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Uncertainty Is the New Diamond World Order The industry rethinks strategies after a year of disruptions from US tariffs, lab-grown influence and fragmentation in the polished market.

When uncertainty is the new norm, it’s more important than ever to take risk assessment seriously. The businesses that succeed will be the ones that stay informed, manage exposure, and adapt quickly.

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#JewelersBoardofTrade #Rapaport #DiamondIndustry #Diamonds #Jewelry

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Middle East War Hits Indian Diamonds And Ceramics Exports - IndiaWest News Middle East War Hits Indian Diamonds And Ceramics Exports.

Middle East War Hits Indian Diamonds And Ceramics Exports

Full Story: indiawest.com/middle-east-...

#MiddleEastWar #IndiaExports #DiamondIndustry #CeramicsExports #GemsAndJewellery #GlobalTradeDisruption #SupplyChainCrisis #ExportIndustry

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The sooner you act, the better your odds. Learn how JBT helps you get paid: hubs.la/Q03YTjv60

#JewelersBoardofTrade #Collections #JewelryIndustry #Jewelry #DiamondIndustry

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RobinReach

RobinReach

What if forever was just a tagline 🤯 Peek behind the sparkle to see how a $50B lie built the diamond industry 💍💎
The $50 Billion Lie That Created The Diamond Industry
https://youtu.be/AX717Qw8Xrc
#MarketingMyths #DiamondIndustry #AdHistory #MediaLiteracy

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Swartbooi cautions that synthetic diamonds risk Namibia’s jobs and revenues By: Staff Reporter Landless People’s Movement (LPM) leader and parliamentarian, Bernadus Swartbooi, has raised questions over the impact of synthetic diamonds on Namibia’s traditional diamond sector. Swartbooi addressed the questions...

#Namibia #SyntheticDiamonds #DiamondIndustry #Jobs #Economy

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2/13 "The entire industry is in trauma," says Kirit Bhansali, chairman of India's Gem and Jewelry Export Promotion Council.

The U.S. is India's largest buyer of precious stones—30% of exports worth nearly $10 billion annually.
#DiamondIndustry

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The Great Diamond Reshuffle: How Lab-Grown Diamonds Are Forcing Industry Titans to Pivot Their Billions "A deep analysis of the lab-grown diamond market's disruption, detailing the price collapse, De Beers' strategic pivot, and GIA's new grading rules."

52% of Engagement Rings Now Feature Lab-Grown Stones, Sparking a Seismic Shift in the Global Diamond Market

#LabGrownDiamonds #DiamondIndustry #MarketAnalysis #DeBeers #InvestmentTrends #Tech #BusinessNews #FactRage #FactRageNews

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Diamond Slump Hits Namibia Government Revenue - IDEX Online Diamond Slump Hits Namibia Government Revenue  IDEX Online

#Namibia #DiamondIndustry #GovernmentRevenue #EconomicImpact #MiningNews

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Diamond Industry still key, but faces global downturn - Minister Diamond Industry still key, but faces global downturn - Minister NBC Online Sat, 06/14/2025 - 13:59

#DiamondIndustry #Namibia #EconomicDevelopment #MarketChallenges #Mining

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Global Lab Grown Diamond Market Scope And Growth Drivers 2031 Lab Grown Diamond Market, including historical market sizes from 2019 to 2022 and forecasts for 2024 to 2031. The market is estimated to be valued at USD 24,000 Million in 2023 and is projected to gro...

Discover the 🌍 Lab Grown Diamond Market Report 2025–2032—insights on growth, pricing trends, innovations & major players shaping the future of ethical luxury. Shine with data-driven strategy! #LabGrownDiamonds 💎 #SustainableLuxury #MarketResearch #DiamondIndustry

