Oct 29, 2024 · De Beers has upheld its 2024 production guidance, targeting 23 to 26 million carats, as the midstream continues to manage elevated inventory levels and recovery timelines remain extended, according to IDEX Online. The company, 85% owned by Anglo American, reduced its rough diamond output in Q3 by 25% to 5.6 million carats in response to prolonged lower demand and high inventory levels ...

Apr 12, 2024 · Diamond analyst Paul Zimnisky predicts that global diamond mining output will reach just 105 million carats this year, marking the lowest volume since 1995. In a recent article, Zimnisky emphasizes that this figure is particularly striking given that in 1995, diamond mining in Canada and Angola had yet to commence. Today, Canada and Angola rank as the world’s third- and fourth-largest ...

Mar 12, 2024 · Diamond prices appear to be stabilizing, driven primarily by a decline in diamond supply, according to the IDEX diamond price index published by IDEX Online. The report indicates that increased demand ahead of the holiday season has contributed somewhat to rising prices. However, the primary driver of price increases is a relative shortage of rough diamonds. Estimates suggest that De Beers ...

The Israeli diamond industry plays a pivotal role in the global diamond industry and trade. Due to its extensive experience, strong ethics, unique skills, innovative thinking, and locally developed diamond technology, the Israeli industry has a well-established and respected reputation. Israel also maintains a leading role in the Kimberley Process to reduce the flow of …

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Gem Produces Another 100+ Diamonds at Letšeng Mine 1234…512Next

Dec 14, 2023 · The IDI launched a website showcasing Jewish-inspired jewelry collection, to support Israel and Gaza envelope communities following October 7

The Israeli Diamond Industry Portal Introduces Diamond dealers and Suppliers - Get the latest Diamond News and Establish New Business Connections.

Discover nature’s finest diamonds at the Israel Diamond Institute (IDI) Pavilion during GemGeneva – International Gem & Jewellery Show. The IDI is hosting a large Israeli pavilion during GemGeneva, featuring leading diamond companies. Our team of diamond experts and state-of-the-art technology are at your service, providing personalized assistance in finding the perfect gems to fit...

The Kimberley Process (KP) is an international initiative that unites governments, civil society organizations, and industry members in an effort to reduce the flow of conflict diamonds, and promote socio-economic development in areas affected by diamond mining. The KP was established in 2000, subsequently adopted by UN bodies, and began operations in 2003. Its main mechanism is the Kimberley ...