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Industry News

Curated reports from across the gem trade

Stories shaping the diamond and jewelry trade, covering markets, trade flows, and exhibition developments, with the latest reports shown first.

62 results

US Postpones Deadline for Grandfathered Russian Diamond Imports to September 2027
Supply ChainMarket News

US Postpones Deadline for Grandfathered Russian Diamond Imports to September 2027

2026-08-27

Rapaport reports on a US Treasury decision extending the window for importing certain grandfathered Russian-origin diamonds. Relevant to importers managing legacy inventory and provenance paperwork — read the source for the exact terms.

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Chow Sang Sang Revenue Improves Amid Strong Gold Demand
FinanceMarket News

Chow Sang Sang Revenue Improves Amid Strong Gold Demand

2026-08-27

Rapaport reports on Hong Kong jeweler Chow Sang Sang’s latest half-year performance and the role of gold demand. Useful context for retail trends across Greater China — see the source for the figures.

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Rapaport Intelligence Report: Diamond Industry Takes Stock
Market News

Rapaport Intelligence Report: Diamond Industry Takes Stock

2026-08-26

Rapaport's latest intelligence report assesses where the diamond trade stands heading into the second half of the year. Read the full report for the detailed analysis.

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Alrosa Advances Progress on Diamond-Cutting Cluster in Russia
Supply ChainTech

Alrosa Advances Progress on Diamond-Cutting Cluster in Russia

2026-08-25

Rapaport reports on Alrosa’s progress toward a state-backed domestic cutting and polishing cluster in Russia. Of interest to manufacturers and rough buyers tracking supply-chain shifts — see the source for specifics.

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Qatar Diamond Exchange Partners with Three Asian Bourses
Supply Chain

Qatar Diamond Exchange Partners with Three Asian Bourses

2026-08-23

Rapaport reports on new cooperation agreements between the Qatar Diamond Exchange and diamond bourses in Asia. Read the full article for the parties and terms.

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Yoram Dvash to Head Up Okavango Diamond Company Board
Supply Chain

Yoram Dvash to Head Up Okavango Diamond Company Board

2026-08-20

Rapaport reports on a new board chairman for Botswana's Okavango Diamond Company. Read the full article for the appointment details.

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Gold Climbs to Multi-Month High in Mid-August as Macro Risks Build
FinanceMarket News

Gold Climbs to Multi-Month High in Mid-August as Macro Risks Build

2026-08-19

Precious-metals markets moved sharply in mid-August 2026 on monetary-policy and geopolitical drivers. The recap covers the price action and what pushed it.

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Russia Curbs Open Rough Market, Introduces 8% Export Duty on Diamonds
Supply ChainFinance

Russia Curbs Open Rough Market, Introduces 8% Export Duty on Diamonds

2026-08-18

IDEX Online reports on Russia's move to restructure how its rough diamonds reach export markets and how they are taxed. Read the full article for the specifics and timeline.

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India Releases April–July Gem and Jewellery Export Figures for FY2026-27
Market NewsSupply Chain

India Releases April–July Gem and Jewellery Export Figures for FY2026-27

2026-08-13

India's export-promotion council has published cumulative gem and jewellery trade figures for the opening months of the current fiscal year, with a segment-by-segment breakdown in the release.

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Alrosa Skids to Loss as Weak Diamond Demand Persists
FinanceMarket News

Alrosa Skids to Loss as Weak Diamond Demand Persists

2026-08-11

Rapaport reports on Alrosa's first-half 2026 financial results and the market conditions behind them. Read the full article for the figures.

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Lucara Diamond Reports Second-Quarter 2026 Results
FinanceSupply Chain

Lucara Diamond Reports Second-Quarter 2026 Results

2026-08-07

Lucara Diamond has published its second-quarter 2026 financial and operational results, including recent large-stone recoveries at its Karowe mine. Detailed figures are in the company release.

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GIA to Add Fluorescence Clarification Language to Grading Reports
TechMarket News

GIA to Add Fluorescence Clarification Language to Grading Reports

2026-07-26

Rapaport's Intelligence Report examines fluorescent diamonds and an upcoming change to GIA grading reports expected in Q4 2026. See the source for the data and analysis.

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U.S. Places Indian Gem and Jewelry Imports Under a Section 301 Tariff Regime with a 10% Duty
Supply ChainFinance

U.S. Places Indian Gem and Jewelry Imports Under a Section 301 Tariff Regime with a 10% Duty

2026-07-24

GJEPC's Solitaire reports on the new U.S. Section 301 tariff structure applying to Indian gem and jewelry exports beginning in late July. Read the source for the full scope.