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Kimberley Process marks ‘breakthrough’ in expanding definition The World Diamond Council (WDC) has welcomed the meaningful progress made towards expanding the Kimberley Process definition of conflict diamonds after a successful week of open and productive dialogue at the 2025 Intercessional in Dubai. The meeting, hosted by the UAE and current KP Chair Ahmed Bin Sulayem, marked a significant breakthrough in seeking to expand the definition of conflict diamonds after years of discussion. The current definition, established over two decades ago, primarily addresses diamonds financing rebel movements against legitimate governments. However, the evolving nature of conflicts necessitates a broader scope. The African Diamond Producers Association (ADPA), representing 15 member countries and five observers, submitted language that moved the debate forward and brought many stakeholders back to the table. African diamond producers showed leadership in their commitment to expand the definition. The Kimberley Process (KP) is the international forum dedicated to eliminating conflict diamonds from the global trade. It was established in May 2000 in Kimberley, South Africa, at a conference supported by the United Nations to address the problem of rough diamonds financing civil conflict in Africa. The KP developed the Kimberley Process Certification Scheme (KPCS), launched in January 2003. It certifies the legitimate origin of rough diamonds so as to halt the trade in conflict goods. In her closing speech, WDC President Feriel Zerouki said, “Consensus building does not happen through silence but through courageous, active participation. This time, we feel that the majority of KP members have come prepared with the will to modernise the definition and the will to make the Kimberley Process as impactful as it was at its inception.” The Review and Reform cycle has demonstrated that the KP works, having advanced and completed most of the critical items on the reform agenda, including the development of new guidelines designed to support the development of diamond communities should they request it. The KP also completed the core document and concluded the vital work on compliance and governance. These are all important achievements and a testament to the hard work, dedication and tenacity of all members. “The Kimberley Process is not just about stemming the flow of conflict diamonds. It is also about supporting the people behind it. More than compliance, this is about empowerment, ensuring those most affected by the diamond industry can access support should they request it,” Zerouki added. As the KP prepares for the 2025 Plenary, the WDC remains committed to supporting participants in finalising the expanded definition of conflict diamonds that will restore full consumer and stakeholder confidence in the global diamond supply chain. Zerouki said, “We are almost at the finish line. Let us stand together. Let us keep the momentum. Kimberley Process marks ‘breakthrough’ in expanding definition The World Diamond Council (WDC) has welcomed the meaningful progress made towards expanding the Kimberley Process definition of conflict diamonds, after a successful week of open and productive dialogue at the 2025 Intercessional in Dubai. The meeting, hosted by the UAE and current KP Chair Ahmed Bin Sulayem, marked a significant breakthrough in seeking to expand the definition of conflict diamonds after years of discussion. The current definition, established over two decades ago, primarily addresses diamonds financing rebel movements against legitimate governments. However, the evolving nature of conflicts necessitates a broader scope. The African Diamond Producers Association (ADPA), representing 15 member countries and five observers, submitted language that moved the debate forward and brought many stakeholders back to the table. African diamond producers showed leadership in their commitment to expand the definition. The Kimberley Process (KP) is the international forum dedicated to eliminating conflict diamonds from the global trade. It was established in May 2000 in Kimberley, South Africa, at a conference supported by the United Nations to address the problem of rough diamonds financing civil conflict in Africa. The KP developed the Kimberley Process Certification Scheme (KPCS), launched in January 2003. It certifies the legitimate origin of rough diamonds so as to halt the trade in conflict goods. In her closing speech, WDC President Feriel Zerouki said, “Consensus building does not happen through silence but through courageous, active participation. This time, we feel that the majority of KP members have come prepared with the will to modernise the definition and the will to make the Kimberley Process as impactful as it was at its inception.” The Review and Reform cycle has demonstrated that the KP works, having advanced and completed most of the critical items on the reform agenda, including the development of new guidelines designed to support the development of diamond communities should they request it. The KP also completed the core document and concluded the vital work on compliance and governance. These are all important achievements and a testament to the hard work, dedication and tenacity of all members. “The Kimberley Process is not just about stemming the flow of conflict diamonds. It is also about supporting the people behind it. More than compliance, this is about empowerment, ensuring those most affected by the diamond industry can access support should they request it,” Zerouki added. As the KP prepares for the 2025 plenary, the WDC remains committed to supporting participants in finalising the expanded definition of conflict diamonds, which will restore full consumer and stakeholder confidence in the global diamond supply chain. Zerouki expressed, “We are nearly reaching the final stage.” Let us stand together. Let us keep the momentum. Let us get this done.-www.worlddiamondcouncil.org

#KimberleyProcess #ConflictDiamonds #WorldDiamondCouncil #DiamondIndustry #Sustainability

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Namibia's mining sector sees 1.2% contraction amid diamond slump| The New Times - The New Times Namibia's mining sector sees 1.2% contraction amid diamond slump| The New Times  The New Times

