News

Diamonds face a baseline 10% import duty to the U.S. — a market accounting for over half of the global demand for polished diamonds. The tariff uncertainty comes at a time when the luxury ...
The Keck family, owners of the Duhme Jewelry Company, purchased the Taylor diamond and had it cut and polished for display in the company’s large store on Fourth Street. From Kenny’s Illustrated ...
In terms of demand for polished diamonds, ... Notably, Lucara Diamond Corp. also recovered two large gem-quality diamonds during the quarter, weighing 1,080 carats and 692 carats respectively.
A large part of the world's supply of diamonds comes from Russia. The U.S. and Europe may try to cut off the revenue the country is raising from the gems given the war in Ukraine.
Rio Tinto unveiled one of the largest diamonds ever found in Canada in late 2015, the exceptional 187.7ct Diavik Foxfire diamond. The gem-quality rough appeared at a private preview in Kensington ...
Amid weakened demand from the key consuming nations, exports of cut and polished diamond (CPD)  are estimated to decline by 22 per cent USD 17.2 billion in the financial year (FY) 2024, said ...
Given the favourable demand outlook, coupled with large additions of capacities, LGD exports are expected to cross $3 billion by FY26. Global diamond jewellery market was around $80 billion in ...