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De Beers Q2 2026: Production Nearly Doubles While Realized Prices Fall
Market NewsSupply Chain

De Beers Q2 2026: Production Nearly Doubles While Realized Prices Fall

2026-07-23

JCK covers De Beers' second-quarter production report, showing sharply higher output alongside lower per-carat pricing. Read the full article for the complete figures.

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India's Gem and Jewellery Exports Rebound in June
Market NewsFinance

India's Gem and Jewellery Exports Rebound in June

2026-07-22

GJEPC data shows a strong year-on-year export recovery for June 2026, including growth in cut and polished diamonds. See the source for the category breakdown.

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Ekati Diamond Mine Heads for Closure After Sale Process Draws No Compliant Bids
Supply ChainMarket News

Ekati Diamond Mine Heads for Closure After Sale Process Draws No Compliant Bids

2026-07-15

Rapaport reports that the sale-and-investment process for Canada's Ekati mine ended without a qualifying offer, moving the operation toward closure. Read the full article for the process detail and figures.

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De Beers Pauses Venetia Mine for Two Years in New Cost-Cutting Round
Supply ChainMarket News

De Beers Pauses Venetia Mine for Two Years in New Cost-Cutting Round

2026-07-13

National Jeweler reports on De Beers' decision to halt production at Venetia, South Africa, for two years, alongside corporate restructuring. Details and timeline at the source.

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Antwerp Posts Higher Diamond Trade Volumes for First Half of 2026
Market NewsSupply Chain

Antwerp Posts Higher Diamond Trade Volumes for First Half of 2026

2026-07-12

Rapaport covers AWDC's half-year statistics for Antwerp's rough and polished trade, showing diverging volume and value trends. Full figures at the source.

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Signs of Firming in Smaller Polished Categories
Market NewsFinance

Signs of Firming in Smaller Polished Categories

2026-07-10

A market commentary examining recent momentum in polished diamonds and what a primary-market pricing move may indicate about sentiment. Useful for purchasing and inventory timing decisions.

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De Beers Realigns Rough Pricing and Narrows Its Sightholder Roster
Supply ChainMarket News

De Beers Realigns Rough Pricing and Narrows Its Sightholder Roster

2026-07-09

Coverage of the changes De Beers made at its July sales cycle to official rough pricing and to the size of its authorized buyer group. Relevant to anyone tracking primary-market supply structure.

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London and Dubai Diamond Bourses Sign Cooperation Agreement
Market News

London and Dubai Diamond Bourses Sign Cooperation Agreement

2026-07-09

Rapaport reports on a memorandum of understanding between the London Diamond Bourse and the Dubai Diamond Exchange. Scope and signatories at the source.

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India–UK Free Trade Agreement Takes Effect for Gem and Jewellery Exports
Market NewsSupply Chain

India–UK Free Trade Agreement Takes Effect for Gem and Jewellery Exports

2026-07-08

Heera Zhaveraat reports on the India–UK FTA coming into force this month and what trade bodies expect it to mean for Indian gem and jewellery exporters. Read the full article for the specifics.

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De Beers Moves Official Prices Toward Secondary-Market Levels
Market NewsFinance

De Beers Moves Official Prices Toward Secondary-Market Levels

2026-07-07

Reporting on De Beers’ decision to reduce official rough prices amid weak demand and synthetic competition. Relevant context for pricing benchmarks and supplier strategy.

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AWDC Conducts First Sale of Traceable Artisanal Diamonds from the DRC
Supply Chain

AWDC Conducts First Sale of Traceable Artisanal Diamonds from the DRC

2026-06-21

Antwerp World Diamond Centre ran an inaugural sale of traceable artisanal goods sourced from the Democratic Republic of Congo. Relevant to provenance and ethical-sourcing strategy.

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Rapaport Intelligence Report Notes Size-Based Divergence in Natural Diamond Demand
Market News

Rapaport Intelligence Report Notes Size-Based Divergence in Natural Diamond Demand

2026-06-18

Mid-June Rapaport market commentary examines how natural diamond demand is splitting by stone size in the US. Relevant for purchasing priorities and inventory mix.

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US Retail Sales Post Further Gains in May
FinanceMarket News

US Retail Sales Post Further Gains in May

2026-06-18

US retail sales rose again in May, extending a run of monthly gains. Relevant as a demand signal for the diamond and jewelry pipeline.

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Swiss Watch Exports Return to Growth in May
FinanceMarket News

Swiss Watch Exports Return to Growth in May

2026-06-18

Swiss watch exports rose in May after a soft stretch, led by several key markets. Relevant as a broader luxury-demand proxy for fine jewelry.