#Namibia #MiningSector #DiamondIndustry #EconomicNews #MiningNews

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Trump’s tariff threat: Namibia’s diamonds face deep cut Namibia’s diamond industry may be pushed into deeper crisis if United States (US) president Donald Trump pushes ahead with implementing an export tariff of 21% on Namibia. Bank of Namibia (BoN) governor Johannes !Gawaxab says the country’s diamond sector is already struggling with declining global demand and mounting competition from lab-grown alternatives. The Trump administration has temporarily placed a 90-day pause on so-called ‘reciprocal’ tariffs on Namibia and several other countries, excluding China. “We can tell you that the direct exposure appears very minimal on the Namibian economy. However, the direct and indirect impact may manifest largely through diamond exports. The diamond market is heavily, heavily affected,” !Gawaxab said at the monetary policy announcement yesterday. According to the central bank, 12.4% of Namibia’s polished diamonds and 0.2% of rough diamonds were exported to the US in 2024. Currently, and largely due to the African Growth and Opportunity Act, Namibia enjoys duty-free exports to the US on most products, including diamonds. However, !Gawaxab said if a 21% tariff is implemented, Namibia will have to pay a tariff of 8.7% on polished diamonds and 0.4% on rough diamonds. “The diamond is already going through a difficult time because of low demand, and competition from lab-grown diamonds, and now you have all these tariffs. Maybe there’s a case to be made for diamonds to be exempted, like uranium and gold has been exempted from the tariffs,” !Gawaxab said. According to February figures by De Beers, Namibia produced 2 234 million carats of rough diamonds in 2024. Johannes !Gawaxab This was a 4% decrease from the 2 327 million carats of diamonds produced the previous year. Namdeb recorded a 44% increase in production in 2024, producing 609 000 carats from 468 000 carats in 2023, while Debmarine Namibia’s production for 2024 decreased by 13% to 1 625 million carats from 1.859 million carats in 2023. Meanwhile, marble exports currently make up most of the exports to the US, with 88.7% destined for the American market. Marble exports currently come with a 0.4% tariff. “The overall impact on gross domestic product is difficult to quantify, however, sectors such diamonds, marble and manufacturing will be negatively impacted. Further, prevailing uncertainties will impact investments and consumption decisions,” !Gawaxab said. He said the uncertain global landscape complicates inflation projections. “When we started, we said inflation will average around 4% for 2025, but we have revised it upwards now to 4.2%, and also for 2026, we’ve revised that upwards. “High inflation through weakening of the exchange rate in imported inflation will have an impact because of the trade tariffs,” the governor said. !Gawaxab said the uncertainty is just as damaging as the actual tariffs. “The world is far from anything remotely predictable and the economic models are presently defunct,” he said. The post Trump’s tariff threat: Namibia’s diamonds face deep cut appeared first on The Namibian.

#Namibia #Diamonds #TrumpTariffs #ExportTariff #DiamondIndustry

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De Beers Sightholders Report Shortages of Large Diamonds Rough diamonds above 5 carats were in tight supply with explanations ranging from production cuts to De Beers’ withholding supply.

If you deal in #diamonds, you might want to pay attention to this hubs.la/Q039P_0B0

#DiamondIndustry #JewelryIndustry #DeBeers

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De Beers Scam Did you know that diamonds are not as rare as they may seem? In fact, the scarcity of diamonds is artificially created by one company – De Beers. De Beers is a diamond mining and trading company that has been accused of running one of the biggest scams in…

ICYMI: De Beers Scam: Did you know that diamonds are not as rare as they may seem? In fact, the scarcity of diamonds is artificially created by one company – De Beers. De Beers is a diamond mining and trading company that has been accused of… #DeBeers #Diamonds #ScamAlert #DiamondIndustry #FroggyAds

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De Beers Scam Did you know that diamonds are not as rare as they may seem? In fact, the scarcity of diamonds is artificially created by one company – De Beers. De Beers is a diamond mining and trading company that has been accused of running one of the biggest scams in…

De Beers Scam: Did you know that diamonds are not as rare as they may seem? In fact, the scarcity of diamonds is artificially created by one company – De Beers. De Beers is a diamond mining and trading company that has been accused… #DeBeers #Diamonds #ScamAlert #ConsumerAwareness #DiamondIndustry

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