You Searched For "largest diamond producer" and got 18 results
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4 mins read
India's diamond sector faces major crisis amid plummeting imports, exports, and massive job losses
According to the think tank data, a 24.5% drop in rough diamond imports from USD 18.5 billion in 20…
2 mins read
China's population decline is having a big impact as marriages, diamond sales, and retail spending drop
Just 3.4 million couples in China got married in the first half of 2024, a 50% decline from what wa…
Jennifer Sor
2 mins read
The diamond industry is in trouble as it loses its sparkle in China
Diamond prices have sunk by about 30% since 2022. China's declining marriage rates and embrace of l…
Joshua Zitser
3 mins read
Diamantaires stand to lose a fifth of their revenues as roughs get dearer
The war in Ukraine has impacted the sourcing of rough diamonds across the world. While most of this…
2 mins read
The US is reportedly rethinking plans to ban Russian diamonds amid industry pushback
Sources told Reuters that US officials had pulled back from working on measures to certify gems are…
Jennifer Sor
2 mins read
Diamond sales are back after miners froze the market to boost collapsing prices
Still, the industry isn't back on its feet as sales have been directed to a few buyers, and some of…
Aruni Soni
1 min read
Russia is the world's largest producer of diamonds. I toured a mine in Siberia that produced 1.4 million carats of diamonds in 2018 - here's what it was like.
Within Russia, diamond company Alrosa is the world's largest producer of diamonds by volume, having…
Katie Warren
3 mins read
A 'major loophole' is allowing Russian seafood and diamonds to bypass US sanctions, causing retailers to enforce their own bans
Instead of taking advantage of the loophole, major jewelry retailers like Tiffany and Signet have c…
Hannah Towey
2 mins read
An unknown buyer used $4.3 million in cryptocurrency to buy a billion-year-old space diamond from Sotheby's
The Enigma is an extremely rare, black 555.55-carat diamond. It was sold to an unidentified buyer w…
Natasha Dailey
2 mins read
Billions of dollars of unsold diamonds are piling up around the world because no one wants to buy jewels in the middle of a pandemic
The five largest diamond producers have perhaps stockpiled "excess inventories" of about $3.5 billi…
Shalini Nagarajan
3 mins read
Meghan Markle's engagement ring has a diamond from the second biggest supplier of conflict-free diamonds - here are the best countries to buy diamonds from
"Choosing a diamond from Botswana speaks to Prince Harry and Meghan's shared commitment to social a…
Hillary Hoffower
2 mins read
Anglo American's diamond business is getting crushed
The London based miner also saw falls in production in many of its other commodities. Nickel produc…
Will Martin
3 mins read
The market for diamonds is totally messed up right now
"Diamonds production increased 25 per cent year-on-year, with higher volumes at Argyle from the con…
Linette Lopez
2 mins read
Changing millennial attitudes are forcing the world's biggest diamond miner to sell lab-grown gems, something it said it would never do
Lab-grown diamonds have a very similar appearance to mined diamonds. The stones are made from a tin…
Mary Hanbury
1 min read
I followed the months-long journey of a Russian diamond, which starts out hidden in ore in Siberia and travels more than 6,000 miles before becoming a store-ready gem
On a recent trip to Russia, I got the chance to follow the journey a diamond takes, from an open-pi…
Katie Warren
1 min read
A day in the life of a Russian diamond miner in Siberia, who wakes up at 5:30 a.m., spends 9 hours a day in the mine, and gets 76 vacation days per year
On a recent trip to Russia, I had the chance to tour Alrosa's facilities and meet Nogovitsyn, who h…
Katie Warren
4 mins read
You Can Now Turn Dead People Into Diamonds
Each sample of ashes is first chemically analyzed. Frank Ripka, Algordanza's CTO, said this is an e…