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Mountain Province Diamonds Sells Rough Receivables at a Discount to Fund Operations
Market NewsFinanceSupply Chain

Mountain Province Diamonds Sells Rough Receivables at a Discount to Fund Operations

2026-06-17

Rapaport reports on Mountain Province Diamonds' emergency liquidity transaction, in which the company sold future rough diamond receivables to its majority shareholder at a significant discount. Relevant for any participant monitoring the financial health of junior miners and Canadian rough supply continuity.

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Petra Diamonds Moves to Close Finsch Mine; Union Warns of 1,800 Job Losses
Market NewsSupply Chain

Petra Diamonds Moves to Close Finsch Mine; Union Warns of 1,800 Job Losses

2026-06-15

Rapaport covers Petra Diamonds' plan to place the Finsch mine into business rescue and consolidate operations at Cullinan, with South Africa's National Union of Mineworkers strongly opposing approximately 1,800 planned layoffs across both sites.

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GIA to Introduce Cut Grades for Oval, Marquise, and Pear Diamonds in 2027
Market NewsTech

GIA to Introduce Cut Grades for Oval, Marquise, and Pear Diamonds in 2027

2026-06-14

GIA has announced the introduction of cut grades for oval, marquise, and pear-shaped diamonds beginning in 2027, addressing a long-standing grading gap that has left fancy shape quality assessment without a standardized industry benchmark.

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Chow Tai Fook Reports Record Profit as Hong Kong Jewelry Demand Rebounds
Market NewsFinance

Chow Tai Fook Reports Record Profit as Hong Kong Jewelry Demand Rebounds

2026-06-14

Rapaport covers Chow Tai Fook's fiscal year financial results, showing a strong profit recovery driven by Hong Kong tourism demand and a strategic shift toward higher-margin branded product lines in mainland China.

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De Beers Research: Gen Z and Self-Purchase Drive U.S. Natural Diamond Demand Recovery
Market News

De Beers Research: Gen Z and Self-Purchase Drive U.S. Natural Diamond Demand Recovery

2026-06-11

JCK covers De Beers' 2025 Diamond Acquisition Study, documenting a structural shift in U.S. natural diamond demand toward younger buyers and non-bridal purchase occasions, with average per-piece spending reaching new highs.

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Mountain Province Posts Record 2.0M-Carat Q1 but C$65M Net Loss as Realized Price Falls to $47/ct
FinanceSupply Chain

Mountain Province Posts Record 2.0M-Carat Q1 but C$65M Net Loss as Realized Price Falls to $47/ct

2026-05-12

Mountain Province Diamonds recovered a record 2.0M carats in Q1 2026 but realized only $47 per carat, recording a C$65.1M net loss and selling US$1M of receivables to stay liquid.

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Lucara Reports $21.8M Q1 Revenue as Karowe Underground Project Passes 60% of Total Capex
FinanceSupply Chain

Lucara Reports $21.8M Q1 Revenue as Karowe Underground Project Passes 60% of Total Capex

2026-05-07

Lucara Diamond posted Q1 2026 sales of $21.8 million, down from $30.3 million a year earlier, while Karowe Underground capex reached $472.4 million of a $779.2 million total budget.

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Rapaport Market Comment Flags Mixed RAPI and Resilient US Retail Ahead of Summer Slowdown
Market News

Rapaport Market Comment Flags Mixed RAPI and Resilient US Retail Ahead of Summer Slowdown

2026-05-07

Rapaport's weekly market read shows April RAPI mixed, large 2ct+ goods firm, and US retail solid heading into a seasonally quieter window.

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Anglo American Moves Toward Public-Private Consortium Model for De Beers Sale
Market NewsSupply Chain

Anglo American Moves Toward Public-Private Consortium Model for De Beers Sale

2026-05-07

Anglo American's CEO has outlined a likely consortium sale structure for De Beers, with African sovereign governments (Botswana, Angola, Namibia) expected to hold meaningful stakes alongside private bidders. Full coverage at Diamond World and JCK.

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Pandora Adds Per-Stone Carbon Footprint Disclosure to Lab-Grown Diamond Line
TechMarket News

Pandora Adds Per-Stone Carbon Footprint Disclosure to Lab-Grown Diamond Line

2026-05-06

Pandora introduced per-stone CO2e disclosure for its lab-grown diamond collection on May 6, labeling carbon as the '5th C' alongside cut, color, clarity, and carat.

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Ekati Operator Arctic Canadian Diamond Files for CCAA Protection as Tariffs and Lab-Grown Pressure Bite
Supply ChainFinance

Ekati Operator Arctic Canadian Diamond Files for CCAA Protection as Tariffs and Lab-Grown Pressure Bite

2026-05-04

Arctic Canadian Diamond Company, owner of Canada's Ekati mine, filed for CCAA insolvency protection on May 1, citing tariffs, weak demand and synthetics pressure.

