The Diamond Press | Diamond Industry

Pressing Matters: One Year Anniversary

Five Forces That Shaped the Diamond Market in 2025

What to Call a Diamond

10 Predictions for the Diamond Industry in 2026

Small collection of rough diamonds being sorted with tweezers.jpg

Diamond Dealers Are Losing Relevance

Tough Love for Botswana

News In Brief

The Bureau of Indian Standard unveiled a new diamond disclosure standard tightening rules on terminology and transparency across natural, laboratory-grown, treated and imitation diamonds...

The Edge Retail Academy, a jewelry industry coaching and insights provider, appointed former vice president Becka Johnson as CEO, with David Brown taking the role of chairman...

India has agreed to assume the chairmanship of the Kimberley Process for 2026, following delays in appointing a successor to the United Arab Emirates’ two-year term...

Titan Company, India’s largest specialty jewelry group, has launched a synthetic diamond brand, beYon, with the opening of its first retail location in Mumbai...

The Government of the Northwest Territories will extend targeted property tax relief for diamond mines into the 2026–27 fiscal year amid continued market volatility, trade disruption and high operating costs...

Kering Group agreed to buy 20% of Raselli Franco Group for EUR 20 million ($23.5 million), with an option to take full ownership by 2032…

US jewelry sales rose 1.6% over the holiday season from November 1 to December 21, according to Mastercard…

Alrosa recovered 29.7 million carats of rough diamonds in 2025, retaining its position as the world’s largest producer...

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Spotlight

10 Predictions for the Diamond Industry in 2026

The diamond market enters 2026 in a state of flux after three punishing years from 2023 to 2025, with sustained pressure across mining, manufacturing, and retail. It does not take a futurist to see that many of the forces behind the downturn remain firmly in place. The question now is how those dynamics evolve as the industry searches for greater stability. To open the year, The Diamond Press sets out 10 developments and themes that are set to define the diamond trade in

Five Forces That Shaped the Diamond Market in 2025

2025 was a pivotal year for the diamond industry. Here are five reasons why it was such a game changer. 1. De Beers Number one was De Beers. The company dominated headlines and shaped the industry narrative as it tends to do. And its impact was felt immediately as the year began with the long awaited signing of the sales agreement between De Beers and the Government of Botswana, five years overdue, mind you. That deal sees more of local Debswana production to be s

Diamond Dealers Are Losing Relevance

Diamond dealers are not disappearing from the rough market, but their role has narrowed as the industry has become more efficient, consolidated, and capital-intensive, according to a discussion on an episode of Diamond Debates with Avi Krawitz. The rough diamond market today bears little resemblance to that of a decade or two ago, Krawitz and Didier Backaert, director of Bonas Group, agreed. Rough now passes through far fewer hands before reaching manufacturing, reducing op

Tough Love for Botswana

At last, someone has advised the Botswana government not to raise its stake in De Beers. As Anglo American prepares to divest from its 85% share in the diamond company, Botswana has signaled its interest in buying some or all of that stake, adding to the 15% it already owns. Until now, it seems that most of those with the president’s ear have entertained the notion that increasing the government’s stake in De Beers is a good idea. Yet Botswana is heading for its third str

Natural Diamonds Are Losing Gen-Z

The discussion between Avi and Matt Gabel of jewelry advisory firm MJ Gabel examined how younger consumers are reshaping the diamond market through their growing embrace of synthetics. The conversation underscored the structural and cultural shifts now redefining both product perception and the retail landscape. These were the key themes that emerged from the debate: Affordability Price, accessibility, and perceived sustainability of synthetics outweigh the legacy appea

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Pressing Matters

One Year Anniversary

In any business, it’s important to recognize milestones, not necessarily as a reason to celebrate one’s accomplishments, but to take stock and reset the benchmarks from which to build. This week marks one year since I launched The Diamond Press. The objective today is the same as it was then: to build a community around clear, insightful analysis of the diamond industry. Looking back, the first year comes with mixed feelings. The community has grown steadily. Traffic to T

Curious About Diamonds

While scrolling through my Instagram feed, I was ambushed by an annoyingly upbeat song that opens with the line, “I’m curious how miners find diamonds.” My first instinct was to ask what, in the name of Chanukah and Christmas, I was listening to. Still, the subject matter forced me to sit through it. The monotonous tune, which the account learningwithlyrics seems to use across its educational videos, paired with what looked like an AI-generated visual, cheerfully walked th

Make Diamonds Sexy Again

Last week’s inaugural episode of Diamond Debates sparked a lively online discussion about the industry’s relationship with today’s consumer. As much as I tried to steer the conversation away from synthetics, the reality is unavoidable. Gen-Z, along with other consumer cohorts, is attracted to the more affordable alternative at its disposal. Overshadowing the discussion, was the disclosure by Signet Jewelers in its recent earnings call, that lab-grown diamonds accounted for

The Conflict Divide

By now we’ve accepted that the Kimberley Process plenary will be remembered more for what it failed to achieve than for anything it managed to do, despite the high hopes going into the Dubai meeting. Chief among those hopes was the expansion of the conflict-diamond definition, which didn’t pass. My understanding is that the debate narrowed to two versions that differed on one key point, whether to include state actors funded by diamond sales for acts of aggression. In the c

A New Way to Talk Diamonds

When I tell people my job is to explain the diamond industry, they usually move through a predictable arc of curiosity. The first step is asking whether there’s enough subject matter to keep me busy, which sends me into a three-hour discourse about the ins and outs of the market. It’s never been a great party trick or pick-up line, but it does grab their attention for a few minutes before they start scouting the nearest drinks station. The truth is the diamond and jewelry w

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