Industry News
Stories that shape the diamond and jewelry desks — markets, trade flows, and exhibition signals, in chronological order.
16 results
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 material discount. Relevant for any participant monitoring the financial health of junior miners and Canadian rough supply continuity.
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.
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.
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.
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.
2026-05-12
Mountain Province Diamonds recovered a record 2.0M carats in Q1 2026 but realised only $47 per carat, recording a C$65.1M net loss and selling US$1M of receivables to stay liquid.
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.
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.
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.
2026-05-06
Pandora introduced per-stone CO2e disclosure for its lab-grown diamond collection on May 6, labelling carbon as the '5th C' alongside cut, colour, clarity and carat.
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.
2026-05-01
A structural milestone in India's export data: 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.
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.
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.
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.
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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