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De Beers Sight 4 Stalls as Buyers Defer; Large-Stone Pricing Faces Resistance
Market NewsSupply Chain

De Beers Sight 4 Stalls as Buyers Defer; Large-Stone Pricing Faces Resistance

2026-05-01

De Beers' Sight 4 (April 27–30) was described by participants as dull and stagnant, with sightholders resisting prices on 5-carat-and-larger rough as polished yield economics no longer justify current asking levels.

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India's Lab-Grown Diamond Exports Surpass Natural-Diamond Exports by Volume
Market NewsSupply ChainTech

India's Lab-Grown Diamond Exports Surpass Natural-Diamond Exports by Volume

2026-05-01

India's export data reached an important milestone: lab-grown diamond export volumes exceeded natural diamonds for the first time in April 2026, per GJEPC trade figures. JCK and Edahn Golan cover the implications.

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Lab-Grown Diamond Wholesale Prices Fall 14% in Q1 2026
Market NewsTech

Lab-Grown Diamond Wholesale Prices Fall 14% in Q1 2026

2026-05-01

Edahn Golan's Q1 2026 report documents continued wholesale price erosion across lab-grown diamond categories, with 3-carat rounds leading the decline. Full data in the linked report.

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Diamond Market K-Shape Deepens: Trophy Auctions Soar While Rough Loses 19%
Market NewsFinanceSupply Chain

Diamond Market K-Shape Deepens: Trophy Auctions Soar While Rough Loses 19%

2026-04-29

The diamond market is bifurcating sharply: Sotheby's Hong Kong logged an 89% sell-through rate in April, while rough prices fell 19% and De Beers cut its sightholder list from 69 to approximately 45 buyers.

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De Beers Q1 2026 Sales Rise 25% as Targeted Price Cuts Drive Volume
Market NewsSupply Chain

De Beers Q1 2026 Sales Rise 25% as Targeted Price Cuts Drive Volume

2026-04-28

De Beers' Q1 2026 consolidated rough diamond sales rose 25% to $648 million after January price cuts on 1–2 carat rough, though average realized prices fell 19% to $101 per carat.

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AWDC: Antwerp Polished Diamond Prices Rise 12% Year-on-Year in Q1 2026
Market NewsFinance

AWDC: Antwerp Polished Diamond Prices Rise 12% Year-on-Year in Q1 2026

2026-04-26

Antwerp's polished diamond prices climbed 12% year-on-year in Q1 2026, while rough prices fell 27% to $72 per carat — a divergence the AWDC characterizes as gradual recovery.

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Diamond Market Stabilizes Ahead of De Beers April Sight; Large Stones Lead Recovery
Market News

Diamond Market Stabilizes Ahead of De Beers April Sight; Large Stones Lead Recovery

2026-04-23

Large, high-quality diamonds are driving market stability as industry participants defer purchases ahead of the De Beers sight scheduled April 27-30, while Angola reports 2025 production rose 8% to 15.2 million carats.

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LVMH and Kering Post Divergent Q1 2026 Jewelry Results
Market NewsFinance

LVMH and Kering Post Divergent Q1 2026 Jewelry Results

2026-04-16

LVMH watch and jewelry sales fell 2% to $2.9B in Q1 2026 due to currency headwinds, while Kering's jewelry revenue rose 14% to $317M, a split that reflects brand-level execution differences within the same macro environment.

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De Beers Sale: Three Bidders Advance Ahead of April 16 Deadline
Market NewsSupply Chain

De Beers Sale: Three Bidders Advance Ahead of April 16 Deadline

2026-04-16

Anglo American's De Beers divestment entered its final bid round with three competing consortia — led by former De Beers CEOs and a diamond trader — and Botswana joining as a stakeholder.

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Rapaport April 16 Weekly: RAPI Mixed as Fancy Shapes Widen Premium Over Rounds
Market NewsFinance

Rapaport April 16 Weekly: RAPI Mixed as Fancy Shapes Widen Premium Over Rounds

2026-04-16

The April 16 Rapaport Market Comment reports continued RAPI weakness in sub-1ct categories (-1.1% to -3.5% for March), with 2ct+ fancy shapes maintaining premium over rounds as buyers remain cautious and order-driven.

