Rough Diamond News

  • India's Voluntary New Code on Lab Grown Terms
    on 1 January 2026 at 3:00 pm

    The Indian government has, from today (1 January 2026), introduced a voluntary standard concerning suitable terms to describe lab grown diamonds. The Bureau of Indian Standards (BIS) says the move is designed to enhance consumer transparency...

  • Diamond Slump Hits Botswana's GDP
    on 30 December 2025 at 3:00 pm

    Botswana's government is forecasting a contraction of almost 1 per cent in its economy for 2025, amid an ongoing slump in diamond sales. "The macroeconomic outlook for the whole of 2025 remains fragile, with GDP projected to contract by 0.9 per cent...

  • Government Extends Tax Relief for Diamond Mines
    on 30 December 2025 at 4:00 am

    Diamond miners in Canada's Northwest Territories (NWT) are to receive an additional year of tax relief in a bid to ease financial pressures and protect jobs. The NWT government announced (on 22 December) that it would be extending the property tax ...

  • Alrosa Unearths Bauble and Puppy Diamonds for Christmas
    on 29 December 2025 at 4:00 am

    Miners at Alrosa unearthed two "Christmas diamonds" - one shaped like a bauble, the other like a puppy. Both rough gems were found at the Severalmaz processing plant, part of the Lomonosov deposit, in Arkhangelsk region, northwestern Russia. The diamond ...

  • India to Chair KP, Ending Year-Long Impasse
    on 28 December 2025 at 3:00 am

    India is to chair the Kimberley Process (KP) from 1 January 2026, ending more than a year of politically fraught deadlock. The UAE chaired KP for a second year during 2025 - an unusual occurrence - after members failed to agree on a successor at the...

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