Rough Diamond News

  • Lab Grown Demand could Triple by 2032
    on 1 October 2025 at 4:00 am

    Demand for lab growns - both gem quality and industrial - could reach $100bn by 2032, says the Dubai Multi Commodities Centre (DMCC). That would be more than three times current demand, estimated at around $30bn annually. Around 80 per cent of...

  • Alrosa's $240m Plan to Dig Deeper at Udachny Mine
    on 30 September 2025 at 1:00 pm

    Alrosa is to invest RUB 20bn ($240m) digging deeper to extend the life of the vast underground Udachny mine, just outside the Arctic Circle, until at least 2055. Mining will eventually take place more than 1km below the surface, extracting 4.1m tonnes of ...

  • Botswana: Zero Sales in Emergency 1m-carat Tender
    on 28 September 2025 at 6:00 am

    Okavango, Botswana's state-owned diamond company, failed to sell a single stone in an unprecedented "emergency" tender of 1m carats last Thursday (25 September). The auction was aimed at raising revenue for the government, which had been severely hit by ...

  • Botswana and Angola in Race for De Beers
    on 25 September 2025 at 11:00 am

    Botswana aims to secure a majority stake in De Beers, and to do so by the end of October, according to the country's president, Duma Boko. In a separate, but related development, Angola says it has formally submitted a bid to buy a minority stake in the...

  • Jared Film Marks Launch of Blockchain Collection
    on 18 September 2025 at 6:00 am

    Jared Jewelers yesterday (17 September) premiered a documentary film charting the mine-to-finger journey of a natural diamond, marking the launch of its first traceable diamond collection. Jared, part of the Signet group, commissioned ...

This website uses cookies. By continuing to use this site, you agree to their use.