamond Market… De Beers Also Kneels [Raw Materials Focus]

Editor’s NoteDe Beers has implemented its steepest price cuts in years for rough diamonds, a move reflecting sustained market pressures and aimed at…

【Antwerp, Bel】G7 Announces Botswana as Second Verification ‘Node’ for Rough Diamonds

Editor’s NoteThe G7 has designated Botswana as its second certification point for rough diamonds, a move that leverages the country’s role as the…

【Dubai, UAE】UK Statement Following Kimberley Process Plenary in Dubai

Editor’s NoteThis report details how Russia used procedural rules to block discussion of its war in Ukraine at a key diamond industry forum,…

【Antwerp, Bel】Antwerp’s Diamond Sector in Deep Crisis: What’s Next for the Industry?

Editor’s NoteThis article examines the severe downturn in Antwerp’s diamond trade, citing a 38% drop in rough diamond imports and expert warnings of…

【Antwerp, Bel】Is Antwerp Still the Diamond Capital? The Diamond Trade on the Brink of Collapse in the Flemish Metropolis

Editor’s NoteThis article highlights a critical downturn in Antwerp’s diamond trade, with imports of rough diamonds plummeting by 38% in a year,…

【Surat, Gujar】Crisis Grips Surat’s Diamond Industry After Sanctions on Russian Diamonds, Congress Urges Central Government

Editor’s NoteThis article highlights the cascading economic effects of the Russia-Ukraine conflict, focusing on the severe unemployment crisis facing…

【Antwerp, Bel】Belgian Office of Russian Diamond Giant Alrosa Goes Bankrupt

Editor’s NoteThis report details the closure of Alrosa’s Belgian office due to expanded EU sanctions, highlighting its immediate impact on the…