Rio Tinto exits diamond mining at Diavik, completing its multi-decade stretch after producing over 150 million carats from the mine. Following Argyle’s 2020 closure, production fell sharply, tightening global supply and accelerating industry consolidation.
Insights Into the Diamond Industry - Page 2 of 13
Our latest insights, expert analysis and thinking on the topics that matter most in the diamond industry.
More Than 10% of De Beers Sightholders Expected to Lose Supply
On Friday, March 20, 2026, Sightholders are expected to find out whether they will be offered a supply contract renewal or lose their Sight.
The new supply contracts will begin on July 1, 2026.
Lab-Grown Diamond Wholesale Prices Down 26% in 2025, Signs of Stabilization Emerge
In 2025, lab-grown diamond wholesale prices fell 26% year on year, marking the slowest pace of quarterly decline since the category emerged.
Lab Diamond Wholesale Prices Sink 9% QoQ
In the third quarter, lab diamond wholesale prices fell 9% from the previous quarter and by 37% YoY.
US retailers’ costs plummeted 22% year on year, while retail prices fell 5% from Q2 and 14% year on year.
Lab-Grown Diamond Wholesale Prices Drop 7% in Q2
The first quarter of this year saw a further drop in the LGD wholesale price list, particularly for round-shaped goods. The average trading wholesale price of 1-3 carat rounds decreased by 8.9% from the fourth quarter of 2024, based on our Q1 price list. Get the LGD Wholesale Price List here.
To Bash Or Not To Bash? Well, No
Bashing lab-grown diamonds will not help natural diamonds or sell any diamonds. Vindictiveness is appealing, but it is not an effective category marketing strategy.
On Why to Introduce Diamond Traceability
12 reasons why diamond traceability is not a waste of time or money but an important evolution. Diamond analyst Edahn Golan breaks it down.
Israel’s Diamond Financing Sinks to $0.5 Bln
Bank financing for Israel’s diamond industry has plummeted to $508 million in 2024, a historic low. The Israeli diamond center is experiencing a protracted decline in market activity, resulting in diminished financing.
LGD Wholesale Price List Down 9% in Q1
The first quarter of this year saw a further drop in the LGD wholesale price list, particularly for round-shaped goods. The average trading wholesale price of 1-3 carat rounds decreased by 8.9% from the fourth quarter of 2024, based on our Q1 price list. Get the LGD Wholesale Price List here.
Brace for Change, The Year of Realignment Has Arrived
The outgoing year was clearly a particularly challenging one. It required diamond industry companies to reconsider their future and created an opportunity to pivot towards reinventing diamonds as a true luxury item. The coming year should be the year of realignment.
