Diamond Industry Blog – Monopoly, Blood Diamond, Lab & Child Labour Insights

Botswana and Angola Want De Beers What That Means for Blood Diamond Accountability in 2026

A Historic Moment for the Diamond WorldFor more than a century, De Beers has been synonymous with diamonds and, for many, synonymous with controversy.From its origins in colonial South Africa to its dominance over the global rough diamond trade, De Beers ...

Sotheby’s Hong Kong Jewellery Auction 2026 – HKD 257M Sales, 89% Sold

Strong Results Signal Resilient Luxury DemandThe latest High Jewellery auction held by Sotheby’s in Hong Kong delivered impressive results, achieving a total of HKD 257 million (approximately $33 million USD) with an 89% sell-through rate.These figures re...

Pink Diamond Rolls-Royce Wraith Spotted in Dubai: A $20 Million Luxury Statement

A One-of-a-Kind Luxury Spectacle in DubaiDubai is no stranger to extreme luxury, but a recent sighting has pushed boundaries even further a Rolls-Royce Wraith covered in pink diamonds, reportedly valued at around $20 million.Spotted cruising through the c...

For Gen Z, Lab-Grown Diamonds Are Forever (2026 Consumer Shift Explained)

A New Diamond Narrative: From Legacy to LifestyleFor decades, diamonds symbolized tradition—reserved for weddings, anniversaries, and heirloom collections. That narrative is now being reshaped by Gen Z, a generation that values immediacy, individuality, a...

Largest Blue-Green Diamond Gets $13M Price Tag at Christie’s

What Makes the Ocean Dream Unique?At the center of global attention is the Ocean Dream, a gemstone that stands apart even in the elite world of rare diamonds. Certified by the Gemological Institute of America, it is officially the largest fancy vivid blue...

Why the Diamonds Monopoly Changed: Inside De Beers’ Supplier of Choice Strategy

IntroductionThe global discussion around diamonds and monopoly has historically centered on De Beers. For much of the 20th century, the company was closely associated with centralized control over diamond supply, shaping how diamonds were priced, distribu...

UK Life Sciences Competitiveness Under Pressure: A Porter’s Diamond Analysis (2025)

Introduction: A Sector at a Turning PointIn 2025, the UK life sciences industry experienced a series of major investment setbacks. AstraZeneca paused a £200 million expansion in Cambridge, Merck & Co (MSD) withdrew a planned £1 billion research hub in Lon...

Introduction: The Growing Confusion Around Ethical DiamondsModern diamond buyers are more informed and value-driven than ever before. Many want jewellery that reflects not only beauty but also ethical responsibility.Yet despite this awareness, determining...

Lab Grown Diamonds vs Natural Diamonds: The Ultimate Comparison Guide (2026)

Introduction: Understanding Lab Grown vs Natural DiamondsDiamonds have long represented love, luxury, and lasting commitment. Today, buyers have more choice than ever, with lab grown diamonds and natural diamonds both widely available.While they look iden...

Angola Boosts Diamond Output to Counter Price Slump and Protect Market Lead

Angola Expands Production Amid Falling Diamond PricesAngola, Africa’s largest diamond producer, is taking a counterintuitive approach to the ongoing downturn in global diamond prices. Instead of cutting supply, the country is increasing production to prot...

De Beers Child Labour Allegations vs. Official Policy: What Research Shows (2026 Analysis)

De Beers maintains a zero-tolerance policy on child labour, supported by strict supplier standards and audits. However, research shows that risks still exist in indirect supply chains, especially in artisanal mining sectors, making enforcement complex rat...

Ginza Diamond Shiraishi Hong Kong Showcases Craftsmanship and Design in Diamond Ring Collections

Ginza Diamond Shiraishi Hong Kong has unveiled new insights into its diamond ring collections, highlighting the craftsmanship, materials, and design precision behind each piece.The announcement provides a detailed look at how traditional artistry and mode...

PASCAL Redefines Diamond Watches with Precision Light Collection: A New Era in Lab-Grown Luxury

The fine jewelry and watchmaking brand PASCAL has introduced a major expansion to its Diamond Watch Collection with the launch of Precision Light—a design framework that transforms how diamonds are used in modern watchmaking.Rather than treating diamonds ...

Rio Tinto Ends Production at Diavik Diamond Mine: What It Means for Canada’s North

Yellowknife, Canada — Rio Tinto has officially completed its final ore haul from the Diavik Diamond Mine on March 24, marking a historic milestone in Canada’s diamond mining industry.After more than two decades of continuous operation, the closure of Diav...

From Monopoly to Market Leader: How De Beers Built and Transformed the Global Diamond Industry

IntroductionFew companies have influenced a global industry as deeply as De Beers. Founded in 1888 by Cecil Rhodes in South Africa, the company didn’t just participate in the diamond trade—it structured, controlled, and defined it for over a century.At it...

Surat Emerges as a Global Diamond and Textile Powerhouse

Surat, the second-largest city in Gujarat, is rapidly strengthening its position as a global leader in both the diamond and textile industries. Known widely as the “Diamond City” and “Silk City,” Surat has built a powerful industrial ecosystem that suppor...

WFDB Allocates Major Budget to Boost Global Natural-Diamond Marketing

The World Federation of Diamond Bourses (WFDB) is ramping up efforts to promote natural diamonds worldwide, announcing a substantial budget allocation for marketing initiatives targeting younger generations, including Millennials and Gen Z.At its recent e...

GemFair & De Beers Group Launch Ethical Diamond Capsule Collection with De Beers London

Overview: Ethical Diamonds Enter the Luxury MarketDe Beers Group has announced a significant collaboration between its sourcing initiative GemFair and its luxury jewellery house De Beers London. This partnership introduces a capsule jewellery collection f...

Rare 36.92-Carat Blue Diamond Discovered at Karowe Mine

Overview: High-Value Discovery Reinforces Technological ProgressA rare 36.92-carat blue diamond has been discovered at the Karowe Mine, highlighting the increasing role of advanced recovery technologies in modern diamond mining. The discovery demonstrates...

Lab-Grown vs Natural Diamonds: How the Market Is Evolving

Overview: A Dual-Track Evolution in the Diamond MarketThe global diamond industry is undergoing a structural shift as lab-grown diamonds gain acceptance alongside natural diamonds. Rather than replacing traditional stones, lab-grown diamonds are expanding...

26.36-Carat White Diamond Sells for £1.009 Million at Elmwood’s Auctioneers

Overview: Rare White Diamond Exceeds Expectations at London AuctionA 26.36-carat round brilliant white diamond achieved a final sale price of £1.009 million at Elmwood’s Auctioneers in Notting Hill, London on March 17, 2026. The result exceeded its pre-sa...

Blood Diamond: How De Beers Addressed Conflict Diamond Concerns

Introduction to Blood Diamond IssuesThe term Blood Diamonds refers to diamonds mined in war zones and sold to finance armed conflicts, particularly during the 1990s. These practices raised serious ethical, legal, and humanitarian concerns across the globa...