Rough Diamond News

  • Petra Recovers Huge 41.82-ct Blue Diamond
    on 13 January 2026 at 4:00 pm

    Petra Diamonds today (13 January) announced the recovery of a huge 41.82-carat Type IIb blue diamond at its Cullinan Mine, in South Africa. The UK-based miner described the stone as being of "seemingly exceptional quality in terms of both its colour and...

  • Angola Diamond Revenue Surges as it Sells Stockpiles
    on 13 January 2026 at 9:00 am

    Angola's diamond revenue surged by 21 per cent during 2025, up from $1.49bn to $1.8bn as it opted to sell off stockpiles from its Luele and Catoca mines, rather than wait for a recovery. The state diamond company Sodiam, which acts as the country's sole...

  • Antwerp Trade Falls 23% in 2025, but Shows Signs of Recovery
    on 13 January 2026 at 6:00 am

    The value of Antwerp's trade in rough and polished diamonds fell by 22.8 per cent last year, down from $24.5bn to $19.1bn, according to the Antwerp World Diamond Centre (AWDC). That's less than half the post-Covid 2022 peak of $41bn. But the AWDC...

  • IMF: "Bottlenecks" Hindering Botswana's Post-Diamond Future
    on 12 January 2026 at 5:00 am

    Botswana's reliance on diamond revenue has contributed to the "bottlenecks" that are now hindering private sector growth and diversification, says the IMF. In a newly-published report, Addressing Growth Bottlenecks in Botswana, the International...

  • De Beers Confirms Bids from Botswana, Angola and Namibia
    on 11 January 2026 at 1:00 pm

    De Beers has confirmed that Botswana, Angola and Namibia have expressed interest in acquiring equity in the company, along with a number of unnamed business groups. But CEO Al Cook, in an interview with the Reuters news agency last week, declined...

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