Rough Diamond News

  • Diamond Slowdown: Expansion at Gahcho Kue is "Paused"
    on 15 February 2026 at 5:00 am

    Mountain Province Diamonds (MPD) say it has "paused" plans for a key expansion that would have prolonged the life of its Gahcho Kue mine in Canada's Northwest Territories. MPD, together with De Beers, its joint venture partner, say "current market...

  • Angola's Annual Diamond Output to Hit 17.5m carats
    on 12 February 2026 at 6:00 am

    The Angolan government says it aims to increase annual diamond production to 17.5m carats in 2027, after a record output last year of 14.0m carats. Endiama, the state-owned diamond company, said it was planning a significant expansion in its activities...

  • Angola's Annual Diamond Output to Hit 17.5m carats
    on 12 February 2026 at 6:00 am

    The Angolan government says it aims to increase annual diamond production to 17.5m carats in 2027, after a record output last year of 14.0m carats. Endiama, the state-owned diamond company, said it was planning a significant expansion in its activities...

  • India's GJEPC to Join Natural Diamond Council
    on 10 February 2026 at 6:00 am

    India's Gem and Jewellery Export Promotion Council (GJEPC) is to join the Natural Diamond Council (NDC). It is due to become an NDC member by 1 May, once agreement has been reached over the details of its financial contribution....

  • Botswana's Diamond Stockpile Hits 12m Carats
    on 9 February 2026 at 7:00 am

    Botswana is stockpiling almost twice as many diamonds as the limit set by its government. It has accumulated 12m unsold carats because it cannot sell its rough at a fair price amid ongoing weak demand. The government's allowable inventory level....

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