Rough Diamond News

  • Putin Claims De Beers Wants Closer Cooperation With Russia
    on 31 October 2026 at 11:00 am

    Russian president Vladimir Putin claims De Beers wants closer cooperation with Russia. He made the statement at the third Russia-Africa summit, on October 28, according to TASS, Russia's state-owned news agency, although there has been no ...

  • Government Rescue Plan for South Africa's Diamond Industry
    on 29 October 2026 at 1:00 pm

    South Africa has established a government-industry task team to identify measures to help struggling diamond producers, as falling rough-diamond prices, competition from lab growns and global inflation threaten mines and jobs. The intervention comes ...

  • Natural Diamond Industry at 'Defining Moment,' says DMCC Chairman
    on 27 October 2026 at 12:00 pm

    The natural diamond industry is at a "defining moment", according to DMCC executive chairman Ahmed Bin Sulayem. He called for coordinated action to restore consumer confidence, create new sources of value and address pressures extending well beyond ...

  • Lab Growns Drive 73% of IGI Certification Revenue Growth
    on 27 October 2026 at 6:00 am

    Lab grown diamonds accounted for nearly three-quarters of International Gemological Institute's (IGI) certification revenue growth in the second quarter (to September 30), highlighting the company's growing reliance on the segment. Certification revenue from ...

  • Rio Tinto Diamond Output Falls 68% after Diavik Closure
    on 26 October 2026 at 4:00 am

    Rio Tinto's diamond production fell 68% in the first nine months of 2026 after its Diavik mine in Canada's Northwest Territories exhausted its economically recoverable reserves and ceased mining in March. The mining group recovered 1.074 million carats ...

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