Latest updates for Diamonds &Amp; Economy

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Recent items include:

  • Businesses adapt as diamond industry evolves
  • Botswana seeing soft recovery in diamond demand, mines minister says
  • De Beers makes deep diamond price cuts for shrinking buyers club

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miningweekly.com /3 weeks ago

Businesses adapt as diamond industry evolves

As the natural diamond industry continues to navigate a challenging period, businesses across the pipeline are adapting to changing market conditions, evolving consumer behaviour a...

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miningweekly.com /3 weeks ago

Botswana seeing soft recovery in diamond demand, mines minister says

Botswana is seeing a soft recovery in diamond demand in key consumer markets such as the US and China, its mines minister Bogolo Joy Kenewendo said on Tuesday, in part supported by...

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miningweekly.com /1 week ago

De Beers makes deep diamond price cuts for shrinking buyers club

De Beers has made some of the deepest ever cuts to its official diamond prices, potentially signaling an end to its years-long campaign to hold them well above the market rate. The...

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globalnews.ca /18 hours ago

Jobs hang in the balance as Ekati diamond mine in N.W.T. closing early

Canada's diamond mines were never going to operate forever, but the industry's decline has been accelerated by the growing popularity of lab-grown diamonds and U.S. tariffs.

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miningweekly.com /1 month ago

Gem Diamonds reports lower sales volumes, but higher prices for the first quarter

Diamond miner Gem Diamonds recorded revenue of $32.1-million for the quarter ended March 31, supported by the sale of large, high-value diamonds recovered at its LetsМЊeng mine, in...

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thehindubusinessline.com /1 month ago

Sparkle over gold: Men’s diamond jewellery shines despite soaring gold prices

The men’s jewellery market registered 30% growth last year and the market has tripled since 2020; Once restricted to weddings, men already account for 15% of the total jewellery ma...

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aljazeera.com /1 month ago

Botswana diamond slump hits miners living on the edge of survival

Botswana’s diamond-driven economy is under mounting strain as global demand weakens and production falls.

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newzimbabwe.com /1 month ago

Against all odds, Zimbabwe bets big on diamonds amid global industry challenges

Chinedu Okafor l The Business Insider ZIMBABWE, via its state-owned miner, intends to produce more diamonds this year than it did the previous fiscal year, despite challenges in th...

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dailymail.com /2 days ago

De Beers shuts flagship diamond mine for two years as prices for the precious stones slump

De Beers, whose gems are worn by singer Rita Ora (pictured), said it is pausing operations at its Venetia mine for two years to cut costs.

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businesstoday.in /1 month ago

As gold loses lustre, silver and lab-grown diamonds drive new growth

Gold prices: Changing consumer preferences and volatile gold prices are redrawing India's gems and jewellery export landscape. As buyers become more price-conscious, silver jewelle...

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blog.dubaicityguide.com /3 days ago

DMCC Announces Record $41.7bln In Diamond Trade Through Dubai In 2025

DMCC, the leading international business district that drives the flow of global trade through Dubai, today announced that Dubai’s total diamond trade reached an all-time high of U...

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jewelleryfocus.co.uk /1 month ago

Queensmith sees lab-grown diamonds reach record 87% share of sales

Luxury jeweller Queensmith reports dramatic shift away from natural stones as economic uncertainty drives demand for value

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miningweekly.com /2 weeks ago

Sky Park streamlines De Beers’ diamond journey in South Africa

From the moment rough diamonds arrive from mine operations to the point they are presented for sale, diamond miner De Beers’ Sky Park facility, in Gauteng, has become the central p...

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miningweekly.com /1 month ago

Petra places Finsch mine in business rescue, takes further steps to cut costs

Amid continued weakness in the diamond market, London-listed Petra Diamonds has decided to place its Finsch mine, in South Africa, in business rescue in order to protect the overal...

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artfulparent.com /3 weeks ago

Lab-grown diamonds — chemically identical and often flawless — can be produced in a Chinese reactor in roughly two weeks...

Inside Henan Province, microwave plasma reactors grow gem-quality diamonds in about two weeks for a few hundred dollars — chemically identical to mined stones and quietly dismantli...

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miningweekly.com /1 month ago

Former AfDB president Adesina appointed Diamonds for Development Fund chairperson

The Botswana government and De Beers have announced the appointment of former African Development Bank (AfDB) president Dr Akinwumi Adesina as chairperson of the Diamonds for Devel...

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thenextweb.com /1 month ago

De Beers weaponises blockchain to fight lab-grown diamonds, but a 45% price crash looms large

The natural diamond industry has a problem it cannot see with the naked eye. Lab-grown stones are now virtually identical to mined gems, they cost a fraction of the price, and the...

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jamaicainquirer.com /1 month ago

Botswana diamond slump hits miners living on the edge of survival 

Orapa, Botswana – It is a year since Motshwegwa Rakhudu lost his job after 14 years working as an installer at Debswan...

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africanews.com /3 days ago

De Beers to pause work at S.Africa's largest diamond mine

De Beers announced Monday it will pause production at South Africa's largest diamond mine for two years to reduce costs while trading conditions remained tough

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allafrica.com /3 weeks ago

Botswana: Mining Costs High Amid Challenges in the Global Diamond Market

[Botswana Daily News] Orapa -- Debswana Diamond Company chief operations officer, Mr Koolatotse Koolatotse has underscored the need to manage the cost of production at mines amid c...

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miningweekly.com /4 weeks ago

De Beers CEO sees sale of diamond firm in 'weeks not months'

A sale of De Beers, Anglo American's diamond unit, has never been closer, its CEO said on Tuesday, adding that a deal could come within weeks. Anglo put De Beers - one of the worl...

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miningweekly.com /1 month ago

NUM warns of 1 700 job loss risk as Petra’s mines enter business rescue

Trade union the National Union of Mineworkers (NUM) has condemned the decision by London-listed Petra Diamonds to place the Finch diamond mine in Kimberley under business rescue an...

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miningweekly.com /1 day ago

NUM expresses strong disapproval of jobs cuts by De Beers in South Africa

Labour union the National Union of Mineworkers (NUM) has strongly decried the plans announced by multinational diamond company De Beers and De Beers Sightholder Sales South Africa...

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newsnblogs.com /6 days ago

Precision Under Pressure: The Materials Science and Mechanical Reality of Industrial Diamond Tools

The contemporary construction, demolition, and infrastructure sectors operate under strict demands for efficiency and structural precision. On any modern job site, crews routinely...

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Sources covering Diamonds &Amp; Economy

blog.dubaicityguide.com

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aljazeera.com

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allafrica.com

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artfulparent.com

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feeds.feedburner.com

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globalnews.ca

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