The latest headlines shaping the global diamond and jewellery trade.
Speaking at the Natural Diamond Council (NDC) panel on Reshaping Value across the Natural Diamond Supply Chain - organized in collaboration with the Diamond Federation of Hong Kong (DFHK) during the Jewellery & Gem WORLD (JGW) Hong Kong Jewellery Show - World Federation of Diamond Bourses (WFDB) President Mehul Shah called for industry-wide unity, standardization, and proactive consumer protection.
South Africa has joined Namibia and Botswana in a new cooperation framework aimed at strengthening ties between Africa’s natural diamond-producing countries and China’s diamond market.The Beijing Declaration on Natural Diamonds and Sustainable Development was signed in Beijing on 15 September 2026, bringing together government representatives from South Africa, Namibia and Botswana, the Shanghai Diamond Exchange (SDE), and representatives of the Chinese and international diamond industries.
The Shanghai Diamond Exchange (SDE), together with government representatives from Botswana, Namibia and South Africa and members of the Chinese and international diamond industry, has signed the Beijing Declaration on Natural Diamonds and Sustainable Development, establishing a framework for deeper cooperation between African diamond-producing countries and China’s natural diamond market.
Three specialist courses will bring practical diamond and gemstone education to Hatton Garden throughout September The London Diamond Bourse (LDB) is placing education firmly at the centre of its September programme, with three specialist one day courses designed to strengthen practical knowledge, commercial confidence and understanding across the diamond and coloured gemstone sectors.
During the ongoing Vicenzaoro jewellery exhibition in Italy, at a closed-door meeting held in connection with the CIBJO Centenary Congress, Mehul Shah, President of the World Federation of Diamond Bourses (WFDB), and newly appointed CIBJO Director, highlighted the importance of consumer awareness through proper declarations.
Mehul Shah, President, World Federation of Diamond Bourses [WFDB] addressed the centenary celebration of CIBJO during the ongoing Vicenza ORO jewellery exhibition in Vicenza, Italy. He began by congratulating Dr. Gaetano Cavalieri, President of CIBJO on the centenary celebrations and highlighted the excellent work CIBJO has carried out over the last 100 years especially the Blue Book & Retailers guidelines.
Bharat Diamond Bourse (BDB), on behalf of the entire Indian diamond industry, was honoured to welcome H.E. Mr. Bart De Wever, Prime Minister of the Kingdom of Belgium and his official delegation on their visit to the Bourse at BKC, Mumbai, today.
Fashion, creativity and local talent took centre stage at Compton Fashion Week Botswana, and KGK Diamonds was proud to be part of this dynamic celebration of Botswana’s growing creative industry.
The Russian government has postponed the introduction of an 8% export duty on rough diamonds, moving the implementation date from September 1, 2026, to March 1, 2027. The decision follows a decree signed by Russian Prime Minister Mikhail Mishustin on August 11.
Okavango Diamond Company (ODC) has announced the appointment of a new Board of Directors, with Yoram Dvash taking on the role of Chairman.
The Qatar Diamond Exchange (QDE) has expanded its international partnerships by signing Memoranda of Understanding (MoUs) with diamond exchanges in Singapore, Shanghai, and Tokyo.
A senior Namibian delegation led by Ms. Gaudentia Krohne, Deputy Minister, Ministry of Industries, Mines and Energy, visited GJEPC office on 11 August as part of a B2B engagement aimed at exploring greater cooperation between Namibia and India’s diamond industry.
Gem and Jewellery Export Promotion Council honoured the Legends of the Industry during the ongoing IIJS Bharat Premiere exhibition. Globally renowned changemakers in the Industry were invited and honoured in the presence of an august audience.
Qatar Free Zones Authority (QFZ) has announced the Qatar Diamond Exchange (QDE), a fully integrated platform for the trade of rough and polished diamonds and precious stones hosted within Ras Bufontas Free Zone.v
De Beers Group reported an 88% year-on-year increase in rough diamond production to 7.8 million carats in the second quarter (Q2) of 2026, reflecting higher output across its operations in Botswana and Canada.
A consortium led by former De Beers Chief Executive Gareth Penny has emerged as the leading bidder to acquire De Beers from Anglo American, according to the Financial Times. Citing Botswana's Minister for State and Defence, Moeti Mohwasa, the newspaper reported that Anglo American has identified the Global Diamond Consortium as its preferred bidder, signalling that a deal may be nearing completion.
Mehul Shah, Vice President of Bharat Diamond Bourse, and recently elected as President of World Federation of Diamond Bourses (WFDB) said that he and the WFDB committee led by him will focus on reaffirming the industry's collective commitment to strengthening consumer confidence, and reinforcing the enduring value of natural diamonds.
DMCC, the leading international business district that drives the flow of global trade through Dubai, today announced that Dubai's total diamond trade reached an all-time high of USD 41.7 billion in 2025, according to data from Dubai Customs.
KGK Botswana has been recognized as the Best Enterprise in Botswana by the Ministry of Labour and Home Affairs during the World Productivity Day celebrations, marking a significant achievement for the company and its workforce.
DMCC, the leading international business district that drives the flow of global trade through Dubai, has signed a strategic Memorandum of Understanding (MoU) with the Botswana Stock Exchange Group (BSE),
The 41st World Diamond Congress concluded successfully in Singapore after three days of insightful deliberations, strategic dialogue and industry-wide collaboration, bringing together the global natural diamond fraternity under one roof for the first time after eight years.
Ankit Gems is honoured to play a significant role in a unique collaboration that showcases Botswana's diamond heritage on the global stage. Working closely with ODC, Ankit Gems has been entrusted with the manufacturing and preparation of specific ODC diamonds that will ultimately be incorporated into medals to be worn by international champions, representing excellence, achievement, and national pride.
Mr. Mehul Shah, Vice President of the Bharat Diamond Bourse, presented the official stamp released by the Department of Posts, Government of India, to Hon. Bogolo Joy Kenewendo, Minister of Minerals and Energy, Republic of Botswana during his visit where he represented the Indian Diamond Industry at the World Federation of Diamond Bourses Summit.
Angola reaffirmed its commitment to a diamond industry based on transparency, sustainability, and value creation for communities during the 41st World Diamond Congress of the World Federation of Diamond Exchanges (WFDB), held in Singapore.