Angola's Annual Diamond Output to Hit 17.5m carats

February 12, 26 by John Jeffay

The Angolan government says it aims to increase annual diamond production to 17.5m carats in 2027, after a record output last year of 14.0m carats. Endiama, the state-owned diamond company, said it was planning a significant expansion in its activities... Read More...

Angola's Annual Diamond Output to Hit 17.5m carats

February 12, 26 by John Jeffay

The Angolan government says it aims to increase annual diamond production to 17.5m carats in 2027, after a record output last year of 14.0m carats. Endiama, the state-owned diamond company, said it was planning a significant expansion in its activities... Read More...

De Beers Sale is "Relatively Far Advanced"

February 11, 26 by John Jeffay

Mining giant Anglo American will probably sell De Beers to a consortium of government and private entities, according to CEO Duncan Wanblad. He told the Financial Times yesterday (10 February) that the sales process was "relatively far advanced"... Read More...

India's GJEPC to Join Natural Diamond Council

February 10, 26 by John Jeffay

India's Gem and Jewellery Export Promotion Council (GJEPC) is to join the Natural Diamond Council (NDC). It is due to become an NDC member by 1 May, once agreement has been reached over the details of its financial contribution.... Read More...

Botswana's Diamond Stockpile Hits 12m Carats

February 09, 26 by John Jeffay

Botswana is stockpiling almost twice as many diamonds as the limit set by its government. It has accumulated 12m unsold carats because it cannot sell its rough at a fair price amid ongoing weak demand. The government's allowable inventory level.... Read More...

Memo by John Jeffay

February 12

It's almost eight months since the Luanda Accord was agreed - and diamond producers pledged one per cent of their rough revenue to fund a global NDC campaign promoting natural stones. Multiple opportunities to tell and sell the story of natural diamonds have ...  Read More...