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India's Cut and Polished Diamond Exports Fall 8.5% in FY2025-26 as US Market Contracts 45%
Market NewsSupply Chain

India's Cut and Polished Diamond Exports Fall 8.5% in FY2025-26 as US Market Contracts 45%

2026-04-15

India's cut and polished diamond exports contracted 8.52% to $12.16 billion in FY2025-26, driven by a 44.92% collapse in US shipments from tariff pressure, while UAE and Hong Kong partially offset the loss.

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Gold at $4,789/oz as Diamonds Reset: A Commodity Divergence
FinanceMarket News

Gold at $4,789/oz as Diamonds Reset: A Commodity Divergence

2026-04-13

Gold spot price trades at $4,789/oz in mid-April 2026 — up sharply from $2,650 at end-2024 — while the diamond market undergoes a structural reset, creating a pronounced value divergence between the two luxury-adjacent commodities.

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Angola Diamond Revenue Reaches $1.8B in 2025 Despite 29% Price Decline
Market NewsFinance

Angola Diamond Revenue Reaches $1.8B in 2025 Despite 29% Price Decline

2026-04-10

Angola generated $1.8B in diamond sales in 2025, driven by 23.2% production growth, even as average per-carat realized prices fell 29% year-over-year.

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India Polished Exports Plunge 69% in March
Market NewsFinance

India Polished Exports Plunge 69% in March

2026-04-09

March polished exports from India dropped 69% YoY to $166M after returns; rough imports fell 45% to $720M.

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Mountain Province Losses Widen 246%
Market NewsFinance

Mountain Province Losses Widen 246%

2026-04-09

Mountain Province closed 2025 with sales down 42% to $112M and losses widening 246% to $200M.

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Chow Sang Sang 2025 Profit Surges 113%
FinanceMarket News

Chow Sang Sang 2025 Profit Surges 113%

2026-04-09

Chow Sang Sang posted 6% revenue growth to $2.9B in 2025 and a 113% profit surge to $219M, gold-led.

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Fancy Shapes Command Premium in 2ct+
Market News

Fancy Shapes Command Premium in 2ct+

2026-04-09

Elongated fancy shapes outperform rounds in 2ct+; long cushions trade at a 20–25% premium.

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Titan Q4 Jewelry Sales Up 46%
Market NewsFinance

Titan Q4 Jewelry Sales Up 46%

2026-04-09

Titan reported 46% YoY jewelry sales growth in Q4, led by gold and studded categories.

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Petra Diamonds Q3 Revenue Rises 64% to $68 Million; Blue Diamond Drives Cullinan Outperformance
Market NewsSupply Chain

Petra Diamonds Q3 Revenue Rises 64% to $68 Million; Blue Diamond Drives Cullinan Outperformance

2026-04-05

Petra Diamonds posted Q3 (ending March 2026) sales of $68 million, up 64% year-on-year, driven by a 41.82-carat blue diamond from Cullinan and a 40% rise in carats sold, while like-for-like prices fell 15%.

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Grandview Klein Strengthens Operations as De Beers Group Sightholder
#DeBeers#SupplyChain#MarketTrends

Grandview Klein Strengthens Operations as De Beers Group Sightholder

2026-03-15

Grandview Klein, headquartered in New York, affirms its position as a De Beers Group sightholder with expanded manufacturing in Southern Africa.

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Decline in Production at Gahcho Kué: Implications for Diamond Market Stakeholders
#MarketTrends#DeBeers#SupplyChain

Decline in Production at Gahcho Kué: Implications for Diamond Market Stakeholders

2026-03-15

Production at Canada's Gahcho Kué diamond mine, co-owned by Mountain Province and De Beers, has decreased recently.

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Diverging Fortunes in the Diamond Industry: Lucara's Losses vs. Alrosa's Gains
#MarketTrends#Geopolitics#SupplyChain

Diverging Fortunes in the Diamond Industry: Lucara's Losses vs. Alrosa's Gains

2026-03-15

Lucara reports a 35% decrease in profits for FY2025, contrasting sharply with Alrosa's 88% profit surge. The disparity highlights differing market dynamics amid geopolitical tensions.

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Risks of Confusing Synthetic and Natural Diamonds in the Gem Market
#ConsumerEducation#DiamondMarket#SyntheticDiamonds

Risks of Confusing Synthetic and Natural Diamonds in the Gem Market

2026-03-15

Without awareness of differences, buyers may mistakenly purchase synthetic diamonds as natural ones. Such misunderstandings can lead to significant financial discrepancies for consumers.

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US-India Trade Deal: Zero Tariff on Natural Diamonds
FinanceMarket News

US-India Trade Deal: Zero Tariff on Natural Diamonds

2026-02-07

The US-India interim trade framework eliminates import tariffs on loose natural diamonds and colored gemstones from India; finished diamond jewelry set at 18%.

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