While the diamond industry markets itself as a beacon of luxury, the complex web of global trade hides dark, brutal reality.
Surat, the world’s largest hub for polished diamond manufacturing, has been reeling under a severe recession for the last two ...
NEVs, along with lithium batteries and solar panels, form China’s “new trio” in foreign trade. Customs data shows that the ...
Discover the impact of Sanjay Leela Bhansali's groundbreaking series 'Heeramandi: The Diamond Bazaar', exploring the world of ...
China’s demand for natural diamonds has ‘fallen off a cliff’ amid plunging marriage rates, while its factories are churning ...
Sales revenue for the third tender fell 7% to $71 million, bringing year-to-date revenue to $146 million, down from $188 ...
The miner announced plans last month to suspend some production in 2025 and cut staff as it grapples with low global prices.
Global diamond tools market was valued at US$ 18.2 billion in 2023 and is projected to attain market size of US$ 33.7 billion by 2032 at a CAGR of 7.1% during the forecast period 2024–2032.
The slump follows years of heady growth that became more frenetic still during the covid-19 pandemic, when bored consumers ...
Amid the prolonged crisis in the market, Alrosa will have to suspend production at some of its least profitable sites in 2025 and optimize costs, including expenditure on staff, which will be reduced ...
The Natural Diamond Council, the apex global body for marketing natural diamonds, has approached producer nations, including ...