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UAE Kimberley Process Chair visits Central African Republic to expedite diamond trade reinstatement

* Ahmed Bin Sulayem, the UAE’s Chair of the Kimberley Process, visited the Central African Republic (CAR) in February to scope out the country’s diamond situation * The visit aimed to give momentum for an official review and reinstatement of CAR’s diamond trade
South Africa Central African Republic Nana Mambé United States Rufin Benam Beltoungou Civil Society

Lab-grown diamonds put natural gems under pressure

The glittering diamonds sparkle the same but there are key differences: mined natural gems are more than a billion years old, while laboratory-made rocks are new and cost less than half the price. Man-made gems are reshaping the $89 billion global diamond jewelry market,&#x2...
United States Paul Zimnisky Lekha Prabhakar Asmit Patel Edahn Golan Rajesh Mehta

Lab-grown diamonds put natural gems under pressure

The glittering diamonds sparkle the same but there are key differences: mined natural gems are more than a billion years old, while laboratory-made rocks are new and cost less than half the price.Man-made gems are reshaping the $89 billion global diamond jewellery market, especially in the west Indian city of Surat where 90 percent of the world's diamonds are cut and polished.
United States Rajesh Mehta Lekha Prabhakar Asmit Patel Edahn Golan Paul Zimnisky
Source: yahoo.com

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Lab-grown diamonds put natural gems under pressure, Retail News, ET Retail

Lab-grown diamonds are reshaping the global diamond jewelry market, with production volumes growing rapidly. They offer lower costs, clean records, and are gaining popularity for engagement rings. The industry has faced challenges, but falling prices have spurred demand, especially in Mumbai.
United States Rajesh Mehta Lekha Prabhakar Asmit Patel Edahn Golan Paul Zimnisky

Namdia to Invest 3.4bnUS$ in Local Diamond Industry

Namibian Mining News reports that at Mining Indaba, Namdia has unveiled plans to invest a massive 3.4bn US$ over the next ten years, expanding its operations, including through social responsiblity actions in its "Equitable Economic Empowerment Framework" and renewing its focus on exploration, aligned with more accessible and up to date exploration licenses and mining rights information via an e-platform. Namibia, ramping up its activities in green energy rapidly, is a mineral-rich cou...
De Beers Namibian Mining News Mining Indaba Economic Empowerment Kimberley Process

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