Rough Diamond News

  • India-US Trade Deal could Wipe Out Tariffs
    on 15 January 2026 at 9:00 am

    India and the US are reportedly edging towards a trade deal that could wipe out the 50 per cent tariff on natural diamonds. Sergio Gor, the new US ambassador to India, said both sides were actively engaged on trade deal negotiations during his trip to Delhi...

  • Venezuela Upheaval could Unlock Diamond Reserves
    on 15 January 2026 at 4:00 am

    Political upheaval in Venezuela could unlock the country's long-dormant diamond reserves. Estimates of the country's deposits vary widely. In recent years the Venezuelan government has claimed there are 1,020-1,295m carats across the vast Orinoco Mining..

  • 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...

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