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Online auctions cancelled by world's largest diamond producer - Jeweller Magazine: Jewellery News and Trends

The world’s largest diamond mining company, the De Beers Group, has suspended all online rough auctions for the remainder of the year. ....

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Diamond industry representatives appeal for halting import of rough diamonds amid fall in prices

Additionally the appeal also called for measures to be taken to support the artisans during this period, thereby ensuring that there is no adverse impact on their livelihoods. ....

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Indian traders to stop rough diamond imports for 2 months as demand dips

The Indian diamond trade has decided to halt imports of rough diamonds from major mining companies for two months starting from October 15. This decision comes as the demand for cut and polished diamonds in the US and China has been slowing down. The move aims to reduce the industry s polished stock inventory, protect its financial health, and save jobs for approximately two million workers. ....

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