Some countries are implementing changes to improve local production of raw minerals and lessen dependence on imports.
Armenia is a key supplier of diamonds in the world.
The rare diamonds that were expected to rake in a large amount of money were either unsold or just fetched in way below expectations.
Top producers know that the gemstone market is big that's why an e-commerce expansion is seriously considered.
Sales of rough diamonds in Belgium, Brazil and Botswana have not been impressive so far this year.
The sales of diamonds dipped but experts are expecting a rebound as winter holidays are coming up.
China can influence prices for rare earth minerals because the country is a massive producer of it.
Russia is set to implement reforms in its diamond processing to compete with global leader India.
The future of Canada's Dominion Diamond is bright amid bullish expectations from experts.
The Lesedi La Rona diamond is too big to be sold in its uncut form as the stone is beyond 1,000 carats.